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Two-Entrance Office Building
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1948 P St, Merced, CA 95340

Multiple private offices, welcoming areas, support rooms, and restrooms create a flexible professional layout.

Property SizeContact for details
Days on Market143

Property Features for 1948 P St

General Information

Standard status Active
Property subtype Retail
Listing Agency: BHGRE Everything Real Estate
Listed By: Eric Jaurique Pouncey · License #CA 02154006
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Everything Real Estate

Investment Insights

Based on property information with market context.

Located at 1948 P St in downtown Merced, this office building combines a multi-room interior with practical onsite support space. The 2,404 Sqft building includes two main entrances, eight private offices, two welcoming areas, a copier room, a break area, and four bathrooms. The dual-entry configuration can accommodate separate business operations or a co-tenant arrangement.

The property occupies a 7,501 Sqft lot with ten available parking spaces and a large stand-alone storage unit. The lease structure is triple-net, with the tenant responsible for utilities, building maintenance, insurance, and property taxes. The initial lease term is a minimum of two years.

Key Highlights

  • 2,404 Sqft office building with eight private offices
  • Two main entrances support separate business or co‑tenant operations
  • 7,501 Sqft lot with ten available parking spaces

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Tech Support Center Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,828
Businesses Nearby

Demographics for 95340, CA

38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multiple private offices, welcoming areas, support rooms, and restrooms create a flexible professional layout.
Where is this office building located?
The property is located at 1948 P St Merced, CA.
What are key features of this property?
This property features: 2,404 Sqft office building with eight private offices; Two main entrances support separate business or co‑tenant operations; 7,501 Sqft lot with ten available parking spaces
More about this property
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