3183 Collins Dr Merced, CA 95348

Located at 3183 Collins Dr in Merced, CA, this commercial office building offers approximately 4,550 square feet of space on a 7,152 square foot parcel. Constructed in 1990, the property is zoned P-D and features five separate office suites, providing a flexible layout suitable for investors or owner-users seeking income with upside potential. One suite is currently vacant, presenting an immediate opportunity for an owner-user or for leasing at current market rates. Another suite is occupied by a long-term tenant, offering stability and consistent income. The remaining suites operate on month-to-month lease agreements, giving a new owner the flexibility to reposition rents, renegotiate lease terms, or adjust the tenant mix to potentially increase the property's cap rate over time. This tenancy structure allows for multiple ownership strategies, including stabilizing the property as an income-producing asset, increasing rental income through market-rate leasing, or occupying part of the building while maintaining revenue from other suites. The layout supports a variety of professional office uses, including administrative offices, medical-related services, consulting firms, or other professional businesses. Positioned within a professional office corridor in Merced, the property benefits from its location within an established commercial area surrounded by other professional services and business activity. The configuration, flexible leases, and vacant suite make this property attractive for buyers seeking a combination of current income and value-add potential.