3183 Collins Dr Merced, CA 95348

Located at 3183 Collins Dr in Merced, CA, this commercial office building provides approximately 4,550 square feet of space on a 7,152 square foot parcel. Constructed in 1990 and zoned P-D, the property features five separate office suites, offering a flexible layout suitable for investors or owner-users. 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, providing stable and consistent income. The remaining suites operate on month-to-month lease agreements, allowing a new owner to reposition rents, renegotiate lease terms, or adjust the tenant mix to potentially increase the property's cap rate. This tenancy structure supports 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 of multiple suites also 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.