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Merced Office Building For Sale
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Pending

3191 M St, Merced, CA 95348

11,552 SF office building in Merced's professional corridor.

Property Size11,552 SF
Lot Size0.93 Acres
Days on Market192

Property Features for 3191 M St

General Information

Standard status Pending
Size 11,552 SF
Class B
Lot size 0.93 Acres
Property subtype Office
Occupancy 39%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $84,480

Building Details

Year Built 1975
Units 3
Tenancy Multi
Listing Agency: BHGRE Everything Real Estate
Listed By: Eric Jaurique Pouncey · License #CA 02154006
Source: Crexi
Added: Feb 10 Changed: Aug 8 Last Checked: Aug 4 at 7:09AM

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 in Merced's professional corridor, this 11,552 square foot office building is situated on a 40,421 square foot lot. The property is zoned Planned Development (P-D) and includes 49 on-site parking spaces. The building features three suites, including a newly remodeled second-largest suite and a recently replaced roof. One suite is vacant and offers approximately 7,000 square feet. The property is located near Merced Mall, which is undergoing renovations, and is also near Merced College, banks, and various professional businesses. Situated on M Street, the location provides visibility and accessibility. The property is suitable for medical, educational, or general office use.

Key Highlights

  • Large 11,552 SF office building with value‑add potential from a ~7,000 SF vacant suite.
  • Projected cap rate of over 7% with the vacant suite leased at a minimum of $10,000/month.
  • Located in Merced's professional corridor on a 40,421 SF lot with high visibility on M Street.

Property Analytics

Current Use

Pacific Coast Medical ... Medical Group Merced County Probation ... County Government Office Gerald D. Patterson, ... Alternative Medicine Practice Nuestra Casa Real ... Real Estate Agency

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Parking Lot & Garage Big Box & Wholesale Store HVAC Service Carpet & Flooring 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

1,422
Businesses Nearby

Demographics for 95348, CA

35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
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 - 11,552 SF office building in Merced's professional corridor.
Where is this office building located?
The property is located at 3191 M St Merced, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Large 11,552 SF office building with value‑add potential from a ~7,000 SF vacant suite.; Projected cap rate of over 7% with the vacant suite leased at a minimum of $10,000/month.; Located in Merced's professional corridor on a 40,421 SF lot with high visibility on M Street.
More about this property
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