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Merced Office Building For Sale

3191 M St, Merced, CA 95348

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For Sale

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

Type:Office

Property size:

11,552 SF

Lot size:

0.93 Acres

Price / SF:

$207/SF

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and status of this listing

Eric Jaurique Pouncey

Real Estate License ID: CA 02154006

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.
Zoned Planned Development (P‑D) with 49 on‑site parking spaces.
Newly remodeled second‑largest suite and recently replaced roof.
Close proximity to Merced Mall, Merced College, banks, and other professional businesses.

For Sale

Contact for pricing

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

Type:Office

Property size:

11,552 SF

Lot size:

0.93 Acres

Price / SF:

$207/SF

Added:: Feb 10, 2026
Days on Market:: 147
Last Refresh:: Jun 26 at 2:10 am

Property Features for 3191 M St

General Information

Standard status: Active
Size: 11,552 SF
Lot size: 0.93 Acres
Property subtype: Office

Building Details

Year Built: 1975

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Contact an agent

Eric Jaurique Pouncey

Listing office BHGRE Everything Real Estate

Listing date Feb 10, 2026

Source Crexi

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

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.
Zoned Planned Development (P‑D) with 49 on‑site parking spaces.
Newly remodeled second‑largest suite and recently replaced roof.
Close proximity to Merced Mall, Merced College, banks, and other professional businesses.

Overview

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.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$346.6k	$30.00
− Vacancy	−$49.2k	−$4.26
EGI	$297.3k	$25.74
− OpEx	−$118.9k	−$10.30
NOI	$178.4k	$15.44

11,552 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$2.55M

$2.23M – $2.97M (±1% cap)

NOI $178,409 @ 7.0% cap · market cap 7.43%

Second Best

Office B

$310.5K

$271.7K – $362.2K (±1% cap)

NOI $21,733 @ 7.0% cap · market cap 0.91%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

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

Location Insight

Map
Local Demand

City: Merced
County: Merced
State: California
Longitude: -120.479116
Latitude: 37.321863

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For sale
Office buildings
CA
Merced
95348
3191 M St

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.