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Medical/Professional Office Near Mercy Medical

410 E Yosemite Avenue #B Merced, CA 95340

Claim this Listing
For Sale
$575,000

Well-maintained 1,900 sq ft office space near Mercy Medical Center.

Property size:
1,974 SF
Price / SF:
$291/SF
Added:
May 30, 2025
Days on Market:
409
Last Refresh:
Mar 16 at 9:09 am

Property Features for 410 E Yosemite Avenue #B

General Information

Standard status
Active
Size
1,974 SF

Listing office LONDON PROPERTIES LTD - MERCED

Listing date May 30, 2025

Source Corcoran

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 LONDON PROPERTIES LTD - MERCED


Investment Insights

Based on property information with market context.

This approximately 1,900 sq ft space is an excellent opportunity to own a well-maintained medical or professional office. The functional layout is ideal for healthcare or office use. It features 5 exam rooms and 2 bathrooms. A spacious reception area filled with natural light welcomes clients or patients. The front yard is nicely landscaped, adding professional curb appeal. Inside, there is a dedicated breakroom with an employee bathroom, a sterilization room, a cleaning/storage room, and convenient attic storage for additional space. A temperature-controlled IT room offers secure, lockable storage for sensitive equipment or files. The property is located in desirable north Merced near Mercy Medical Center, Merced College, and a variety of restaurants, offering excellent accessibility. This move-in ready space is tailored for efficiency and comfort.

Key Highlights

  • Prime location near Mercy Medical Center and Merced College.
  • Move‑in ready, well‑maintained 1,900 sq ft medical/professional office space.
  • Functional layout with 5 exam rooms and 2 bathrooms.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.2k $30.00
− Vacancy −$8.4k −$4.26
EGI $50.8k $25.74
− OpEx −$20.3k −$10.30
NOI $30.5k $15.44
1,974 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$435.5K
$381.1K – $508.1K (±1% cap)
NOI $30,486 @ 7.0% cap · market cap 5.30%
Second Best
Office B
$53.1K
$46.4K – $61.9K (±1% cap)
NOI $3,714 @ 7.0% cap · market cap 0.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Merced County Physician Physician Associated ENT of Merced Physician Dr. Maristela M. ... Physician Dr. Teresita S. ... Physician Dr. Adrian E. ... Physician

Suggested Use

Hair Salon Building Supply Parking Lot & Garage Auto Parts Store Law Firm Computer & Electronic Repair Kitchen & Bath Showroom Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

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FAQs

What type of property is this?
Medical Office Space - Well-maintained 1,900 sq ft office space near Mercy Medical Center.
Where is this medical office space located?
The property is located at 410 E Yosemite Avenue #B Merced, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location near Mercy Medical Center and Merced College.; Move‑in ready, well‑maintained 1,900 sq ft medical/professional office space.; Functional layout with **5 exam rooms and 2 bathrooms.**
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