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Historic Office Building
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501 W Main Street, Merced, CA 95340

Restored Bank of Italy building in downtown Merced, positioned at the corner of Main Street and Canal.

Property SizeContact for details
Days on Market135

Property Features for 501 W Main Street

General Information

Standard status Active
Property subtype Office

Building Details

Year Renovated 2004
Listing Agency: NAI Capital - Pasadena
Listed By: Cheryl Pestor · License #CA 00810674
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:48PM

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 NAI Capital - Pasadena

Investment Insights

Based on property information with market context.

This historic Bank of Italy building is located in the historic center of downtown Merced and occupies a prominent corner at the intersection of Main Street and Canal. The property was redeveloped and restored by the Tolkin Group of Pasadena, with restoration work overseen from 2002 to 2004.

A reported $3.5 million restoration was completed during that period, reflecting significant capital investment in the building. The property is positioned as a premier owner-user facility in the heart of Merced, and it carries a Walker’s Paradise score of 91.

As offered for sale, this building presents an established historic office asset with a restored presence in a key downtown intersection.

Key Highlights

  • Restored historic Bank of Italy building in downtown Merced
  • Corner location at the intersection of Main Street and Canal in Merced’s historic center
  • Tolkin Group of Pasadena oversaw a $3.5 million restoration during 2002–2004

Property Analytics

Current Use

CA Commercial Paving ... General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic Pharmacy

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

738
Businesses Nearby

Demographics for 95340, CA

38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
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 - Restored Bank of Italy building in downtown Merced, positioned at the corner of Main Street and Canal.
Where is this office building located?
The property is located at 501 W Main Street Merced, CA.
What are key features of this property?
This property features: Restored historic Bank of Italy building in downtown Merced; Corner location at the intersection of Main Street and Canal in Merced’s historic center; Tolkin Group of Pasadena oversaw a $3.5 million restoration during 2002–2004
(626) 204-1529 Call to check price and availability
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