517 W 23Rd St Merced, CA 95340

This 4,000 sq.ft. commercial building is located on a half-acre in Merced’s growing downtown. The property is suitable for medical, wellness, medical spa, dental, optometry, clinical, or professional office use. It features a private 2-car garage, 20 dedicated parking spaces, gated rear access, and strong street visibility. The interior includes a welcoming reception and distinctive lobby, two waiting areas (one suitable as a boardroom), five exam rooms, a receiving room, two offices, multiple prep and lab areas, a records/admin workspace, a retail or open work area, and four restrooms. In total, there are 19 rooms. A private doctor/executive suite includes its own entrance, sitting room, and restroom, plus ample storage, mature trees, and multiple exterior entrances. The property is conveniently located near downtown shops, restaurants, County offices, the post office, Bear Creek, freeway access, and transit routes. It benefits from Merced’s rapid growth fueled by UC Merced’s expanding student population. The property is ideal for owner-users seeking a move-in-ready facility or investors looking for value-add potential and cap rate improvement in a high-visibility, high-demand corridor.