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Merced Multi-Suite Office Investment
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849 W 18th St, Merced, CA 95340

Downtown Merced office building with income potential for sale.

Property Size4,984 SF
Lot Size0.33 Acres
Price / SF$200.64
Days on Market192

Property Features for 849 W 18th St

General Information

Standard status Active
Size 4,984 SF
Class B
Lot size 0.33 Acres
Property subtype Office
Zoning C-C
Occupancy 80%
Lease Type Modified Gross
Investment Type Stabilized
Net Operating Income $56,141

Building Details

Year Built 2000
Units 5
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 20 at 8:41PM

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 downtown Merced, this 4,984 square foot commercial property features 5 separate office suites. The property is zoned Central Commercial and is currently used as office space. The configuration supports owner-use or stable multi-tenant income. Situated on a 0.334-acre lot, the property includes a gated parking lot. The property is located steps from City Hall and Main Street in Merced’s revitalizing downtown. The property offers immediate income potential and future upside in one of the city’s most active business zones, with a current cap rate of 5.61% and a pro forma of 6.6%.

Key Highlights

  • High visibility downtown location near City Hall and Main Street
  • Strong income potential with a 5.61% current cap rate and 6.6% pro forma
  • Features 5 separate office suites, suitable for owner‑use or multi‑tenant income

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Tech Support Center Catering Service Fish Market

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

1,915
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 - Downtown Merced office building with income potential for sale.
Where is this office building located?
The property is located at 849 W 18th St Merced, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High visibility downtown location near City Hall and Main Street; Strong income potential with a 5.61% current cap rate and 6.6% pro forma; Features 5 separate office suites, suitable for owner‑use or multi‑tenant income
More about this property
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