851 W Olive Ave Merced, CA 95348

Properties For Sale

at 851 W Olive Ave Contact us

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Listed by Ethan Conrad · License #01298662 Show Phone

Source Moodyscre

Added: Jul 24, 2025 Updated: Jul 21 at 3:32AM Checked: Jul 21 at 3:32AM

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Investment Insights

Based on property information with market context.

Marketplace at Merced is undergoing a major redevelopment to support its long-term market position. The property is being repositioned as a more entertainment and service-driven shopping destination, intended to increase foot traffic and repeat visits.

The center is surrounded by a dense residential population and is in close proximity to Merced College. Major surrounding national tenants referenced include Target, JCPenney, Kohl’s, and Michael’s, along with additional names such as Boot Barn, Vallarta Market, Crunch Fitness, Raising Cane’s, and Shoe Palace, with leases noted as signed.

This offering is for the underlying site tied to the ongoing redevelopment program, anchored by a tenant base and newly signed commitments already in place.

Key Highlights

• 53‑acre shopping destination undergoing major redevelopment
• Redevelopment is shifting the center toward entertainment and service‑driven uses
• Major surrounding national tenants include Target, JCPenney, Kohl’s, Michael’s, and more

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FAQs

What type of property is this?

Shopping center - 53-acre shopping destination redeveloping toward entertainment and service uses with multiple national tenants and new leases.

Where is this shopping center located?

The property is located at 851 W Olive Ave Merced, CA.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: 53‑acre shopping destination undergoing major redevelopment; Redevelopment is shifting the center toward entertainment and service‑driven uses; Major surrounding national tenants include Target, JCPenney, Kohl’s, Michael’s, and more