The median home value in Merced, CA is $400,000.
This is
higher than
the county median home value of $363,000.
The national median home value is $308,980.
The average price of homes sold in Merced, CA is $400,000.
Approximately 41% of Merced homes are owned,
compared to 51% rented, while
8% are vacant.
Merced real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Merced real estate agent to arrange a tour today!
Learn more about Merced.
Unlock the potential of this highly visible commercial property located along one of Merced's primary business corridors. Situated on Main Street with excellent street frontage, strong traffic exposure, and convenient access to major thoroughfares, this property offers a rare opportunity for investors, developers, and owner-users seeking a strategic location in the heart of Merced. The site features a prominent corner presence with existing parking and substantial lot area, making it well-suited for redevelopment or a variety of commercial uses (subject to city approval). Surrounded by established businesses, industrial operations, retail services, and growing commercial activity, the property benefits from strong visibility and easy customer access. Its central location places it just minutes from Downtown Merced, Highway 99, and key regional destinations, providing excellent connectivity for employees, customers, and vendors alike.
Prime Downtown Commercial Property Excellent Location with High Visibility and Daily Traffic Exposure Please respect the existing tenants. There are three retail spaces on the ground floor. Two are currently leased, and one is being kept vacant for a future owner who may wish to operate their own business. The upper floor offers substantial office space and would benefit from renovations or upgrades. The building includes a full basement. The property is conveniently located near City Hall, the local college, and the El Capitan Hotel. This property offers strong potential for both investors and owner-users seeking a prominent downtown location
**1450 W Main St, Merced, CA 95340** Opportunity to acquire both a fully operational automotive repair business and the underlying commercial real estate. Located on approximately **0.66 acres**, this turnkey automotive facility is equipped with extensive infrastructure, equipment, and improvements that allow a new owner to begin operations immediately. The property features: * Multiple service bays * Office/reception area * Large paved yard * Secure storage * Ample customer, inventory, and fleet parking * Flexible lot configuration for automotive repair, fleet service, vehicle sales, towing, equipment storage, and other automotive-related uses The shop includes: * 2 above-ground lifts * 500-gallon built-in compressor * 240-amp electrical service * Three 3-phase breakers * Automatic LED lighting throughout * Security camera system * 2 oversized storage sheds with built-in alarm systems * Built-in 50-gallon oil storage container with air pump-out system * Waste oil recycling tanks * Tire changer * Tire balancer * Press * Work tables * Lathe * Extensive automotive equipment and infrastructure **Additional Potential Uses** The property's large lot and layout may be well-suited for an automotive dealership operation, with the potential to accommodate approximately **100+ vehicles** (buyer to verify capacity and permitted use). The existing operation also presents an opportunity for expansion into an **auto body and collision repair facility**. A future owner may explore obtaining the necessary permits and approvals to upgrade the property for paint and body shop operations, subject to city, county, and regulatory requirements. This versatile property offers a rare opportunity for an owner-user, investor, mechanic, dealership operator, fleet company, towing business, or automotive entrepreneur seeking a fully equipped facility with substantial yard space and long-term growth potential.
Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26094181, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The same tenant has been leasing this for many years! Buyer to investigate and verify all information with appropriate municipalities.
Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26095315, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The tenant in the home has been renting the property for many years. Buyer to investigate and verify all information with appropriate municipalities.
Positioned in the heart of Merced, 345 W 18th offers the perfect location in the active and evolving downtown corridor. Its strategic location places it within close proximity to established businesses, government offices, dining, pedestrian traffic and high volume of City Parking immediately surrounding the property. Spanning 14,381 square feet with the potential to create multiple suites allows for a wide range of possibilities for investors and owner users. Please see brochure for additional information
Presenting a rare and exceptional investment opportunity known as Grandma's Antiques, ideally situated along Highway 140 - famously recognized as the Gateway to Yosemite and one of Merced's most heavily traveled and highly visible corridors. Set on nearly one acre, this unique property features six separate buildings that have supported a long-standing antiques business, offering both character and versatility for a wide range of commercial or mixed-use possibilities. The main structure is a 2,115 square foot three-bedroom, one-bath home that can easily transition into professional office space or continue as residential use. It is equipped with an ADA ramp and designated parking, enhancing accessibility and convenience. Beneath the home is an approximately 160 square foot unfinished basement, ideal for storage or future improvement. Additional structures include a 1,176 square foot building with an ADA-compliant bathroom, an 800 square foot three-car garage, two expansive 1,800 square foot buildings each with bathrooms, and a 2,100 square foot metal building featuring a bathroom and two roll-up doors for flexible access, vehicle parking, shop, etc. Most buildings are outfitted with HVAC systems, with the exception of the garage and metal structure. Altogether, the property offers approximately 9,951 square feet of usable space. The grounds are well-maintained with landscaping and an automated sprinkler system, while security features include a gated entrance, video surveillance, and an alarm system for peace of mind. Zoned C-2, this property opens the door to a wide array of commercial uses and redevelopment potential. Its prime location along a high-traffic corridor ensures maximum visibility and exposure, making it an outstanding opportunity for investors, business owners, or developers looking to capitalize on a strategic and flexible property in a growing area.
Formerly used as a grocery warehouse / distribution facility. Roughly 249,511 SF of Bldgs on 61.76 fenced acres (2 parcels) zoned M-2 in the County. There are several acres of pavment for large trucks and employee parking. Lots of excess acreage on which to build new buildings and/or do industrial outdoor storage. Very competitvely priced FOR SALE for $15,800,000 or FOR LEASE for $.45 / SF NNN. Has roughly 132,453 SF of 'dry' warehousing + 94,008 SF of refrigerated warehousing (30 to 45 degrees) + 23,049 of Freezer space with a heated floor (-10 to 45 degrees). Refrigeration equipment may need some maintenance and repairs. Located adjacent to and visible from Hwy. 99. Easily accessable via the adjacent Mission Avenue-Campus Parkway Interchange. Clear heights vary from 15' to 35'. There are 37 dock high doors plus 8 grade level doors. There are 3 electrical services (2 MID + 1 PG & E). The primary service is provided by MID and is 8,000 AMP 480-277 3-Phase 4 wire. MID transformer can provide 2 MegaWatts of power. MID electricity is reputedly 50% less than the cost of PG & E electricity so this is a great opportunity for a company that needs a substantial amount of power.
Prime commercial office opportunity located at 3183 Collins Dr in Merced, CA. This professional office building offers approximately 4,550 square feet of space on a 7,152 square foot parcel and was built in 1990 with P-D zoning. The property includes five separate office suites, creating a flexible layout suitable for investors or owner users seeking income with upside potential. One suite is currently vacant, providing immediate opportunity for an owner user or the ability to lease at current market rates. One suite is occupied by a long term tenant, offering stability and consistent income. The remaining suites are currently operating on month to month lease agreements, giving a new owner the flexibility to reposition rents, renegotiate lease terms, or adjust the tenant mix to increase the property's cap rate over time. This versatile tenancy structure allows multiple ownership strategies including stabilizing the property as an income producing asset, increasing rental income through market rate leasing, or occupying part of the building while maintaining revenue from other suites. The layout of multiple suites also supports a variety of professional office uses including administrative offices, medical related services, consulting firms, or other professional businesses. Positioned within a professional office corridor in Merced, the property benefits from its location within an established commercial area surrounded by other professional services and business activity. The configuration, flexible leases, and vacant suite make this property particularly attractive for buyers seeking a combination of current income and value add potential.
Prime Downtown Merced Commercial Portfolio - 5 Contiguous C-C Parcels. Rare bulk sale opportunity consisting of five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres. All Fully improved commercial lots with utility hookups in place and precious home of Kentucky Fried Chicken drive through. The hard corner consists of a 15,000 SF parcel and operates as the established Downtown Grubs food truck plaza, generating strong foot traffic with potential gross rents of approximately $15,000 per month. Improvements include: a 2,500 SF retail building currently supporting food truck operations (restrooms, storage, utility sinks). A 6,000 SF retail warehouse leased to an antique & collectibles dealer at $4,125/month gross. All tenants are on month-to-month leases, offering flexibility for investors or owner-users. Located within walking distance to Downtown Merced and near major national retailers including Chick-fil-A (new site), Starbucks, In-N-Out, Popeyes, and Taco Bell. Excellent proximity to Hwy 99 and downtown landmarks such as UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre. Strong existing income with redevelopment and value-add potential in a high-visibility commercial corridor.
Location, location, location! This prime, high-visibility corner lot is situated on one of Merced's main and busiest streets, an opportunity that doesn't get better than this. Zoned C-O, the property features an existing 2 bed, 1 bath home with 1,184 sqft, which can also be used as an office. Situated on a generous 22,500 sq. ft. (0.52-acre) lot. Both parcels to be sold together: APNs 030-093-010-000 and 030-093-009-000.
Prime commercial property on CA-140 offering excellent visibility and daily traffic exposure. Fully fenced and improved with a warehouse, this versatile site is ideal for businesses that rely on strong roadside presence. The spacious lot provides ample room for vehicle parking or inventory, while the warehouse offers flexible space for office use, operations, and storage. GPS has the property address as 3722 CA-140 but sign will be in the front of property.
Turnkey industrial commercial property features two large warehouse buildings equipped with sprinkler systems and ADA bathrooms, situated on a 1.67 acre parcel. Unit 107 is 9,000 sq ft with multiple offices, a conference room, storage rooms, 2 open office areas for cubicles and desks, kitchen, multiple bathrooms, good sized warehouse area and 4 large roll-up doors. Equipped with 400 amps, 208 volts and a 3-phase panel. Unit 115 is 16,000 sq ft of open warehouse with 3 large roll-up doors, two good sized bathrooms and a strong electrical infrastructure (2000 amps, 480 volts, 3-phase panel) and (800 amps, 208 volts, 3-phase panel) suitable for a variety of industrial and commercial uses (multiple meters). The property's layout, power capacity, and location make it well suited for owner-users, investors, or multi-tenant industrial operations. Located in an established industrial area with convenient freeway access.
This 8.51-acre gross (7.66-acre net) site in North Merced, at 1250 W. Cardella Road, is fully entitled to a 160-unit apartment complex, or roughly 18 units per acre. On December 17, 2025, the City of Merced granted the project's Conditional Use Permit, significantly lowering the risk of entitlement and timing. With 276 parking spots, guarded entry, and compliant emergency access, the preliminary site plan shows effective land use with a balanced unit mix among two- and three-story buildings. A clubhouse, swimming pool, dog park, and open green space are just a few of the planned facilities that improve long-term asset value and tenant appeal. The project is well-positioned to take advantage of ongoing residential demand in a developing North Merced submarket.
Just under 200,000 SF of buildings on 22.3 acres of which 8.27+/- acres are excess buildable land on which to build additional buildings. Gross Scheduled rent as of 1-1-26 was $133,606.68 /month = $ 1,603,280.00 / year. Bldg. A consists of a modern and attractive standalone 7,126 SF office building + a new (built 2021) 2,400 SF metal shop bldg. Leased on a modified gross basis thru 2028 with multiple 5-year renewals. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$ 1,039.50 CAMs). COLAs @ January based on CPI but never less than 3% or greater than 8%. Bldg. B is a 15,540 SF standalone fully sprinklered bldg. with a 240 SF office and has 22' clear height and 8 roll-up doors (4@ on east and west sides of Bldg.). Tenant pays $12,508.84 / month ($10,810.37 Base Rent+ $1,698.47 NNNs). Bldg. C is a 70,902 SF fully sprinklered metal bldg. with 3,400+/- SF of offices,restrooms and breakroom, 8 recessed truck docks, 3,000 AMP electrical service provided by MID (Merced Irrigation District) which is reputedly 50% less than PG & E . Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs) and lease expires 6-30-29 but Tenant would like to get out of the lease either via a sub-lease or a full assignment / assumption of lease. Bldg. D is a fully spinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electrical service provided by MID. Has 2 x 12,544+/- SF refrigerated walk-in boxes that can maintain a 40 degree temperature. Bldg. D, 98,239+/-, became vacant on 3-1-26 and is available for lease along with Bldg. C, 70,902 SF (Both combined are 169,141 SF). Prior Tenant was paying $63,855 gross / month ($.65/SF) . Owner occupies 5,240 SF sprinklered metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at $3,406 / month ($.65/SF). Owner has just spent $1M+/- to flood proof buildings C and D and spent another $1M+/- to install solar panels on the south facing roofs of Bldgs. C & D (generates average of 750+/- KW /month and is tied to meter in Bldg. D). Solar panels included in the sale at no additonal charge. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue. OWNER WILL CONSIDER CARRYING WITH 30% DOWN AT 6.5% INTEREST ONLY FOR 10 YEARS!
Prime Professional Office Space with Exceptional Visibility! Take advantage of this outstanding opportunity to lease or purchase a well-appointed medical or professional office located on a high-traffic arterial street, offering excellent exposure and easy accessibility for both clients and staff. This thoughtfully designed office condo features a welcoming reception area and comfortable waiting room, creating a professional first impression. The efficient layout includes five private offices, a dedicated doctor's office, three procedure rooms, six patient rooms, and both a nurse's station and private nurse's office - making it ideal for medical, wellness, or professional service use. Additional highlights include: Convenient patient and employee restrooms Spacious breakroom for staff comfort Ample storage for organization and functionality Flexible layout currently accommodating a hearing aid practice with additional office space With ample parking and a highly visible location, this space is perfectly suited for growing practices or established professionals looking to expand or relocate. Position your business for success in a location that offers both functionality and exposure.
Exceptional investment opportunity located on one of Merced's busiest and most visible corridors. The Gateway Motel offers consistent cash flow, strong tenant demand, and excellent long-term upside potential. The Gateway Motel features 22 rooms plus an office, with 21 units currently rented between $800-$1,200 per month. This income-producing property includes a 15x11 studio, 10 storage rooms, and 2x2 garages. Enjoy peace of mind with new roofs, newer dual-pane windows, and ample parking along one of Merced's busiest, high-visibility streets, offering steady traffic and excellent exposure for continued occupancy. Located near downtown Merced, shopping, dining, and just minutes from UC Merced, this is an unbeatable opportunity to own a well-positioned and income-generating property in one of the city's most active corridors.
Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal.
Own Half The Block!2510 M Street, 557 W 25th Street & 543 W 25th Street - Merced, CAThree Contiguous Parcels - Offered Together at $699,000First time on the market in over half a century. Seize a rare opportunity to own half a downtown block along one of Merced's most important arteries - M Street. This location offers unmatched visibility and accessibility with direct access to Downtown Merced, the Merced Police Department, Merced County Courthouse, and other key civic and business destinations. The property is located within a designated Opportunity Zone, offering significant tax incentives for qualifying investors.
Fantastic investment opportunity in downtown Merced! Standing between 16th St. and Main St., directly on MLK JR. Way, this 2,800 SF commercial building features a prime location, private parking, and two suites- both currently occupied. The suite on the left has been a tavern/barbershop for decades and the suite on the right is a retail novelty store. The potential for this parcel can not be underestimated! Please do not disturb the tenants. Call the listing agent for an appointment to tour the suites. Thank you.
Office space located in a highly desirable area of North Merced! Selling 2 suites, on Yosemite Ave with lots of traffic, close to the hospital and restaurants. There is also plenty of parking located on the lot! Perfect for a medical office!
Concrete Tilt Up Building 20,000 SF split into 3 units (approx. 6,667 SF Each). Current Tenancy is short term. Ideal for owner user or new investor owner to lease each suite at market rates of $0.75 psf per month NNN. Prime Industrial Real Estate at entrance to Merced Regional Airport. Please see brochure for additional information.
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