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602 W 20th St

Merced, CA 95340

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$1,999,000

7,169 sq ft

602 W 20th St

Merced, CA 95340

Listed On: 10/19/2026
Status: Active
Listing Number: MC26220285 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Ernesto Ochoa, Keller Williams Property Team

Prime Downtown Merced Investment Opportunity! This recently renovated 7,169± SF professional office building offers an exceptional combination of modern improvements, established tenancy, and a long-term investment potential. Extensive upgrades include new exterior stucco and paint, new signage, a new roof, new HVAC units, new windows/doors, updated electrical, and fully renovated tenant spaces. The property features three established tenants secured by long-term NNN leases, with options to extend and annual rent escalations. Ideally located within walking distance of the Merced County Courts, and the County Administrative Building. Nearby landmarks include Merced City Hall, the UC Merced Administrative Building, the Merced College Business Resource Center, the El Capitan Hotel and numerous fine dining establishments. Offered at a 6.2% capitalization rate, this turnkey, low-management investment presents an attractive opportunity for investors seeking stable income and long-term growth in the heart of downtown Merced.
Property Type
Commercial Sale
Property Sub Type
Office
Asset Class
Office
Year Built
1957
Special Listing Conditions
Standard
Stories Total
2
Current Use Comments
3 Tenants
Number Of Buildings
1
Number Of Units Total
3
Entry Level
1
Building Status
Under Construction
Price Per Square Foot
$279
Days On London
0
County Or Parish
Merced
Investment Property Y/N
Yes
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
On the corner of M St and 20th St
Sign On Property Y/N
No
Building Features
Elevators
Heating
Central
Cooling
Central Air
Laundry Features
None
Signage
Sign on Building
Office Class
A
Roof
Flat
Water Source
Public
Condo Area Units
Square Feet
Office Square Footage
7169
Largest Contigious Square Footage
3223
Total Building NRA
7169
Parking Total
15.00
Uncovered Spaces
15.00
Parking Ratio
2.00
Land Use
Office
Common Interest
None
Parcel Number
031053012000
Additional Parcels Y/N
No
Zoning
C-C
Number Of Units Leased
3
Operating Expense
33229.00
Expense Year
2026
Insurance Expense
4526.00
Water Sewer Expense
3600.00
Real Estate Tax Expense
22943.00
Other Expense
2160.00
Gross Scheduled Income
141672.00
Other Income 1
16125.00
Net Operating Income
124568.00
Operating Expense
33229.00
Net Operating Income
124568.00
Cap Rate
6.20

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.