328 Main St Merced, CA 95340

This exceptional investment opportunity presents a 5,500 square foot, multi-tenant retail building in the heart of downtown Merced, California. The property boasts 100% occupancy with two tenants under NNN leases expiring November 19, 2026, offering a remaining lease term of approximately two years. Located on Main Street, the building enjoys approximately 150 feet of frontage, providing excellent visibility. The property is situated amidst significant redevelopment projects and benefits from proximity to major transportation arteries, including Highway 99 and the planned Valley Rail High-Speed Train Station. The surrounding area includes established businesses such as Joystiq, Regal IMAX, and the El Capitan Hotel, further enhancing its desirability. The property sits on a 7,501 square foot lot, with approximately 2,000 square feet of undeveloped land offering potential for expansion, additional parking, or a landscaped courtyard. The current asking price is $799,000, translating to $145.27 per square foot. Merced's robust growth, fueled by the expanding University of California Merced campus (projected to reach 25,000 students), presents a compelling investment case with significant upside potential for rental income. The property's Class B designation and C-C zoning further contribute to its appeal. This is a rare opportunity to acquire a well-positioned, multi-tenant retail property in a thriving California market. The APN is 031-152-007.