517 W 23rd
Merced, CA, 95340 $ 725,000
Bedrooms-- Baths-- Sq 4,000 Monthly Estimate*
$ 4,523
Listed by EXP Realty of California, INC
for $725,000. This 4,000 square foot building was built on a lot size of 0.5165.
Unique 4,000 sq.ft. commercial building on a half-acre in Merced’s growing downtown, ideal for medical, wellness, medical spa, dental, optometry, clinical, or professional office use. This versatile property features a private 2-car garage, 20 dedicated parking spaces, gated rear access, off street parking and strong street visibility. The interior includes a welcoming reception and distinctive lobby, two waiting areas (one suitable as a boardroom), five exam rooms, receiving room, two offices, multiple prep and lab areas, a records/admin workspace, retail or open work area, four restrooms total, 19 rooms total, and a private doctor/executive suite with its own entrance, sitting room, and restroom, plus ample storage, mature trees, and multiple exterior entrances. Conveniently located near downtown shops, restaurants, County offices, the post office, Bear Creek, freeway access, and transit routes, this property benefits from Merced’s rapid growth fueled by UC Merced’s expanding student population. Ideal for owner-users seeking a move-in-ready facility or investors looking for value-add potential and cap rate improvement—an exceptional opportunity in a high-visibility, high-demand corridor.
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FeaturesGeneralProperty Subtype Office
County Merced
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Take M Street to W 23rd
City Merced
Lot Size Units Square Feet
Lot Size Square Feet 22500
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Office
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InteriorTotal Stories 1
Laundry Features None
Entry Level 1
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ExteriorLot Features Corner Lot Greenbelt Lawn Landscaped Paved Rectangular Lot Sprinkler System
Water Source Public
Lot Size Area 22500
Building Area Total 4000
Lot Size Acres 0.5165
Lot Size Source Assessor
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* Excluded FeaturesList ByExp Realty Of California, IncBroker
myagentkristine@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,523
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Merced, CA
Average List Price $1,379,469
Percent of Sale Price 90%
About Merced, CA 84,061 Population
29% Since 2002
$ 39,961 Median Income
31.46 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/27/2025 | $725,000 | | Listed Price |