$1,999,000
602 W 20th Street
Merced, CA 95340
1957
Year Built
Merced
County
Office
Property Type
About this home
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 Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$10,640/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:15 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.