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942-946 W Main St 3,600 SF 100% Leased Retail Building Merced, CA 95340 $625,000 ($173.61/SF) 4.37% Cap Rate



Executive Summary
Looking for a storefront retail property in Merced with income and flexibility? 942 W Main St offers 3,600 sqft of multi tenant retail space on a 7,500 sqft lot, zoned C C, fully occupied with month to month tenants, creating immediate income with long term upside or owner user potential.
942 W Main St is a centrally located retail asset positioned along W Main St in Merced, offering 3,600 sqft of building area on a 7,500 sqft parcel with parking available in both the front and rear of the property. Built in 1950, the property is currently leased to two established tenants, a vacuum store and a barber shop, generating $27,292 in annual NOI and delivering a 4.37% cap rate at the $625,000 asking price. Both tenants are on month to month agreements, providing a rare opportunity for an investor to reposition rents and increase returns, or for an owner user to occupy one or both units while maintaining supplemental income. Zoned C C, the property supports a variety of commercial uses, making it well suited for retail, service, or specialty business operations. With strong visibility, convenient access, and flexible tenancy structure, this storefront retail property in Merced presents both stability and upside in an established commercial corridor.
942 W Main St is a centrally located retail asset positioned along W Main St in Merced, offering 3,600 sqft of building area on a 7,500 sqft parcel with parking available in both the front and rear of the property. Built in 1950, the property is currently leased to two established tenants, a vacuum store and a barber shop, generating $27,292 in annual NOI and delivering a 4.37% cap rate at the $625,000 asking price. Both tenants are on month to month agreements, providing a rare opportunity for an investor to reposition rents and increase returns, or for an owner user to occupy one or both units while maintaining supplemental income. Zoned C C, the property supports a variety of commercial uses, making it well suited for retail, service, or specialty business operations. With strong visibility, convenient access, and flexible tenancy structure, this storefront retail property in Merced presents both stability and upside in an established commercial corridor.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Building Class
C
Year Built
1950
Price
$625,000
Price Per SF
$173.61
Cap Rate
4.37%
NOI
$27,292
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C-C
Parking
10 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
75’ on W Main St
Walk Score®
Walker's Paradise (91)
Nearby Major Retailers
Property Taxes
| Parcel Number | 031-122-017 | Total Assessment | $154,695 |
| Land Assessment | $73,273 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $81,422 | Tax Year | 2025 |
Property Taxes
Parcel Number
031-122-017
Land Assessment
$73,273
Improvements Assessment
$81,422
Total Assessment
$154,695
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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942-946 W Main St
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