Browse All Merced CA Between $900K - $1M Properties for Sale

Unique commercial opportunity in the heart of Merced. The Ivers and Alcorn Funeral Home, located on Main Street, is situated on two parcels and has exceptional versatility. The main building features a large chapel area, private offices, upstairs living quarters, a partial basement, and a spacious garage with an attached warehouse area. The third parcel, located directly across the street, provides approximately 15,000 square feet of off-street parking. This property is well-suited for continued use as a funeral home or can be repurposed for a church, school, event center, or community gathering space (buyer to verify permitted uses with city). Don’t miss this rare opportunity to own a prominent corner location with ample space, visibility, and potential.

901 W Main Street, Merced

$975,000

2 Beds ⋅ 2 Baths ⋅ MC26111129 MLS ⋅ Active Status

An extraordinary Merced property hidden in the heart of Merced offers a rare opportunity to own one of the area’s most distinctive hideaway with iconic architectural presence. Originally built in 1952 and artfully redesigned using repurposed treasures from throughout California, this one-of-a-kind residence tells a story of craftsmanship, creativity, and timeless character. Offering 2,609 sq ft with 2 bedrooms, 2 baths, spacious living areas, and a generous 15,762 sq ft lot, the home was designed to capture beauty from both inside and out. Breathtaking creekside views from inside and out, privacy, and architectural presence create a setting that feels truly unforgettable. The vacant creekside yard area adds remarkable potential, with another stairway leading toward Bear Creek and open space ideal for entertaining, outdoor living, gardens, quiet reflection, or future vision, a true zen space. This is more than a property. It is a legacy opportunity with endless possibilities for the next owner to continue the story and make it their own private retreat.

2021 W, Merced

$989,000

MC26099037 MLS ⋅ Active Status

Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.

3411 Baker, Merced

$975,000

MC26048254 MLS ⋅ Active Status

Prime commercial office opportunity located at 3183 Collins Dr in Merced, CA. This professional office building offers approximately 4,550 square feet of space on a 7,152 square foot parcel and was built in 1990 with P-D zoning. The property includes five separate office suites, creating a flexible layout suitable for investors or owner users seeking income with upside potential. One suite is currently vacant, providing immediate opportunity for an owner user or the ability to lease at current market rates. One suite is occupied by a long term tenant, offering stability and consistent income. The remaining suites are currently operating on month to month lease agreements, giving a new owner the flexibility to reposition rents, renegotiate lease terms, or adjust the tenant mix to increase the property's cap rate over time. This versatile tenancy structure allows multiple ownership strategies including stabilizing the property as an income producing asset, increasing rental income through market rate leasing, or occupying part of the building while maintaining revenue from other suites. The layout of multiple suites also supports a variety of professional office uses including administrative offices, medical related services, consulting firms, or other professional businesses. Positioned within a professional office corridor in Merced, the property benefits from its location within an established commercial area surrounded by other professional services and business activity. The configuration, flexible leases, and vacant suite make this property particularly attractive for buyers seeking a combination of current income and value add potential.

3183 Collins, Merced

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.

Between $900K - $1M Merced Real Estate

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