Three contiguous commercial parcels totaling 22,500 SF (0.52 acre) on M Street in Merced, offered together at $649,000 - or individually at $375,000, $175,000 and $175,000. THE ASSEMBLAGE 2510 M Street (APN 030-101-012-000) - 900+/- SF commercial building, built 1957, on a 7,500 SF hard corner with signage exposure on M Street. $375,000. 557 W 25th Street (APN 030-101-011-000) - house with a separate apartment on a 7,500 SF lot, producing income today. $175,000. 543 W 25th Street (APN 030-101-010-000) - unimproved 7,500 SF lot, ready to build. No demolition, no tenant relocation, no abatement. $175,000. ZONING AND PERMITTED USE All three parcels are zoned C-O (Office Commercial) under the Merced Municipal Code. Medical and dental clinics, professional, business and government offices, and instructional uses are permitted by right. Restaurants including drive-through concepts, child care and hotels are available with a conditional use permit. Height limit 40 feet. LOCATION Two blocks from the Merced County Courthouse and the Merced Police Department, half a mile from Downtown Merced, one mile from the Merced Amtrak station and the future California High-Speed Rail station, and seven miles from UC Merced, which reached a record 9,647 students in fall 2026. Walk Score 85. OPPORTUNITY ZONE All three parcels sit within a federally designated Opportunity Zone. A buyer rolling capital gains into the site can defer tax on those gains and, after a ten-year hold, exclude appreciation on the new investment. Buyers should confirm current program rules with their tax advisor. WHY IT TRADES The individual parcel prices total $725,000, so the $649,000 package price rewards a buyer who takes the entire block, while allowing owner-users and smaller investors to acquire a single parcel. First time on the market in over half a century. Buyer to verify zoning, permitted uses, square footage and all development feasibility with the City of Merced.