Looking for a stabilized retail investment in Downtown Merced with solid income and strong tenant demand? 32 W Main St is a 3,320 square foot multi tenant retail property offering four small suites, $3,400 in monthly gross rent, $31,477 annual NOI, and a 6% cap rate at a $525,000 list price. This C-C zoned retail building sits on 0.17 acres in the heart of Downtown Merced, directly on Main St and just steps from G St. The location supports consistent foot traffic and visibility, making it a desirable setting for small retail and service businesses. The four suite configuration helps keep vacancy low due to high demand for smaller spaces, creating diversified income and reduced exposure compared to single tenant assets. With in place income, stable performance, and a competitive entry price, this property presents a compelling opportunity for investors seeking dependable cash flow in a central commercial corridor. Positioned in one of Merced’s most established retail zones, this asset combines location strength, manageable size, and strong fundamentals for both new and seasoned investors. Reach out for full financials or to arrange a private tour.