Is there a multi suite office space in Merced with strong income and downtown visibility? Yes — 849 W 18th St offers location, parking, and cash flow, with a current cap rate of 5.61% and a pro forma of 6.6%. Perfect for your next investment. This 4,984 square foot commercial property sits on a 0.334-acre lot and features 5 separate office suites, all zoned Central Commercial. Currently used as office space, the configuration supports owner-use or stable multi-tenant income. A gated parking lot in the back provides added security and convenience. Located just steps from City Hall and Main Street, this property anchors you in the heart of Merced’s revitalizing downtown. Asking $1,000,000, with immediate income potential and future upside, it’s a compelling opportunity in one of the city’s most active business zones.