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1626 Martin Luther King Jr Way Merced, CA 95340

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For Sale
$479,000

High-traffic location, two occupied suites.

Property size:
2,800 SF

Property Features for 1626 Martin Luther King Jr Way

General Information

Property type
Other commercial real estate
Square Feet
2,800 SF
Lot Size
6,534 SF

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Listing Contact
Ryan Searcy
Ryan Searcy

Listing Agency: CB Commercial, Select Real Estate Listing Agent: Ryan Searcy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2,800 square foot commercial building presents a compelling investment opportunity in the heart of Merced, California. Strategically situated on Martin Luther King Jr. Way, between 16th Street and Main Street, this property boasts a prime location with high visibility and foot traffic. The 0.15-acre lot includes convenient private parking, a significant advantage in a bustling downtown area. The building is comprised of two separate suites, both currently leased to established businesses. One suite has served as a tavern/barbershop for many years, demonstrating the longevity and stability of the existing tenant base. The other suite houses a retail novelty store. This diverse tenancy stream provides immediate cash flow and a solid foundation for future growth. The property's proximity to the planned high-speed rail station further enhances its long-term potential, promising increased traffic and economic activity in the surrounding area. This is a rare chance to acquire a well-located, income-producing commercial property in a rapidly developing downtown core. The building's strong tenant occupancy and prime location make it an ideal investment for both seasoned and new investors seeking a stable and potentially high-growth opportunity. Serious inquiries only.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Golden Dreams (Bike/Boat/Book/etc) Store The Strawberry & Golden Dreams Discount Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.4804
Latitude
37.29986

FAQs

What type of property is this?
Commercial real estate - High-traffic location, two occupied suites.
Where is this commercial real estate located?
The property is located at 1626 Martin Luther King Jr Way Merced, CA.
What is the asking price?
The asking price for this property is $479,000.
More about this property
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