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    1626 Martin Luther King Jr Way Merced, CA 95340

    Sponsored
    For Sale
    $479,000

    High-traffic location, two occupied suites.

    Property size:
    2,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    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 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
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Dreams Adult Entertainment Store The Strawberry & Golden Dreams Novelty Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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

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    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.
    (209) 725-7253
    Request Owner's contact information
    1626 Martin Luther King Jr Way Merced, CA 95340
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    Merced, CA 95340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1626 Martin Luther King Jr Way Merced, CA 95340
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