Downtown Merced Commercial
1616 Martin Luther King Jr, Merced, CA 95340
Five contiguous parcels totaling 1.03 acres in downtown Merced.
Type:Commercial
Property size:
8,500 SFLot size:
1.03 AcresPrice / SF:
$411/SF- Added:
- Apr 24, 2026
- Days on Market:
- 40
- Last Refresh:
- Apr 24 at 5:40 pm
Property Features for 1616 Martin Luther King Jr
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 1.03 Acres
- Property subtype
- Commercial
Listing agent Ernesto Ochoa License #01247053 (209) 500-4663
Listing office KELLER WILLIAMS PROPERTY TEAM (209) 500-4663
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS PROPERTY TEAM
HighLights
- Prime downtown location with 1.03 acres across 5 contiguous C‑C zoned parcels.
- Strong existing income from established tenants, including a food truck plaza generating approximately $15,000/month.
- Fully improved commercial lots with existing utility hookups.
- Month‑to‑month leases offer flexibility for investors or owner‑users.
- Excellent proximity to Hwy 99, UC Merced Downtown Campus Center, and other downtown landmarks.
- Located near major national retailers like Chick‑fil‑A, Starbucks, and In‑N‑Out.
Overview
This commercial portfolio features five contiguous Central Commercial (C-C) zoned parcels, totaling approximately 1.03 acres. The fully improved commercial lots have utility hookups. One parcel is home to a Kentucky Fried Chicken drive-through. The hard corner, a 15,000 SF parcel, operates as the established “Downtown Grubs” food truck plaza, generating foot traffic with potential gross rents of approximately $15,000 per month. Improvements include a ±2,500 SF retail building currently supporting food truck operations with restrooms, storage, and utility sinks, and a ±6,000 SF retail warehouse leased to an antique & collectibles dealer at $4,125/month gross. All tenants are on month-to-month leases. The property is located within walking distance to Downtown Merced and near major national retailers including Chick-fil-A (new site), Starbucks, In-N-Out, Popeyes, and Taco Bell. It offers proximity to Hwy 99 and downtown landmarks such as UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre. The location has a bike score of 79, indicating it is very bikeable, and a walk score of 63, indicating it is somewhat walkable. The property offers redevelopment and value-add potential in a high-visibility commercial corridor.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.4804778
- Latitude
- 37.2995085
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Five contiguous parcels totaling 1.03 acres in downtown Merced.
Where is this retail space located?
The property is located at 1616 Martin Luther King Jr Merced, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime downtown location with 1.03 acres across 5 contiguous C‑C zoned parcels.; Strong existing income from established tenants, including a food truck plaza generating approximately $15,000/month.; Fully improved commercial lots with existing utility hookups.
