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1616 Martin Luther King Jr Way Merced, CA 95340

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For Sale
$3,500,000

Five contiguous commercial parcels totaling 1.03 acres in downtown Merced.

Lot size:
8,500.00 Acres

Property Features for 1616 Martin Luther King Jr Way

General Information

Standard status
Active
Zoning
C-C
Lot size
8,500.00 Acres

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Listing Contact
Ernie Ochoa - Ccim
Ernie Ochoa - Ccim
Source: Crexi

Listing Agency: Keller Williams Property Team Listing Agent: Ernie Ochoa - Ccim

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

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Overview

Downtown Merced Commercial Portfolio

This commercial portfolio in downtown Merced comprises five contiguous Central Commercial (C-C) zoned parcels, totaling approximately 1.03 acres. The fully improved commercial lots have utility hookups. One parcel includes a Kentucky Fried Chicken drive-through. The hard corner, a 15,000-square-foot 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-square-foot retail building currently supporting food truck operations with restrooms, storage, and utility sinks, and a 6,000-square-foot retail warehouse leased to an antique and collectibles dealer at $4,125 per month gross. All tenants are on month-to-month leases. The property is located within walking distance of downtown Merced and near major national retailers, including Chick-fil-A, Starbucks, In-N-Out, Popeyes, and Taco Bell. It offers proximity to Highway 99 and downtown landmarks such as the UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre. The property offers existing income with redevelopment and value-add potential in a high-visibility commercial corridor.
Location Intelligence

Current Use by Public Records

Commercial land

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

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  • Local Demand
City
Merced
County
Merced
State
California
Longitude
-120.4804778
Latitude
37.2995085

FAQs

What type of property is this?
Commercial land - Five contiguous commercial parcels totaling 1.03 acres in downtown Merced.
Where is this commercial land located?
The property is located at 1616 Martin Luther King Jr Way 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 Downtown Grubs food truck plaza and an antique dealer.; - High-visibility commercial corridor with redevelopment and value-add potential.
More about this property
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