Downtown Merced Commercial
1616 Martin Luther King Jr Way, Merced, CA 95340
Five contiguous commercial parcels totaling 1.03 acres in downtown Merced.
Type:Land, Mixed Use
Property size:
8,500 SFLot size:
1.03 AcresPrice / SF:
$411/SF- Added:
- Feb 18, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1616 Martin Luther King Jr Way
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 1.03 Acres
- Property subtype
- Land, Mixed Use
Listing agent Ernie Ochoa - CCIM License #01247053
Listing office Keller Williams Property Team (209) 704-7653
Listing date Feb 18, 2026
Source Crexi
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HighLights
- 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.
- Fully improved commercial lots with utility hookups in place.
- Located near major national retailers and downtown landmarks.
- Flexible month‑to‑month leases offering investor or owner‑user options.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
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?
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.
