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1616 Martin Luther King Jr Merced, CA 95340

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For Sale
$3,500,000

Five contiguous parcels totaling 1.03 acres in downtown Merced.

Type:Commercial
Property size:
8,500 SF
Lot size:
1.03 Acres
Added:
Apr 24, 2026
Days on Market:
4
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

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Listing Contact
Ernesto Ochoa

Listing agent Ernesto Ochoa License #01247053

Listing office KELLER WILLIAMS PROPERTY TEAM

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


Overview

Downtown Merced Commercial Portfolio

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

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?
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.
More about this property
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