Downtown Merced Investment
1626 Martin Luther King Jr Way, Merced, CA 95340
For Sale
$450,000
2,800 SF commercial building in downtown Merced for sale.
Property Size2,800 SF
Lot Size0.15 Acres
Price / SF$160.71
Days on Market727
Property Features for 1626 Martin Luther King Jr Way
General Information
Standard status
Size
Lot size
Property subtype
Amenities
Composition Roof
Near Public Transit
No Landscaping
Walkstreet
Listing Agency:
CB COMMERCIAL, SELECT REAL ESTATE
(209) 725-7253
Listed By:
RYAN SEARCY · License CA #02044301
(209) 777-5477
Source:
Corcoran
Added: Nov 18, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:11AM
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 CB COMMERCIAL, SELECT REAL ESTATE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in downtown Merced on Martin Luther King Jr. Way, this 2,800 SF commercial building presents an investment opportunity. Situated between 16th St. and Main St., the property features a prime location and private parking. The building is divided into two suites, both of which are currently occupied. One suite has operated as a tavern and barbershop for several decades, while the other suite is occupied by a retail novelty store. The property's location and existing tenant base offer potential for various business uses.
Key Highlights
- Prime downtown Merced location on MLK JR. Way.
- 2,800 SF commercial building.
- Investment opportunity with two currently occupied suites.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,046
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 95340, CA
38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Merced County, CA
Properties on Market for Storefront properties in Merced County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- KC Floral Co — 1723 N St, Merced, CA 95340
- Send Funeral Flowers Merced — 608 W Main St, Merced, CA 95340
- The Flower Shop — 1730 Martin Luther King Jr Way, Merced, CA 95341
- Aloha Floral — 2832 G St, Merced, CA 95340
Frequently Asked Questions
What type of property is this?
Storefront property - 2,800 SF commercial building in downtown Merced for sale.
Where is this storefront property 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 $450,000.
What are key features of this property?
This property features: Prime downtown Merced location on MLK JR. Way.; 2,800 SF commercial building.; Investment opportunity with two currently occupied suites.
