1616 Martin Luther King Jr Way Merced, CA 95340
Property Features for 1616 Martin Luther King Jr Way
General Information
- Property type
- Restaurants
- Lease Type
- Gross Lease
- RSF (Rentable sq. ft)
- 15,000 SF
- Total Rate
- 24750
Spaces For Lease
at 1616 Martin Luther King Jr Way, Merced, CA 95340 Contact us- Unit Available Space 1 - 602
- Size
$19 /Mo
- Unit Available Space 2 - 635
- Size
- 15,000 SF
$21 /Mo
Listing Agent: Ernie Ochoa - Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 45,000 square foot lot (1.033 acres) presents a unique build-to-suit opportunity in the heart of Downtown Merced. Located on the highly visible, signalized corner of Martin Luther King Jr. Way and 16th Street, this C-C zoned property (APN: 031154012000; 031-154-011,031-154-010,031-154-009,031-154-008) offers 15,000 square feet of potential retail space. The site, previously occupied by Kentucky Fried Chicken, benefits from its proximity to major thoroughfares, including a Highway 99 on/off ramp just three blocks away. Nearby establishments include In-N-Out Burger and a planned Chick-fil-A, further enhancing its desirability. The property's location near the proposed Merced High-Speed Rail Station adds significant long-term value. This thriving downtown area is home to local government offices, cultural attractions, restaurants, and professional businesses, ensuring a robust customer base. The current owner is offering a long-term lease commitment to a tenant willing to build on the site. This is a rare chance to establish a presence in a rapidly developing and dynamic downtown core. The minimum buildable space is 15,000 square feet, making it ideal for a variety of commercial uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.4804241
- Latitude
- 37.2995786
Nearby Similar for Lease
FAQs
What type of property is this?
Restaurant - Prime Commercial Land, Build-to-Suit Available
Where is this restaurant located?
The property is located at 1616 Martin Luther King Jr Way Merced, CA.
What is the lease rate?
The lease rate is $19-$21 SF/Yr.
What are key features of this property?
This property features: Retail, Land, and Restaurant property totaling 15,000 square feet.; Multiple tenancies available.; 1.033 acres (45,000 square feet) lot size.