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Listed price in listed location currency (USD).
$3,500,000

000

MLS® 226019114

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 0
MLS® Number 226019114

Property Address: 1616 Martin Luther King Jr Way, Merced, CA, 95340

Average square foot calculated using Size range provided by listing agent.

Description

Prime Downtown Merced Commercial Portfolio - 5 Contiguous C-C Parcels. Rare bulk sale opportunity consisting of five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres. All Fully improved commercial lots with utility hookups in place and precious home of Kentucky Fried Chicken drive through. The hard corner consists of a 15, 000 SF parcel and operates as the established Downtown Grubs'' food truck plaza, generating strong 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 (restrooms, storage, utility sinks). 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, offering flexibility for investors or owner-users. 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. Excellent proximity to Hwy 99 and downtown landmarks such as UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre. Strong existing income with redevelopment and value-add potential in a high-visibility commercial corridor.
MLS® Number226019114
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age0
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$3,500,000List Price
-End Date
Not Sold YetSold Price

For Rent

Mar 6, 2024List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
1616 Martin Luther King Jr Way, Merced, CA

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