1616 Martin Luther King Jr, Merced, CA 95340
See all 28 photos
1616 Martin Luther King Jr, Merced, CA 95340
1616 Martin Luther King Jr, Merced, CA 95340
1616 Martin Luther King Jr, Merced, CA 95340
1616 Martin Luther King Jr, Merced, CA 95340
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Bryan Powell

Bryan Powell

+1(916) 521-4687
$ 3,500,000
Est. payment /mo
Save
Active

1616 Martin Luther King Jr Merced, CA 95340

0.34 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226019114

HOA Y/N No

Lot Size 0.344 Acres

Acres 0.3444

Property Sub-Type Mixed Use

Source MLS Metrolist

Property 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.

Location

State CA

County Merced

Area 20407

Direction From Hwy 99 Northbound, get off on exit 187B - Martin Luther King Jr. Way and turn right.

Location Details See Remarks

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Exterior

Parking Features Carport

Utilities Available Other

Water Access Desc Public

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 031-154-012-000

Special Listing Condition None

MetroList® Services, Inc
Listed by Keller Williams Merced

NEARBY SCHOOLS & PROPERTIES

Bryan Powell

Bryan Powell

Broker | CA DRE#02003689

+1(916) 521-4687

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Powell Real Estate, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1616 Martin Luther King Jr

QUICK SEARCH
There are 17 quick searches