1616 Martin Luther King Jr, Merced, CA 95340
- $3,500,000
- List Price
- $3,500,000
- MLS#
- 226019114
- Status
- ACTIVE
- Type
- Single Family Residential
- Zip
- 95340
- City
- Merced
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.
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Additional Information
- Land Area (Acres)
- 0.34440000000000004
- Subtype
- Mixed Use
- Construction
- Concrete
- Garage
- Carport
- Floor Coverings
- See Remarks
- Cooling
- See Remarks
- Heat
- See Remarks
- Water
- Public
- Utilities
- Other
- Sewer
- Public Sewer
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Listing courtesy of Keller Williams Merced.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .