1616 Martin Luther King Jr Merced, CA $ 3,500,000
1616 Martin Luther King Jr
$ 3,500,000
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1616 Martin Luther King Jr

Merced, CA, 95340
$ 3,500,000
Bedrooms-- Baths-- Sq 8,500

Monthly Estimate*

$ 21,550

Listed by Keller Williams Property Team
1616 Martin Luther King Jr, Merced, CA 95340 - Image 1
1616 Martin Luther King Jr, Merced, CA 95340 - Image 2
1616 Martin Luther King Jr, Merced, CA 95340 - Image 3
1616 Martin Luther King Jr, Merced, CA 95340 - Image 4
1616 Martin Luther King Jr, Merced, CA 95340 - Image 5
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Commercial Property for sale in Merced, CA

for $3,500,000. This 8,500 square foot building was built on a lot size of 1.0331.

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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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.0331

Town/City

Merced

County/Region

Merced

MLS | Web ID

MC26032589

Days on Market

15

Features
General
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Property Subtype Mixed Use
Building Name Downtown Grubs
Additional Parcels Description 031-154-011 031-154-010 031-154-009 031-154-008
County Merced
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions From Hwy 99 Northbound get off on exit 187B - Martin Luther King Jr. Way and turn right.
City Merced
Lot Size Units Square Feet
Lot Size Square Feet 45000
Number of Units Leased 2
Additional Parcels Y/N true
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Lot Features Corner Lot Rectangular Lot Street Level
Water Source Public
Lot Size Area 45000
Number of Buildings 2
Building Area Total 8500
Lot Size Acres 1.0331
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Property Team

Broker

ernieochoa15@gmail.com

Email

Affordability Calculator

$21,550
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$3,500,000 Listed Price

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1616 Martin Luther King Jr, Merced, CA, 95340 is a Commercial Property for sale at $3,500,000 with 8,500 sqft and a lot size of 1.0331. The property's zip code is 95340 which is in Merced, CA