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1616 Martin Luther King Jr Merced, CA $ 3,500,000
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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 45,000

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Merced, CA

for $3,500,000. This 45,000 square foot building was built on a lot size of 0.3444.

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

Mixed Use

Lot Size

0.3444

Town/City

Merced

County/Region

Merced

MLS | Web ID

226019114
Features
General
Sewer Public Sewer
Heating See Remarks
Cooling See Remarks
Utilities Other
Roof See Remarks
Construction Materials Concrete
Year Built 0
Electric Separate Electric Meter
Tenant Pays See Remarks
Stories Count 0
Property Subtype Mixed Use
Location See Remarks
Business Type Commercial
County Merced
Property Type Commercial Sale
Building Features See Remarks
Close Price 0.0
Status Active
Directions From Hwy 99 Northbound get off on exit 187B - Martin Luther King Jr. Way and turn right.
City Merced
Zoning Description CC
Number Of Units Total 0
MLS Area 20407
Lot Size Square Feet 15002.0
Year Built Details Unknown
Standard Status Active
Year Built Source Other
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Interior
Flooring See Remarks 0
Office Area 0
Total Stories 0
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Exterior
Parking Features Carport
Water Source Public
Total Parking 0.0
Number of Buildings 0
Building Area Total 45000.0
Lot Size Acres 0.3444
Lot Size Source Assessor Agent-Fill
Parking Ratio 0.0
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Internal Only
Street Number 1 1616
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* Excluded Features
List By
Keller Williams Merced

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
295416 Elementary School
295437 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/18/2026 $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 45,000 sqft and a lot size of 0.3444. The property's zip code is 95340 which is in Merced, CA

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