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

Merced, CA, 95340
$ 3,500,000
Baths0.0

Monthly Estimate*

$ 21,550

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
Studio

Lots and Land for sale in Merced, CA

for $3,500,000. The lot size is 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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Lots and Land Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Commercial Lot

Lot Size

0.3444

Town/City

Merced

County/Region

Merced

MLS | Web ID

226017488
Features
General
Sewer Public Sewer
Utilities See Remarks
Development Status None
Zoning CC
HOA Fee 0
Crops None
Topography Level
Property Subtype Commercial Lot
Current Use Commercial
Elevation 0
County Merced
Property Type Land
HOA N
Possible Use Commercial
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
High School District Merced Union High
Zoning Description Commercial
MLS Area 20407
Lot Size Square Feet 15002.0
Standard Status Active
Middle/Junior School District Merced City
Elementary School District Merced City
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Exterior
Vegetation None
Lot Features Corner
Water Source Public
Total Parking 0.0
Lot Size Acres 0.3444
Lot Size Source Assessor Auto-Fill
Road Frontage Type City Street
Number of Lots 0
Horse Y/N N
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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
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Monthly Home Insurance
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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
3193768 Elementary School
3193616 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
2/14/2026 $3,500,000 Listed Price

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1616 Martin Luther King Jr, Merced, CA, 95340 is a Lots and Land for sale at $3,500,000 with a lot size of 0.3444. 1616 Martin Luther King Jr is a studio with 0.0 baths. The property's zip code is 95340 which is in Merced, CA

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