1616 Martin Luther King Jr, Merced, CA 95340
1616 Martin Luther King Jr, Merced, CA 95340
1616 Martin Luther King Jr, Merced, CA 95340
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$3,500,000
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0.34 Acres Lot
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1616 Martin Luther King Jr Merced, CA 95340

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C Ray Brower

C Ray Brower

+1(209) 418-0238

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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

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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1616 Martin Luther King Jr