$3,500,000
( $411.76Per Sq Foot )
 $18,789 est/mo Sourced by Back At You

1616 Martin Luther King Jr,Merced, CA 95340

Merced, CA 95340

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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.

Details

MLS #MC26032589
Listing TypeFor Sale
StyleMixeduse
Building NameDowntown Grubs
Sub-TypeResale
StatusActive
Days On Site213
Listing Provided ByKeller Williams Property Team | Ernesto Ochoa

Features

SQ Feet8,500
Story(s)1
Building(s)2
Acreage1.03

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Lot FeaturesCorner Lot, Rectangular Lot, Street Level

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Area Information

StateCA
CountyMerced
CityMerced
Zip Code95340
Listing VS Median (in 95340)
Price:
$3,500,000
low | high
Med:
$449,450
100% of Average
sqft:
8,500
low | high
Med:
2,113
100% of Average
$ / sqft:
$412
low | high
Med:
$213
98.330283792047% of Average
On site:
213
low | high
Med:
6
100% of Average
Sourced by Back At You

Market Activity 95340

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Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyMerced
CityMerced
Zip Code95340
Listing VS Median (in 95340)
Price:
$3,500,000
low | high
Med:
$449,450
100% of Average
sqft:
8,500
low | high
Med:
2,113
100% of Average
$ / sqft:
$412
low | high
Med:
$213
98.330283792047% of Average
On site:
213
low | high
Med:
6
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.625M - $4.375M
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
40 W 13th Street Property Photo 1
$2,400,000
40 W 13th Street
Merced, CA 95341
1029 Martin Luther King Jr Way Property Photo 1
$1,350,000
1029 Martin Luther King Jr Way
Merced, CA 95341
Listing Updated: August 21, 2026 at 10:48:40 PM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties