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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Lance McHan

Lance McHan

+1(209) 986-9292
$3,500,000
Est. payment /mo
15,002 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226017488

HOA Y/N No

Lot Size 15002.000 Acres

Acres 0.3444

Property Sub-Type Commercial Lot

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

Zoning CC

Direction From Hwy 99 Northbound, get off on exit 187B - Martin Luther King Jr. Way and turn right.

Exterior

Utilities Available See Remarks

Water Access Desc Public

Topography Level

Road Frontage City Street

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 031-154-012-000

Special Listing Condition None

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MetroList® Services, Inc
Listed by Keller Williams Merced

Nearby School & Business

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Lance McHan

Lance McHan

+1(209) 986-9292

Broker Associate | License ID: 01987449

Broker Associate License ID: 01987449

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