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1616 Martin Luther King Jr

Merced, CA 95340

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$3,500,000

8,500 sq ft

1616 Martin Luther King Jr

Merced, CA 95340

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Listed On: 02/12/2026
Status: Active
Listing Number: MC26032589 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Ernesto Ochoa, Keller Williams Property Team

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.
Property Type
Commercial Sale
Property Sub Type
Mixed Use
Asset Class
Retail
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
2
Entry Level
1
Building Status
Existing
Price Per Square Foot
$412
Days On London
12
County Or Parish
Merced
Investment Property Y/N
Yes
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
From Hwy 99 Northbound, get off on exit 187B - Martin Luther King Jr. Way and turn right.
Sign On Property Y/N
Yes
Building Name
Downtown Grubs
Heating
Central
Cooling
Central Air
Laundry Features
None
Signage
Sign Freestanding
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Condo Area Units
Square Feet
Largest Contigious Square Footage
6000
Land Use
Retail
Common Interest
None
Parcel Number
031154012000
Additional Parcels Y/N
Yes
Additional Parcels Description
031-154-011,031-154-010,031-154-009,031-154-008
Number Of Units Leased
2
Total Monthly Rent
14625

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2026  London Properties, Ltd. All rights reserved.