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Merced, CA

$3,500,000

1616 Martin Luther King Jr, Merced, CA
5
Days listed

About this home

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.

Facts & features

Interior
Heating
Central
Cooling
Central Air
Laundry
None
Exterior & lot
Lot size
1.033 acres (45,000 sq ft)
Community
County
Merced
Listing details
Status
Active
Property type
Mixed Use
Days on market
5
Listed
2026-02-12
Parcel #
031154012000
MLS #
MC26032589
Listed by
Ernesto Ochoa · Keller Williams Property Team

Location

Price history

Listed
$3,500,000 · 2026-02-12
Days on market
5
Current price
$3,500,000
Financing

Could this home be yours?

Estimated monthly payment
$21,956
$17,698 principal & interest · $4,258 taxes & insurance
$700,000
Estimate only
Loan $2,800,000

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Listing data provided by CRMLS

Listing courtesy of Keller Williams Property Team. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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