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$3,500,000

1616 Martin Luther King Jr

Merced, CA 95340

Active

Merced

County

MixedUse

Property Type

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.

Listed by Ernesto Ochoa · DRE #01247053 · Keller Williams Property Team

MLS #1152936543

ListedFeb 12, 2026

Property Details

Architecture

Stories1

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingCentral Air

HeatingCentral

FireplaceN/A

LaundryNone

Parking FeaturesN/A

Parking TotalN/A

Patio & PorchN/A

Entry Level1

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size1.03 ac

Lot FeaturesCorner Lot, Rectangular Lot, Street Level

ViewN/A

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

Community

AreaN/A

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$18,628/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:15 PM

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