1616 Martin Luther King Jr Way presents a rare opportunity to acquire a prime downtown Merced commercial portfolio consisting of five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres. Strategically positioned on a signalized hard corner with strong visibility and convenient access, the property benefits from consistent vehicle traffic and a highly walkable location within the city's established commercial core. Existing improvements include approximately 8,500 square feet of commercial space, featuring a former drive-through restaurant location, retail buildings, and the established Downtown Grubs food truck plaza. The mix of existing improvements and income-generating components creates an attractive opportunity for investors, owner-users, and developers alike.
Surrounded by national and regional retailers, restaurants, and service businesses, the property is well positioned to capitalize on continued growth and redevelopment activity in downtown Merced. The Central Commercial zoning allows for a variety of retail, restaurant, entertainment, service, and mixed-use possibilities, providing flexibility for future repositioning or expansion. With existing utility infrastructure in place, multiple revenue streams, and a prominent corner location, 1616 Martin Luther King Jr Way offers a unique combination of current income potential and long-term redevelopment value in one of Merced's most active commercial corridors.
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