1616 Martin Luther King Jr Way - Commercial LAND FOR SALE


Merced, CA 95340- Downtown Merced45,002 SF
$3,500,000 USD
209-704-7653
1616 Martin Luther King Jr Way, Merced, CA for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/28
45,002 SF

1616 Martin Luther King Jr Way
Merced, CA 95340
Downtown Merced


HIGHLIGHTS

  • Premier Signalized Hard Corner Position
  • Extremely High Daily Traffic and High Visibility
  • Excellent Vehicle Access
  • Ideal Site for Strong Retail, Quick Service Restaurants, and Mixed-Use Developments
  • Walkable Downtown Location
  • Nearby national tenants include In-N-Out Burger, Starbucks, Popeyes, Taco Bell, and a new Chick-fil-A site

OVERVIEW

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. Provide your feedback on BizChat

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$3,388,000/AC

PRICE/SF

$78 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Income Generating - Signalized Corner

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Fast Food, Restaurant, Specialty/Festival/Entertainment, Storefront Retail/Office, Supermarket

LAND ACRES

1.03 AC

LAND SF

45,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

C-C

APN/PARCEL ID

031-154-008,031-154-009,031-154-010,031-154-011,031-154-012

ASK ABOUT THIS PROPERTY

Ernie Ochoa, CCIMKeller Williams Property Team - CommercialMore Info
209-704-7653

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Ernie Ochoa, CCIMKeller Williams Property Team - CommercialMore Info
209-704-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.