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Martin Luther King Jr

Merced, CA 95340
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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, o ffering 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.

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Detail Ic Property Details

Property Type : Land

Price : $3,500,000

AD Id : 75315708

MLS Id : 226017488

Year Built : --

County : Merced

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    City Street

  • Lot Information

    Lot Description: Corner Lot Square Feet: 15,002 Topography: Level

    Property Information

    Property Type: Land Sub Type: Commercial Lot Cross Street: MLK Source Neighborhood: 20407 Area: Merced S: 95340 Zoning: Commercial

    Farm Info

    Irrigation Source: Public

  • Listing Price Information

    Listing Id: 226017488 List Price: $3,500,000

  • Tax Information

    Parcel Number: 031-154-012-000

  • Elementary School District: Merced City
    Junior High School District: Merced City
    Senior High School District: Merced Union High
  • Utility Information

    See Remarks
  • Location Information

    Direction: From Hwy 99 Northbound, get off on exit 187B - Martin Luther King Jr. Way and turn right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Myrtle Avenue, Merced, CA, 95340 $369,999 -- -- -- 90,169.20 Sqft(Lot)
G Street, Merced, CA, 95340 $500,000 -- -- -- Acres (Lot)--
Myrtle Avenue, Merced, CA, 95340 $199,000 -- -- -- Acres (Lot)--
Canyon, Merced, CA, 95340 $225,000 -- -- -- Acres (Lot)--
N Easy Street, Merced, CA, 95340 $395,000 -- -- 1,065 11,965.93 Sqft(Lot)
Farmland Ave, Merced, CA, 95340 $1,575,000 -- -- -- 609,840 Sqft(Lot)
K Street, Merced, CA, 95340 $2,995,000 -- -- 12,800 22,498.74 Sqft(Lot)
Highway 59, Merced, CA, 95340 $6,440,000 -- -- -- Acres (Lot)--
E Yosemite Avenue, Merced, CA, 95340 $6,000,000 -- -- -- Acres (Lot)--
E Yosemite Avenue, Merced, CA, 95340 $6,000,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/14/2026 @ 05:09

MLS: 226017488 LISTED BY: Ernesto Ochoa, Keller Williams Merced SOURCE: MLS Metrolist

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