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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1616 Martin Luther King Jr, Merced – $3,500,000

  • $3.5M Price
  • 1.03 Acres
  • 47 DOM
  • $3.5M Price
  • 1.03 Acres
  • 47 DOM

1616 Martin Luther King Jr

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.

Essential Information

  • MLS® #MC26032589
  • Price$3,500,000
  • Bathrooms0.00
  • Acres1.03
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address1616 Martin Luther King Jr
  • CityMerced
  • CountyMerced
  • Zip Code95340

Amenities

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1

Exterior

Lot Description

Corner Lot, Rectangular Lot, Street Level

Additional Information

  • Date ListedFebruary 12th, 2026
  • Days on Market47

Listing Details

  • AgentErnesto Ochoa
  • OfficeKeller Williams Property Team
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Ernesto Ochoa, Keller Williams Property Team.

Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2026 at 5:41pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.