Contact Xavier Gomez
Contacting Xavier Gomez
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
1616 Martin Luther King Jr, Merced, CA 95340
Priced at Only: $3,500,000
For more Information Call
Address: 1616 Martin Luther King Jr, Merced, CA 95340
Request More Information
  • All fields are required.
  • MLS#: MC26032589 ( Mixed Use )
  • Street Address: 1616 Martin Luther King Jr
  • Viewed: 1
  • Price: $3,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 16
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95340
  • Provided by: Keller Williams Property Team
  • Contact: Ernesto Ernesto
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Additional Parcels Description
  1. 031-154-011
  2. 031-154-010
  3. 031-154-009
  4. 031-154-008
Assetclass
  1. Retail
Building Area Total
  1. 8500.00
Building Name
  1. Downtown Grubs
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Land Use
  1. Retail
Largest Contigious Square Footage
  1. 6000
Laundry Features
  1. None
Parcel Number
  1. 031154012000
Property Type
  1. Mixed Use
Signage
  1. Sign Freestanding
Totalmonthlyrent
  1. 14625
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Source
  1. Public
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
Request More Information
  • All fields are required.