For Lease
$19.80-$21 /SF/YR

1616 Martin Luther King Jr Way Merced, CA 95340

Prime Commercial Land, Build-to-Suit Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 45,000 square foot lot (1.033 acres) presents a unique build-to-suit opportunity in the heart of Downtown Merced. Located on the highly visible, signalized corner of Martin Luther King Jr. Way and 16th Street, this C-C zoned property (APN: 031154012000; 031-154-011,031-154-010,031-154-009,031-154-008) offers 15,000 square feet of potential retail space. The site, previously occupied by Kentucky Fried Chicken, benefits from its proximity to major thoroughfares, including a Highway 99 on/off ramp just three blocks away. Nearby establishments include In-N-Out Burger and a planned Chick-fil-A, further enhancing its desirability. The property's location near the proposed Merced High-Speed Rail Station adds significant long-term value. This thriving downtown area is home to local government offices, cultural attractions, restaurants, and professional businesses, ensuring a robust customer base. The current owner is offering a long-term lease commitment to a tenant willing to build on the site. This is a rare chance to establish a presence in a rapidly developing and dynamic downtown core. The minimum buildable space is 15,000 square feet, making it ideal for a variety of commercial uses.

Highlights

  • Retail, Land, and Restaurant property totaling 15,000 square feet.
  • Multiple tenancies available.
  • 1.033 acres (45,000 square feet) lot size.
  • Located at the hard-corner intersection of Martin Luther King Jr. Way and 16th Street.
  • C-C Zoning.
  • APN: 031154012000; 031-154-011, 031-154-010, 031-154-009, 031-154-008.

Property Details for 1616 Martin Luther King Jr Way

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
15,000 SF

Unit(s) available at that property

Space
Available Space 1 - 602
Size
0 SF
Rate per SF
$19.80
Space
Available Space 2 - 635
Size
15,000 SF
Rate per SF
$21

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.2995786
Longitude
-120.4804241

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FAQs

What type of property is this?
Retail property - Prime Commercial Land, Build-to-Suit Available
Where is the retail property located?
The property is located at 1616 Martin Luther King Jr Way Merced, CA.
What is the lease rate?
The lease rate is $19.80-$21 /SF/YR.
What are key features of this property?
This property features: Retail, Land, and Restaurant property totaling 15,000 square feet.; Multiple tenancies available.; 1.033 acres (45,000 square feet) lot size.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Ernie Ochoa - CCIM
Ernie Ochoa - CCIM
Visit Broker Website

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Useful Information

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Martin Luther King Jr Way
Merced, CA 95340

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Martin Luther King Jr Way
Merced, CA 95340

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1616 Martin Luther King Jr Way
  • Ernie Ochoa - CCIM
    Ernie Ochoa - CCIM
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