1616 Martin Luther King Jr Way, Merced, CA 95340
Merced County
Key Facts
Description
Here is a "Build To Suit" opportunity on a combined 45,000 square foot lot in the heart of Downtown Merced. Previously the site of Kentucky Fried Chicken. This is a prime commercial/retail space located on the hard signalized corner of MLK Jr. Way and 16th St. The current ownership will build it for you with a long-term lease commitment! Located just three blocks from Highway 99 on/off ramp and just two blocks from the existing In-N-Out Burger and the site of the newly proposed Chick-fil-A. As an added bonus, this site is down the street from proposed Merced High-Speed Rail Station. The Merced Downtown District is the seat of Local Government, the hub for cultural and performing arts, art galleries, live performing arts theaters, fine restaurants and professional offices. The Downtown is only getting better and better!
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Living Area
15,000 sq ft
Lot Size
1.03 acres
Days on Market
747
MLS® Listing#
MC24045105
Property Features
Lot Features
Water Source
Financial Details
Parcel Number
031154012000
Directions
From Hwy 99, go north on Martin Luther King Jr Way, property on the corner of MLK Jr. Way & 16th St
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merced, CA
- $467,476
- Median Listing Price
- 49
- Median Days on Market
- 1,788
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 365
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.
Location
Points of Interest in Merced, CA
Showing the Merced area map.
Nearby Schools
Independence High School
Secondary · 0.3 mi away
Merced Montessori School
Elementary · 0.4 mi away
Harvest Christian School
School · 0.4 mi away
Merced County Rop
Secondary · 0.5 mi away
Galen Clark Pre-School
School · 0.6 mi away
Don Stowell Elementary School
Elementary · 0.6 mi away
Merced 11th Street Head Start
School · 0.6 mi away
Muir Elementary School
Elementary · 0.7 mi away
Tenaya Middle
Secondary · 0.8 mi away
John Fremont Elementary
Elementary · 0.9 mi away
Herbert Hoover Middle
Secondary · 0.9 mi away
Charles Wright Elementary School
Elementary · 1.0 mi away
Alicia Reyes Elementary
Elementary · 1.2 mi away
Margaret Sheehy Elementary
Elementary · 1.2 mi away
Our Lady of Mercy School
School · 1.3 mi away
Alexander Street Montessori
Elementary · 1.3 mi away
Leontine Gracey Elementary School
Elementary · 1.3 mi away
Luther Burbank Elementary School
Elementary · 1.5 mi away
Merced High School
Secondary · 1.5 mi away
Farmdale Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2777 State Hwy. 59 N,, Merced, CA | Price on request | — | — | 70,902 |
| 2777 State Hwy 59 Street, Merced, CA | Price on request | — | — | 98,239 |
| 735 Main, Merced, CA | Price on request | — | — | 10,000 |
| 435 W Main Street, Merced, CA | Price on request | — | — | 2,054 |
| 2926 North G Street 205, Merced, CA | Price on request | — | — | 2,496 |
| 645 Fairfield Drive, Merced, CA | Price on request | — | — | 22,896 |
Moving Cost Estimate
EXIT Agents in Merced
Listing Courtesy: Keller Williams Property Team - 209-704-7653
Presented by: Ernesto Ochoa
Licensed in the state of California.