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1626-1640 Martin Luther King Jr Way
Merced, CA 95340
Retail Property For Sale
Executive Summary
Fantastic investment opportunity in downtown Merced! Standing between 16th St. and Main St., directly on MLK JR. Way, this 2,800 SF commercial building features a prime location, private parking, and two suites- both currently occupied. The suite on the left has been a tavern/barbershop for decades and the suite on the right is a retail novelty store. The potential for this parcel can not be underestimated! Please do not disturb the tenants. Call the listing agent for an appointment to tour the suites.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,800 SF
Building Class
C
Year Built
1980
Price
$633,820 CAD
Price Per SF
$226.36 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C-C
Parking
10 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
104’ on Martin Luther King Jr Way
Property Taxes
| Parcel Number | 031-154-015 | Improvements Assessment | $255,992 CAD |
| Land Assessment | $225,189 CAD | Total Assessment | $481,181 CAD |
Property Taxes
Parcel Number
031-154-015
Land Assessment
$225,189 CAD
Improvements Assessment
$255,992 CAD
Total Assessment
$481,181 CAD
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