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$3,500,000
Est. payment /mo
15,002 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226019114
HOA Y/N No
Lot Size 15002.000 Acres
Acres 0.3444
Property Sub-Type Mixed Use
Source MLS Metrolist
Property 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.
Location
State CA
County Merced
Area 20407
Direction From Hwy 99 Northbound, get off on exit 187B - Martin Luther King Jr. Way and turn right.
Location Details See Remarks
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Exterior
Parking Features Carport
Utilities Available Other
Water Access Desc Public
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 031-154-012-000
Special Listing Condition None
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Listed by Keller Williams Merced
NEARBY SCHOOL & BUSINESS
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