$1,350,000
FOR SALEActive1029 Martin Luther King Jr Way
Merced CA 95341
7,000
SF
Retail
Type
1990
Built
$193/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
1029 Martin Luther King Jr Way is a ±7,000 SF freestanding retail/industrial-flex building on a 0.63-acre (27,443 SF) lot in Merced, California. Built in 1990 and comprehensively renovated beginning in 2020, the property pairs a retail showroom with a fully equipped service shop, office space, customer waiting area, and a fenced, secured yard with two on-site storage sheds. The 2020 renovation was extensive and covers nearly every system in the building: a complete showroom remodel with new laminate flooring and an open industrial ceiling, a full shop upgrade with new insulation, epoxy-coated floors, LED lighting, custom cabinets and workstations, and two installed car lifts. Exterior work added a black coated chain-link security fence on a concrete curb foundation, security lighting and camera coverage, fresh paint, and a new ±$45,000 LED programmable sign. Zoned C-G (Commercial General), the property offers 20 surface parking spaces (2.86 per 1,000 SF), 87 feet of frontage with a single curb cut, and sits within a designated Qualified Opportunity Zone. The site is currently owner-occupied by Car Plus, an automotive audio, air conditioning, security, and remote-start installation business—a fully conforming use under the C-G designation.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
C-G
Zoning
0.6314 acres
Lot Size
7,000 SF
Square Footage
$192.86/SF
Price per SF
1,990
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# MC26144939
Listed:
Nalren refreshed:
Last updated
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Listed by: Del Real Commercial
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.