1029 Martin Luther King Jr. Way

The property sits along Martin Luther King Jr Way in Merced, roughly a quarter-mile from State Highway 99, the primary north-south artery through California's Central Valley. Highway 99 carries approximately 47,000–52,000 vehicles per day at this segment, while MLK Jr Way itself sees roughly 11,674 vehicles per day directly past the site — giving the property strong visibility on both a local and regional traffic corridor. Merced's commercial market is tightening, with submarket vacancy down year-over-year and average sale pricing up from $177/SF to $187/SF. The immediate trade area is also benefiting from projected population growth of roughly 3.78% through 2030 and proximity to UC Merced, reinforcing long-term demand fundamentals for the corridor.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.