1029 Martin Luther King Jr Way , Merced, CA 95341
$1,350,000
Est. Payment: $7,363.84/mo
7000 Sqft
0.63 Acres
Status: Active | Days on site: 13
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House Description

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.

Highlights

Listed by Dan Del Real , 209-285-9912 Del Real Commercial , 209-285-9913. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.63

Year Built

1990

County

Merced

Listing ID

MC26144939

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Zoning:C-G
Principal Interest
$7,364
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,363.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,363.84 $860.63 $0.00 $8,224.47
Yearly $88,366.10 $10,327.50 $0.00 $98,693.60
Total $2,650,982.94 $309,825.00 $0.00 $2,960,807.94

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Merced, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T05:14:44.000Z

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