245 W 16th Street is a build-to-suit opportunity on a combined five-parcel, 45,000-square-foot lot in the heart of Downtown Merced. The site was the home of a now-demolished Kentucky Fried Chicken. A few existing buildings on the lot would need to be demolished to make way for this new opportunity. This plot of land is perfect for a prime commercial/retail space located on the hard-signalized corner of Martin Luther King Jr. Way and 16th Street. The current owner is flexible with tenant needs and willing to build the new project with a long-term lease commitment.
In the Merced Downtown Central Commercial District, strategically placed just two blocks from the existing In-N-Out Burger and the newly proposed Chick-fil-A, this build-to-suit offering is a chance to complement the neighboring dining amenities. The Merced Downtown District is the seat of the local government. It is a hub for cultural and performing arts, art galleries, live performing arts theaters, fine restaurants, and professional offices. This site is down the street from the proposed Merced High-Speed Rail station, which aims to provide public transport throughout Downtown Merced, the University of California-Merced, surrounding residential communities, and the upper San Joaquin Central Valley. Three blocks from the Highway 99 on/off ramp, 245 W 16th Street is positioned to reach the area's neighborhoods and retail districts.
With the amenity-rich streets and new proposed developments underway, Downtown Merced is only improving. Don't miss out on the chance to be a staple retail destination and have a front-row seat to the area's growth.