Drive-Through Restaurant and Retail Portfolio

1616 Martin Luther King Jr Way Merced, CA 95340

Claim this Listing
For Sale
$3,500,000

Five contiguous Central Commercial parcels feature a KFC drive-through, a food truck plaza, and two retail improvements.

Type:Commercial/Industrial
Property size:
8,500 SF
Lot size:
1.03 Acres
Price / SF:
$411/SF
Added:
Feb 14, 2026
Days on Market:
146
Last Refresh:
Jul 10 at 2:08 am

Property Features for 1616 Martin Luther King Jr Way

General Information

Standard status
Active
Size
8,500 SF
Lot size
1.03 Acres
Property subtype
Commercial/Industrial

Listing office Keller Williams Merced

Listing date Feb 14, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Merced


Investment Insights

Based on property information with market context.

This for-sale commercial portfolio offers five contiguous Central Commercial (C-C) zoned parcels totaling approximately 1.03 acres, all fully improved with utility hookups in place. The property includes a KFC drive-through and a hard-corner parcel of approximately 15,000 SF operating as the “Downtown Grubs” food truck plaza.

Improvements include a ±2,500 SF retail building currently supporting the food truck plaza with restrooms, storage, and utility sinks. A ±6,000 SF retail warehouse is leased to an antique & collectibles dealer at $4,125 per month gross. Per the seller, all tenants are on month-to-month leases, providing flexibility for investors or owner-users.

Located within walking distance to Downtown Merced, the portfolio is near major national retailers including Chick-fil-A, Starbucks, In-N-Out, Popeyes, and Taco Bell. It also offers proximity to Hwy 99 and downtown landmarks including the UC Merced Downtown Campus Center, El Capitan Hotel, and the Mainzer Theatre.

Key Highlights

  • Five contiguous Central Commercial (C‑C) parcels totaling approx. 1.03 acres with utility hookups for each lot
  • KFC drive‑through on the portfolio, plus an established “Downtown Grubs” food truck plaza at the hard corner
  • 15,000 SF parcel supports food truck plaza operations, with stated potential gross rents of approx. $15,000/month

Property Analytics

Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Real Estate Agency Big Box & Wholesale Store HVAC Service Building Supply Storage Facility Electrical Service Garden Center Home Appliance Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - Five contiguous Central Commercial parcels feature a KFC drive-through, a food truck plaza, and two retail improvements.
Where is this drive through restaurant located?
The property is located at 1616 Martin Luther King Jr Way Merced, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Five contiguous Central Commercial (C‑C) parcels totaling approx. 1.03 acres with utility hookups for each lot; KFC drive‑through on the portfolio, plus an established “Downtown Grubs” food truck plaza at the hard corner; 15,000 SF parcel supports food truck plaza operations, with stated potential gross rents of approx. $15,000/month
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