701 N Martin Luther King Jr Highway, Mexia, Texas 76667

TX, Mexia
$1,500,000
  • 2.69 Acre
  • Commercial Sale Property Type
  • 1982 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • 112-345-768
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

ICONIC BAR & RESTAURANT FOR SALE – FULL TURN KEY OPERATION PLUS ADDITIONAL FULL SIZED RESTAURANT READY FOR NEW OWNER!! This beloved local watering hole has thrived for decades with a loyal Client base. During COVID the current Owner began building an outdoor covered patio to create extra space for Live Music and an area for smokers to gather leaving the interior smoke free and a more pleasant atmosphere for his expansion into food service. The Falcon Club shares a fully functional Kitchen space with the vacant restaurant next door. The new Owner could lease the vacant Restaurant side with 4650 sf and operate the Bar separately. Keeping The Falcon Club open will keep the loyal Client base very happy. Mexia has new Commercial growth recently. Seller will divide up the property: Restaurant with equipment $550,000 or land $350,000 or Bar. This Listed property is on Hwy 14 near the major intersection of Hwy 84 and Hwy 14 where there will be a new Gas & Convenience Station under construction soon, new Manuf Comp coming soon in Mexia EDC Industrial Park and TxDOT is expanding Hwy 84.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20538563
  • Price: $1,500,000
  • Year Built: 1982
  • Lot Area: 2.69 Acre
  • Listing Status: Active
  • Office Name: Heritage Real Estate LLC
  • Agent Name: Mitzi Eves
  • Property Sub Type: Business
  • Roof: Metal
Features
  • Heating System Central,Electric
  • Cooling System Central Air,Ceiling Fan(s),Electric
  • Parking Parking Lot,Common,On Site,Asphalt
  • Utilities Cable Available,Sewer Available,Water Available,Electricity Connected,Natural Gas Available,Separate Meters
  • Flooring Carpet,Tile,Wood,Concrete
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Limestone
  • City Mexia
  • Zipcode 76667
  • Street: Martin Luther King Jr
  • Street Number: 701
  • Street Suffix: Highway
  • Longitude: W97° 30' 34.5''
  • Latitude: N31° 41' 23.1''
  • Directions: From Mexia travel West on Hwy 84 towards Waco at red light turn North (right) on Hwy 14 towards Wortham property is on your left past Bluebonnet Street and across from King's Quarters Inn
  • Street Dir Prefix: N
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20538563
  • Accessibility Features: Accessible Doors
  • Building Size: 7000
  • Business Type: Bar/Tavern/Lounge,Food & Beverage,Other,Restaurant
  • Construction Materials: Brick,Stone Veneer,Metal Siding
  • Foundation Details: Slab
  • Number Of Units Total: 2
  • Possible Use: Food Service,Other,Restaurant
  • Stories Total: 1
Financial
  • Tax Annual Amount: 3917.0
Listing Information
  • List Agent Mls Id: 0485908
  • List Office Mls Id: HERS01
  • Mls Status: Active
  • Modification Timestamp: 2025-05-23T17:51:56Z
  • Originating System Name: NTR
  • Status Change Timestamp: 2024-07-24T12:27:46Z
MLS On The Fly

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