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

$1,500,000
  • 701 N Martin Luther King Jr Highway , Mexia, TX 76667 Main Photo

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New to the Market Active
MLS#21417819
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONEvans N Hwy 14 Add

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. The Falcon Club presents an exciting commercial investment opportunity in the growing community of Mexia, Texas. This established local gathering place has a loyal customer base and offers tremendous potential for continued operations, expansion, and additional income opportunities. During COVID, the current owner began construction of a covered outdoor patio designed to accommodate live music, entertainment, and a designated smoking area, allowing the interior to remain smoke-free and creating a more inviting atmosphere for expanded food service. One of the property's most attractive features is its fully functional commercial kitchen, which is shared with the adjoining vacant restaurant space. A new owner could capitalize on this unique arrangement by leasing the approximately 4,650-square-foot restaurant space to a separate operator while continuing to operate The Falcon Club independently, creating the potential for multiple income streams while preserving the established bar business and its loyal clientele. Strategically located on Highway 14 near the major intersection of Highways 84 and 14 and 171, the property is positioned to benefit from Mexia's anticipated commercial and industrial growth. Nearby developments include upcoming Zippy J's Community Store featuring a gas and convenience store, new industrial businesses in the Mexia ECD Industrial Park employing 1200+ people by year 2032, and TxDOT's planned expansion of Highway 84. New developments have the potential to bring additional business activity, employment opportunities, and increased traffic to the area and this versatile property offers an excellent location and opportunity to establish or expand your business in the heart of Central Texas.

701 N Martin Luther King Jr Highway | MLS# 21417819

This commercial property located at 701 N Martin Luther King Jr Highway , Mexia, TX 76667 is currently listed for sale with an asking price of $1,500,000. Search Mexia real estate on www.kellyrealtors.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 2.69 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1982

Feature Descriptions

Accessibility: Accessible Doors
Days on Site: 1
Exclusions: ALL LIQUOR IS EXCLUDED PER TABC RULES; for more Exclusions see Private Remarks
Exterior: Brick, Metal Siding, Stone Veneer
Flooring: Carpet, Concrete, Tile, Wood
Parcel#: R19342
Parking: Asphalt, Common, On Site, Parking Lot
Parking Notes: Asphalt, Common, On Site, Parking Lot
Security: Burglar, Fire Alarm, Security Lights
Units: 2
Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Apex, REALTORS
Agency Contact: 254-562-7899
Agent Name: Mitzi Eves

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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