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$1,500,000

701 N Martin Luther King Jr Highway
Mexia, Texas 76667

Active / MLS #20538563 / Business / Mexia
Listing information updated 8/28/2025 at 10:45am
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.
Lot Size:
1 to < 3 Acres
Acreage:
2.6900
Built:
1982
Roof:
Metal
Zoning:
Commercial
Additional Information:
254-562-7899
Current Net Income:
$3,000
Tax Amount:
$3,917
Tax Year:
N/A
Zip Code:
76667
City:
Mexia
County:
Limestone

Listing Agent: Mitzi Eves

Listing Office: Coldwell Banker Realty

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of North Texas Real Estate Information Service. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed accurate by the MLS or NTREIS.

$215,405
Average Sale Price
138
Average Days On The Market
89%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 701 N Martin Luther King Jr Highway, Mexia, TX 76667

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701 N Martin Luther King Jr Highway, Mexia, TX 76667 is a business currently listed at $1,500,000. This business has been listed on Christie’s International Real Estate @properties lone star since February 14th, 2024 and was built in 1982.