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Diana Rendon Real Estate Agent

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

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$1,500,000
626 Days On Site

701 N Martin Luther King Jr Highway
Mexia, TX 76667

For Sale|Business|Active
0
Beds
0
Total Baths
7,000
SqFt
$214
/SqFt
1982
Built
Subdivision:
Evans N Hwy 14 Add
County:
Limestone

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

701 N Martin Luther King Jr Highway701 N Martin Luther King Jr Highway701 N Martin Luther King Jr Highway701 N Martin Luther King Jr Highway
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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.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
626 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.69 Acres
Year Built 
1982
MLS® Number 
20538563
Status 
Active
Property Tax 
$3,917
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
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What's This?
Private
Recent Activity
2 months agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
5 months agoPrice changed to $1,500,000
2 years agoListing first seen on site
General Features
Acres 
2.69
Foundation 
Slab
Number Of Stories 
1
Parking 
AsphaltCommonOn SiteParking Lot
Property Sub Type 
Business
Security 
Fire AlarmSecurity Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7000
Utilities 
Cable AvailableElectricity Connected
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
CarpetConcreteTileWood
Heating 
CentralElectric
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Exterior Features
Construction Details 
StoneBrickMetal SidingStone Veneer
Road Frontage 
Highway
Roof 
Metal
Community Features
Accessibility Features 
Accessible Doors
Listing courtesy of Mitzi Eves of Coldwell Banker Realty mitzieves1@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-11-04 01:51 PM CST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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