701 N Martin Luther King Jr Highway

Mexia, TX 76667
$1,500,000
7,000 sqft

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.

Property Type: Commercial - Business
MLS Status: Active
MLS: 21165263
Year Built: 1982
County: Limestone
Tract or Division: Evans N Hwy 14 Add
List Date: 01/28/2026
Area:
Square Feet: 7,000
Total Beds:
Full Baths:
Half Baths:
Acres: 2.69
Lot Size (sqft): 117,176

800.451.8055

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Interior Features

 
Floor Coverings:
  • Carpet
  • Concrete
  • Tile
  • Wood
Virtual Tour:

Exterior Features

 
Parking:
  • Asphalt
  • Common
  • OnSite
  • ParkingLot
Roof Type:
  • Metal
Siding:
  • Brick
  • MetalSiding
  • StoneVeneer
Foundation:
  • Slab

Utilities

 
Heating/Cooling:
  • Central
  • Electric
Utilities:
  • CableAvailable
  • ElectricityConnected
  • NaturalGasAvailable
  • SewerAvailable
  • SeparateMeters
  • WaterAvailable

Additional Property Details

 
Listing Agent: Mitzi Eves
Broker: Coldwell Banker Realty
Security Features:
  • SecuritySystem
  • FireAlarm
  • SecurityLights
Listed by: Mitzi Eves, Coldwell Banker Realty
Phone: 254.562.7899

Location

Schools

School Name Grades Admission
Mexia Jr High School 6 - 8 Regular
A B Mcbay Elementary School PK - 2 Regular
R Q Sims Intermediate School 3 - 5 Regular
Mexia High School 9 - 12 Regular
4 Schools

*All school information should be verified by local Independent School District.

Nearby Properties

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$1,450,000
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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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