Back to search
701 N Martin Luther King Jr Highway Mexia, TX $ 1,700,000
Share Save
$ 1,700,000 Get more info
701 N Martin Luther King Jr Highway
$ 1,700,000
Back to search
New Construction
Share Save

701 N Martin Luther King Jr Highway

Mexia, TX, 76667
$ 1,700,000
Baths0.0

Monthly Estimate*

$ 11,875

701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 1
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 2
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 3
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 4
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 5
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 6
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 7
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 8
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 9
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 10
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 11
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 12
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 13
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 14
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 15
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 16
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 17
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 18
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 19
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 20
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 21
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 22
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 23
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 24
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 25
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 26
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 27
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 28
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 29
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 30
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 31
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 32
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 33
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 34
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 35
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 36
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 37
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 38
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 39
701 N Martin Luther King Jr Highway, Mexia, TX 76667 - Image 40
View a Virtual Tour
Studio

Commercial Property for sale in Mexia, TX

for $1,700,000. This building was built in 1982 on a lot size of 2.69.

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. 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.

See more
Commercial Active

Price

$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,917

Style

Business

Lot Size

2.69

Year Built

1982

Town/City

Mexia

County/Region

Limestone

MLS | Web ID

20538563
Features
General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Asphalt Cable Available City Sewer City Water Electricity Connected Individual Gas Meter
Ceiling Height 8 to10 Feet 11 to 14 Feet
Possession Closing/Funding
Roof Metal
Exclusions ALL LIQUOR IS EXCLUDED PER TABC RULES; for more Exclusions see Private Remarks
Year Built 1982
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant Other
Business Name The Falcon
Property SubType Business
Subdivision Name Evans N Hwy 14 Add
Accessibility Features Accessible Doors
Occupant Type Owner
County Limestone
Property Type Commercial Sale
Construction Materials Brick Metal Siding Stone Veneer
Year Built Details Preowned
Status Active
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
City Mexia
Buyer Agent Compensation 2.5
Street Name Martin Luther King Jr
Standard Status Active
Buyer Agent Compensation Type %
See more
Interior
Flooring Carpet Concrete Tile Wood
Total Stories 1
Total Units 2
Street Suffix Highway
See more
Exterior
Lot Size Source Public Records
Parking Features Asphalt Common On Site Parking Lot
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 7000.00
See more
Internal Only
Street Number 1 701
See more
* Excluded Features
List By
Mitzi Eves

Listing Agent

Heritage Real Estate Llc

Broker

Affordability Calculator

$12,201
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,875
Monthly Property Taxes
$326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/17/2024 $1,700,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

701 N Martin Luther King Jr Highway, Mexia, TX, 76667 is a Commercial Property for sale at $1,700,000 with a lot size of 2.69. 701 N Martin Luther King Jr Highway is a studio with 0.0 baths and was built in 1982. The property's zip code is 76667 which is in Mexia, TX

Get more info