Property Details:
- County or Parish
- Limestone
- Lot Size
- 1 to < 3 Acres
- Lot Size (Acres)
- 2.6900
- Lot Size Area
- 2.6900
- Lot Size (Square Feet)
- 117176.4000
- Zoning Description
- Commercial
Interior Information:
- Ceiling Height
- 8 to10 Feet,11 to 14 Feet
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Flooring
- Carpet,Concrete,Tile,Wood
- Stories Total
- 1
Exterior Information:
- Lot Size
- 1 to < 3 Acres
- Acres
- 2.6900
- Waterfront
- No
Commercial Info:
- Building Area Total
- 7000.00
- Building Use
- Bar/Taverns,Food Service,Restaurant,Other
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21417819
701 N Martin Luther King Jr Highway
Mexia, Texas
$1,500,000
Sign in to save to favorites
Type: Commercial Sale
Year Built: 1982
Remarks: 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.
Active
Listed by: Mitzi Eves
Back to Search
Ask about this property
Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321