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About This Home

This 0-bedroom, 0-bathroom commercial at 701 N Martin Luther King Jr Highway in Mexia, TX is listed for $1,500,000. Built in 1982, on a 2.69 acres lot.

Agent 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.

Key Features

  • Built in 1982
  • 2.69 acre lot

Property Details

1982

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

701 N Martin Luther King Jr Highway

Mexia, TX 76667

Evans N Hwy 14 Add

Property Details

Flooring

CarpetConcreteTileWood

Construction

BrickMetal SidingStoneStone Veneer

Parking

Parking Lot

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 701 N Martin Luther King Jr Highway is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1982, 2.69 acre lot.

This property is listed by Mitzi Eves and can be reached at 2144531850 or mitzieves1@gmail.com.

ME

Mitzi Eves

Agent at Coldwell Banker Realty

(214) 453-1850

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 21165263· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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