Turn-Key Bar and
701 N Martin Luther King Jr Highway Mexia, TX 76667
New
For Sale
$1,500,000
COMMERCIAL - Mexia, TX
Lot Size2.69 Acres
Days on Market5
Property Features for 701 N Martin Luther King Jr Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Security features
- Security
- Standard status
- Active
- APN
- R19342
- Lot size
- 2.69 Acres
Taxes and HOA fees
- Tax Description
- EVANS N HWY 14 ADDN, LOT 004 - 008, ACRES 0.6
- Tax Annual Amount
- 3917
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Concrete, Tile, Carpet
- Building materials
- Brick, MetalSiding, StoneVeneer
- Roof type
- Metal
Listing Agency:
Coldwell Banker Realty
(214) 453-1850
Listed By:
Mitzi Eves · License #0485908
(972) 691-7580
Added: Jul 19
Changed: Jul 22
Last Checked: Jul 23 at 5:06PM
MLS# 21165263
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.
Investment Insights
Based on property information with market context.
This for-sale bar and restaurant offering is presented as a full turn-key operation plus an additional full-sized restaurant space ready for a new owner. The Falcon Club shares a fully functional kitchen space with the vacant restaurant next door. The seller also notes that an outdoor covered patio project was started to add usable space for live music and an area for smokers while keeping the interior smoke-free.
The property is located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14 in Mexia, TX. The remarks cite nearby development activity including a new gas and convenience station under construction, a new manufactured commercial project coming soon in the Mexia EDC industrial park, and TxDOT expanding Hwy 84.
The seller indicates the property can be divided, including options for the restaurant with equipment, land, or the bar portion. The vacant restaurant side is described as having 4,650 square feet and could be leased while operating the bar separately.
The property is located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14 in Mexia, TX. The remarks cite nearby development activity including a new gas and convenience station under construction, a new manufactured commercial project coming soon in the Mexia EDC industrial park, and TxDOT expanding Hwy 84.
The seller indicates the property can be divided, including options for the restaurant with equipment, land, or the bar portion. The vacant restaurant side is described as having 4,650 square feet and could be leased while operating the bar separately.
Key Highlights
- On Hwy 14 near the major intersection of Hwy 84 and Hwy 14 in Mexia
- Built in 1982 with brick, metal siding, and stone veneer exterior materials
- Metal roof; interior flooring includes wood, carpet, concrete, and tile
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- The Falcon Club — 703 N, TX-14, Mexia, TX 76667
- EL FIESTA BALLROOM — 201-299 W Titus St, Mexia, TX 76667
- Cloud Patron — 842 State Hwy 171, Mexia, TX 76667
FAQs
What type of property is this?
Bar & Pub - Turn-key Falcon Club bar with a shareable, fully functional kitchen and an additional restaurant space ready for a new owner.
Where is this bar & pub located?
The property is located at 701 N Martin Luther King Jr Highway Mexia, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: On Hwy 14 near the major intersection of Hwy 84 and Hwy 14 in Mexia; Built in 1982 with brick, metal siding, and stone veneer exterior materials; Metal roof; interior flooring includes wood, carpet, concrete, and tile
