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    209 Dr M.l.k. Jr. Hwy Mexia, TX 76667

    For Sale
    $95,000

    Established Restaurant, Turnkey Operation, $95,000

    Property size:
    1 SF

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    320
    This exceptional opportunity presents the chance to acquire a well-established restaurant located at 209 N Dr M.L.K. Jr. Hwy in Mexia, Texas, zip code 76667. Built in 1959, this charming property boasts a rich history as a beloved local eatery. The asking price is $95,000, representing a unique value proposition given its established customer base and prime location within Limestone County. The restaurant's existing menu and loyal clientele provide a solid foundation for immediate profitability. The 1 square foot building offers a cozy and intimate dining experience, perfect for maintaining the restaurant's current charm or expanding upon its existing success. This turnkey operation allows for immediate ownership and the potential to implement personal touches and business strategies to further enhance its success. The property's location on N Dr M.L.K. Jr. Hwy ensures high visibility and accessibility for customers. This is a rare chance to own a piece of Mexia's history and build upon a successful legacy. The property is ready for a new owner to continue its tradition of serving the community or to implement innovative changes to grow the business. Don't miss this chance to own a thriving restaurant in a desirable Texas town. The property is situated at 31.681005 latitude and -96.493958 longitude.

    Property Features for 209 Dr M.l.k. Jr. Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    1 SF

    Building Details

    Year Built
    1959

    HighLights

    • $95,000 asking price for this retail restaurant property.
    • 1 square foot restaurant located at 209 N Dr M.L.K. Jr. Hwy, Mexia, TX 76667.
    • Built in 1959.
    • Price per square foot: $95,000.
    • Established restaurant with existing customer base in Mexia, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.493958
    Latitude
    31.681005

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Turnkey Operation, $95,000
    Where is this restaurant located?
    The property is located at 209 Dr M.l.k. Jr. Hwy Mexia, TX.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: $95,000 asking price for this retail restaurant property.; 1 square foot restaurant located at 209 N Dr M.L.K. Jr. Hwy, Mexia, TX 76667.; Built in 1959.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 Dr M.l.k. Jr. Hwy Mexia, TX 76667
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