Turn-Key Bar and
For Sale
$1,500,000
701 N Martin Luther King Jr Highway Mexia, Mexia, TX 76667
Iconic, full turn-key bar operation with an additional full-sized restaurant space ready for a new owner.
Property Size117,150 SF
Days on Market44
Property Features for 701 N Martin Luther King Jr Highway Mexia
General Information
Standard status
Active
Size
117,150 SF
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$3,917
Building Details
Building Size
117,150 SF
Year Built
1982
Stories
1
Listing Agency:
OPT
(800) 683-5651
Listed By:
Travion Brown
(800) 683-5651
Source:
Jparhouston
Added: Jul 9
Changed: Aug 20
Last Checked: Aug 20 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OPT
Investment Insights
Based on property information with market context.
A turn-key bar and restaurant offering a fully functional, shared kitchen setup with a vacant restaurant space next door. The property is described as a full operation ready for a new owner, plus an additional full-sized restaurant that is available for separate use. During COVID, the current owner began building an outdoor covered patio intended to add extra space for live music and provide an outdoor area for smokers, supporting a more pleasant interior environment.
The Falcon Club shares the kitchen area with the vacant restaurant side. The seller indicates the new owner could lease the vacant restaurant side, while operating the bar separately.
The property is located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14. The remarks note a new gas and convenience station under construction, additional manufacturing competition coming soon in the Mexia EDC Industrial Park, and TxDOT expanding Hwy 84.
The Falcon Club shares the kitchen area with the vacant restaurant side. The seller indicates the new owner could lease the vacant restaurant side, while operating the bar separately.
The property is located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14. The remarks note a new gas and convenience station under construction, additional manufacturing competition coming soon in the Mexia EDC Industrial Park, and TxDOT expanding Hwy 84.
Key Highlights
- Falcon Club bar & restaurant for sale with a fully functional kitchen shared with the adjacent vacant restaurant
- On Hwy 14 near the major intersection of Hwy 84 and Hwy 14, with planned new Gas & Convenience Station under construction
- Property share includes a vacant restaurant side with 4,650 SF that could be leased separately
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Hotels & Casinos 18%
Exxon
Shops & Services
5,005 visits/mo
0.1 miles
Comfort Inn & Suites
Hotels & Casinos
1,404 visits/mo
0.1 miles
Mike Terry Ford
Shops & Services
1,309 visits/mo
0.5 miles
Demographics for 76667, TX
10,801
Population
4,734
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
85%
High-School Grad
153.1 sq mi
ZIP Area
71
Density / Sq Mi
$50,396
Median Household Income
$33,211
Median Earnings
$832
Median Rent
$119,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Iconic, full turn-key bar operation with an additional full-sized 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 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: Falcon Club bar & restaurant for sale with a fully functional kitchen shared with the adjacent vacant restaurant; On Hwy 14 near the major intersection of Hwy 84 and Hwy 14, with planned new Gas & Convenience Station under construction; Property share includes a vacant restaurant side with 4,650 SF that could be leased separately
