Turn-Key Bar &
For Sale
$1,500,000
701 N Martin Luther King Jr Highway, Mexia, TX 76667
COMMERCIAL - Mexia, TX
Property SizeContact for details
Lot Size2.69 Acres
Days on Market18
Property Features for 701 N Martin Luther King Jr Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Security features
Security
Subdivision
Evans N Hwy 14 Add
Directions
From Mexia travel West on Hwy 84 towards Waco at red light turn North (right) on Hwy 14 towards Wortham property is on your left past Bluebonnet Street and across from King's Quarters Inn
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
Legal Description
EVANS N HWY 14 ADDN, LOT 004 - 008, ACRES 0.6
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Tile, Wood, Carpet, Concrete
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: Aug 5
Last Checked: Aug 5 at 10:06PM
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.
Turn-key bar and restaurant operation with a fully functioning shared kitchen that also connects to an adjacent vacant restaurant side. The outdoor covered patio was added to expand usable space for live music and includes an area intended for smokers, with the goal of keeping the interior smoke free. The Falcon Club’s setup allows a new owner to keep the bar operating while separately leasing the vacant restaurant side.
The property includes an additional full-sized restaurant ready for a new owner, and the seller will divide the property into separate bar and restaurant/land options. Located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14, the surrounding area includes new development underway, including a gas and convenience station and a new manufacturing company associated with the Mexia EDC Industrial Park, with TxDOT expanding Hwy 84.
The building was constructed in 1982 and features brick, metal siding, and stone veneer exterior materials, a metal roof, and interior flooring of wood, carpet, tile, and concrete. Utilities include public water and public sewer, with electric heating and central air cooling, plus ceiling fans. On-site parking is provided via a parking lot.
The property includes an additional full-sized restaurant ready for a new owner, and the seller will divide the property into separate bar and restaurant/land options. Located on Hwy 14 near the major intersection of Hwy 84 and Hwy 14, the surrounding area includes new development underway, including a gas and convenience station and a new manufacturing company associated with the Mexia EDC Industrial Park, with TxDOT expanding Hwy 84.
The building was constructed in 1982 and features brick, metal siding, and stone veneer exterior materials, a metal roof, and interior flooring of wood, carpet, tile, and concrete. Utilities include public water and public sewer, with electric heating and central air cooling, plus ceiling fans. On-site parking is provided via a parking lot.
Key Highlights
- 2.69‑acre property on Hwy 14 near Hwy 84 and Hwy 14 intersection
- Outdoor covered patio for live music and smoker area
- Shared fully functional kitchen with adjacent vacant restaurant side
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Turn-key bar and restaurant property on Hwy 14 with an additional restaurant-ready side and an outdoor covered patio.
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: 2.69‑acre property on Hwy 14 near Hwy 84 and Hwy 14 intersection; Outdoor covered patio for live music and smoker area; Shared fully functional kitchen with adjacent vacant restaurant side
