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Bar with Adjacent Restaurant Space
New
For Sale
$1,500,000

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

CommercialSale, Mexia, TX

Property SizeContact for details
Lot Size2.69 Acres
Days on Market6

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

Tenancy & Operations

Currently Operating Yes
Business Included Yes

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 Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1982
Floors in Building 1
Number of units 2
Flooring type Concrete, Carpet, Tile, Wood
Building materials Brick, MetalSiding, StoneVeneer
Roof type Metal
Listing Agency: Coldwell Banker Apex, REALTORS
Listed By: Mitzi Eves · License #0485908
Added: Oct 26 Changed: Oct 30 Last Checked: Oct 31 at 9:06PM
MLS# 21417819

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.

Rey
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Investment Insights

Based on property information with market context.

The property includes an operating bar and a vacant restaurant space of approximately 4,650 square feet. Both spaces use a fully functional commercial kitchen. A covered outdoor patio was started but is not described as complete. The building dates to 1982 and sits on a 2.69-acre parcel.

Located on Highway 14, the property is near the intersection of Highways 84, 14, and 171. Public water and sewer serve the site.

Key Highlights

  • Operating bar paired with approximately 4,650‑square‑foot vacant restaurant space
  • Commercial kitchen shared by the bar and restaurant space
  • 2.69‑acre parcel on Highway 14 near Highways 84 and 171

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Kitchen & Bath Showroom Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Comfort Inn & Suites Hotels & Casinos
1,404 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • EL FIESTA BALLROOM — 201-299 W Titus St, Mexia, TX 76667
  • The Falcon Club — 703 N, TX-14, Mexia, TX 76667
  • Cloud Patron — 842 State Hwy 171, Mexia, TX 76667

Frequently Asked Questions

What type of property is this?
Bar & Pub - A shared commercial kitchen serves the operating bar and the neighboring vacant restaurant unit.
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: Operating bar paired with approximately 4,650‑square‑foot vacant restaurant space; Commercial kitchen shared by the bar and restaurant space; 2.69‑acre parcel on Highway 14 near Highways 84 and 171
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