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

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    • Retail properties & Spaces
    • 1 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

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

    Year built
    1959
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Mexia
    County
    Limestone
    State
    Texas
    Longitude
    -96.494
    Latitude
    31.681
    More about this property
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