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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

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

1 SF Built 1959
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1959
Total area 1 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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