Restaurants

Mexia, TX Restaurants for Sale

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Iconic Bar & Restaurant For Sale
Updated: Mar 27, 2024
Iconic Bar & Restaurant For Sale

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

Contact for pricing
7,000 sqft
Full turn‑key bar and restaurant operation with a loyal client base.
Additional full‑sized restaurant space (4650 sq ft) available for lease, sharing a fully functional kitchen.
Enjoy the outdoor covered patio for live music and smoking, ensuring a smoke‑free interior.
Strategic location on Hwy 14 near the intersection of Hwy 84, with upcoming commercial development.
Highway expansion (Txdot is expanding Hwy 84).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mexia, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Two-Story Restaurant Building
Historic Two-Story Restaurant Building

107 S Beaton Street, Corsicana, TX 75110

$730,000
0.06 AC lot

Brick downtown restaurant property with a commercial kitchen, bar, stage, dining areas, patio, and flexible upper-level space.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

1524 W 7th Avenue, Corsicana, TX 75110

$375,000
0.43 AC lot

Freestanding restaurant property with drive-through and walk-up service windows in Corsicana.

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Highway-Frontage Bar Property
Highway-Frontage Bar Property

1469 Hwy 31, Axtell, TX 76624

$150,000
2,447 sqft

Commercially zoned property positioned along SH-31 with direct highway access and flexible business-use potential.

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Highway Mixed-Use Property
Highway Mixed-Use Property

1469 Highway 31, Axtell, TX 76624

$150,000
0.97 AC lot

Commercially zoned site with public water and sewer, paved access, and flexibility for multiple business configurations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway Frontage Commercial Land
Highway Frontage Commercial Land

TBD 20 Acs Hwy 287, Corsicana, TX 75109

$640,000
20.00 AC lot

Commercial land positioned along US Hwy 287 near Richland Chambers Lake and an established residential development area.

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Commercial Land at Highway Corner
Commercial Land at Highway Corner

HWY 45, Corsicana, TX 75109

$740,995
2.84 AC lot

Corner tract with frontage on IH-45 and SECR 0025, near established retail and restaurant operators.

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Commercial Pad Site with Highway Access
Commercial Pad Site with Highway Access

TBD 7.38 Acres I-45 Frontage Freeway, Corsicana, TX 75108

$849,900
7.34 AC lot

Commercial land with public water and access to the IH 45 frontage road.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

TBD 7.338 Acres I-45 Frontage, Corsicana, TX 75109

$849,900
7.38 AC lot

Pad site with public water, direct frontage-road access, and proximity to established retail and restaurant activity.

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Off-Market Properties in Mexia, TX

Consider similar Off-Market properties in Mexia, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

209 Dr M.l.k. Jr. Hwy
Restaurants

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

Estimated value:
by Request
1 sqft
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704 Milam St
Restaurants

704 Milam St, Mexia, TX 76667

Estimated value:
by Request
2,959 sqft 0.98 AC lot
View details

Mexia, TX Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Mexia, TX on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1
Drive through restaurants 1

Demographics Overview

Population 10K
Population Growth (5Y) -5.4%
Median Household Income $50,396
College Educated 20.5%

High-Yield Neighborhoods for Investment

Identify Mexia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76667 $1.6M

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $33.24 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Limestone County

New Delisted

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