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Russell Cox
Relocation Director
REALTOR®
Cell: (254) 717-6447
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701 N Martin Luther King Jr Highway , Mexia, TX 76667

$1,500,000
  • 701 N Martin Luther King Jr Highway , Mexia, TX 76667 Main Photo

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Active
MLS#21165263
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONEvans N Hwy 14 Add

Property Description

ICONIC BAR & RESTAURANT FOR SALE - FULL TURN KEY OPERATION PLUS ADDITIONAL FULL SIZED RESTAURANT READY FOR NEW OWNER!! This beloved local watering hole has thrived for decades with a loyal Client base. During COVID the current Owner began building an outdoor covered patio to create extra space for Live Music and an area for smokers to gather leaving the interior smoke free and a more pleasant atmosphere for his expansion into food service. The Falcon Club shares a fully functional Kitchen space with the vacant restaurant next door. The new Owner could lease the vacant Restaurant side with 4650 sf and operate the Bar separately. Keeping The Falcon Club open will keep the loyal Client base very happy. Mexia has new Commercial growth recently. Seller will divide up the property: Restaurant with equipment $550,000 or land $350,000 or Bar. This Listed property is on Hwy 14 near the major intersection of Hwy 84 and Hwy 14 where there will be a new Gas & Convenience Station under construction soon, new Manuf Comp coming soon in Mexia EDC Industrial Park and TxDOT is expanding Hwy 84.

701 N Martin Luther King Jr Highway | MLS# 21165263

This commercial property located at 701 N Martin Luther King Jr Highway , Mexia, TX 76667 is currently listed for sale with an asking price of $1,500,000. Search Mexia real estate on www.254sale.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 2.69 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1982

Feature Descriptions

Accessibility: Accessible Doors
Days on Site: 36
Exclusions: ALL LIQUOR IS EXCLUDED PER TABC RULES; for more Exclusions see Private Remarks
Exterior: Brick, Metal Siding, Stone Veneer
Flooring: Carpet, Concrete, Tile, Wood
Parcel#: R19342
Parking: Asphalt, Common, On Site, Parking Lot
Parking Notes: Asphalt, Common, On Site, Parking Lot
Security: Burglar, Fire Alarm, Security Lights
Units: 2
Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Contact: 254-562-7899
Agent Name: Mitzi Eves

agent picture

Shown By

Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 12:15:15 AM EST) or NTREIS (last updated Thu 03/05/2026 11:49:04 PM EST) or SABOR MLS (last updated Thu 03/05/2026 11:52:56 PM EST) or CTXMLS (last updated Thu 03/05/2026 11:34:32 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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