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

Other
NZD $2,706,324
USD $1,500,000
Published on: 27 Oct 2026
Last updated on: 06 Nov 2026
701 N Martin Luther King Jr Highway, Mexia, TX 76667
701 N Martin Luther King Jr Highway, Mexia, TX 76667
701 N Martin Luther King Jr Highway, Mexia, TX 76667
+36
701 N Martin Luther King Jr Highway, Mexia, TX 76667
  • 36
Property ID: 110120799065
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CommercialSale, Mexia, TX

701 N Martin Luther King Jr Highway, Mexia, TX 76667
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. The Falcon Club presents an exciting commercial investment opportunity in the growing community of Mexia, Texas. This established local gathering place has a loyal customer base and offers tremendous potential for continued operations, expansion, and additional income opportunities. During COVID, the current owner began construction of a covered outdoor patio designed to accommodate live music, entertainment, and a designated smoking area, allowing the interior to remain smoke-free and creating a more inviting atmosphere for expanded food service. One of the property's most attractive features is its fully functional commercial kitchen, which is shared with the adjoining vacant restaurant space. A new owner could capitalize on this unique arrangement by leasing the approximately 4,650-square-foot restaurant space to a separate operator while continuing to operate The Falcon Club independently, creating the potential for multiple income streams while preserving the established bar business and its loyal clientele. Strategically located on Highway 14 near the major intersection of Highways 84 and 14 and 171, the property is positioned to benefit from Mexia's anticipated commercial and industrial growth. Nearby developments include upcoming Zippy J's Community Store featuring a gas and convenience store, new industrial businesses in the Mexia ECD Industrial Park employing 1200+ people by year 2032, and TxDOT's planned expansion of Highway 84. New developments have the potential to bring additional business activity, employment opportunities, and increased traffic to the area and this versatile property offers an excellent location and opportunity to establish or expand your business in the heart of Central Texas.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
10,886.05 m2
Year Built
1982
Num Floors
1
County
Limestone
Parcel ID
R19342
Provider
North Texas Real Estate Information Systems, Inc.
Subdivision
Evans N Hwy 14 Add
Brokerage Office Name
Coldwell Banker Apex, REALTORS
Brokerage Office Phone
254-776-0000
Neighbourhoods
Evans N Hwy 14 Add
Address
701 N Martin Luther King Jr Highway, Mexia, TX 76667
Contact Agent
Mitzi Eves
Coldwell Banker Apex, REALTORS
Waco, TX
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Mitzi Eves
Waco, TX
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      Property ID: 110120799065

      Original Property ID: 3yd-NTREIS-21417819
      Data provided by North Texas Real Estate Information Systems, Inc., MLS #: 21417819
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