$1,700,000
For Sale

701 N Martin Luther King Jr Highway

Mexia, TX 76667
Type:Purchase
Structure:Commercial
Zone:Commercial

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. 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.

  • Property Details
      • Utility FeaturesAsphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter
      • SubdivisionEvans N Hwy 14 Add
      • CountyLimestone
      • Property TypePurchase
      • MLS #20538563
      • Property SubtypeBusiness
      • MLS #20538563
      • Cost1700000
      • Acres2.6900
      • Year Built1982
      • FoundationSlab
      • Stories1

Location

Anthony L. BrownJPAR Real Estate
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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