Mexia, TX 76667,701 N Martin Luther King Jr HWY
$1,700,000
Est. payment /mo
7,000 SqFt
Active

701 N Martin Luther King Jr HWY Mexia, TX 76667

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Kimberly Fowler

Kimberly Fowler

RE/MAX ROYA, Premium & Luxury Homes

+1(254) 733-1395

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $242

Subdivision Evans N Hwy 14 Add

MLS Listing ID 20538563

HOA Y/N No

Year Built 1982

Annual Tax Amount $3,917

Lot Size 2.690 Acres

Acres 2.69

Property Sub-Type Business

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. 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.

Location

State TX

County Limestone

Zoning Commercial

Direction From Mexia travel West on Hwy 84 towards Waco at red light turn North (right) on Hwy 14 towards Wortham property is on your left past Bluebonnet Street and across from King's Quarters Inn

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Concrete, Tile, Wood

Inclusions Business, Furniture, Inventory, Land & Improvements, Other

Fireplace No

Exterior

Parking Features Asphalt, Common, On Site, Parking Lot

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Metal

Street Surface Asphalt

Accessibility Accessible Doors

Road Frontage Highway

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID R19342

Security Features Security System,Fire Alarm,Security Lights

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Kimberly Fowler

+1(254) 733-1395

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701 N Martin Luther King Jr HWY