REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Norluxe Realty

info@norluxerealty.com +1(470) 223-1981

$ 1,500,000

Est. payment | -/mo

2.69 Acres Lot

Save Virtual Tour

$ 1,500,000

Est. payment | -/mo

Save Virtual Tour

2.69 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Evans N Hwy 14 Add

MLS Listing ID 21417819

Total Fin. Sqft 7000

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. 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.

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 Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Concrete, Tile, Wood

Heat Source Central, Electric

Exterior

Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Gas Meter

Roof Type Metal

Accessibility Accessible Doors

Garage No

Building

Foundation Slab

Structure Type Brick,Metal Siding,Stone Veneer

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21417819

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Mitzi Eves • Coldwell Banker Apex, REALTORS

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 223-1981

info@norluxerealty.com

701 N Martin Luther King Jr Highway Mexia, TX 76667

Norluxe Realty

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

701 N Martin Luther King Jr Highway