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Mexia, TX 76667
$1,500,000

About this home

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.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
7000
Living Area
0
Lot Size (Acres)
2.69
Property Subtype
Business
Property Type
Commercial Sale
Status
Active
Year Built
1982

Interior

Accessibility Features
Accessible Doors
Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Carpet, Concrete, Tile, Wood
Heating
Central, Electric

Exterior & Construction

Construction
Brick, Metal Siding, Stone Veneer
Foundation
Slab
Roof
Metal

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Mexia
County
Limestone
ZIP Code
76667
State
TX
Subdivision
Evans N Hwy 14 Add

Financial

Price
1500000

Utilities

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

Listing Details

Listing Agent
Mitzi Eves
Listing Office
Coldwell Banker Apex, REALTORS
MLS #
21417819
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21417819

Listing agents

Listing AgentMitzi EvesColdwell Banker Apex, REALTORS

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