101 N Elm Street, Hico, TX

$2,950,000

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0.16

Acres

About 101 N Elm Street

A Rare Opportunity in Historic Hico Texas on a corner lot in downtown. Hico Mercantile stands as one of the premier destinations in downtown Hico, offering a powerful combination of a proven business, an iconic property, and a loyal customer base. This is a thriving, fully functioning operation, now available for a planned transition to the next owner who will carry its growth forward. This offering includes: The Business: A strong, established retail operation supported by long-standing vendor relationships and diverse shopping experiences. Intellectual Property: Recognized branding, established marketing channels, and a loyal, engaged following. Real Estate: The historic 1895 Opera House building, one of the most significant architectural landmarks in downtown Hico. Why Hico Mercantile Is Unmatched A historic property in the heart of downtown Hico with exceptional character and visibility. A stable, profitable business with consistent sales history and repeat customers. A large and loyal customer base amplified by a growing social media presence. Annual events that drive dependable traffic and sustained community engagement. A curated vendor mix that keeps the shopping experience fresh, unique, and in high demand. Long-standing vendor partnerships providing consistency, collaboration, and predictable revenue. A proven revenue model blending both rental income and commission streams. This is not a distressed sale. The Mercantile is thriving today and positioned for continued expansion. Opportunities like this do not come available often, and serious buyers are encouraged to act quickly. Offered at $2,950,000

Features of 101 N Elm Street

MLS® # 21121041
Price $2,950,000
Bathrooms 0.00
Acres 0.16
Year Built 1895
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 101 N Elm Street
Subdivision Orig Hico
City Hico
County Hamilton
State TX
Zip Code 76457

Amenities

Utilities City Sewer, City Water
Garages On Street, Open
Is Waterfront No
Pool On Property No

Interior

Heating Central, Electric
Fireplace No
# of Stories 2
Stories 2

Exterior

Roof Other
Construction Brick, Concrete
Foundation Slab

Additional Information

Flooring Tile, Concrete
Net Income $225,000
Building Sqft 11,000
# Units 1
Building Use Retail
Commercial Features Retail
Zoning Commercial

Listing Details

AgentJonathan Cook
OfficeRealty Of America, LLC
Contact Info512-788-9495

Listing Map

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