101 N ELM STREET, HICO, TX 76457

Homes for sale in Hico.

Homes for sale in 76457.


Status of the property has changed, please contact for details

List Price$2,950,000

101 N Elm Street

Hico, TX 76457

Listing Image Listing Image

Listing #21121041

11,000

Square Feet

1

Number of Units

Commercial

Type

About This Property

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

Property Features

Location Information

County

Hamilton

Subdivision

Orig Hico

Interior Features

Has Fireplace

No

Floors

Concrete, Tile

Heating

Central, Electric

Total Number of Units

1

Cooling

Central Air, Electric

Exterior Features

Construction

Brick, Concrete

Lot Size in Sq. Ft.

7,100

Foundation

Slab

Possible Best Use

Retail

Roof

Other

Zoning

Commercial

Utilities

Sewer Available, Water Available

Building Total Area (Sq. Ft.)

11,000

Parking Description

Open, On Street

Road Description

City Street

Lot Size in Acres

0.163

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

COM

Tax Annual Amount

11851.0

Property SubType

Retail

Exclusions

Minerals

Year Built

1895

Lot Acres Source

Assessor

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