101 N Elm Street Hico, TX 76457
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Orig Hico
MLS Listing ID 21121041
Total Fin. Sqft 11000
Year Built 1895
Annual Tax Amount $11,851
Lot Size 7,100 Sqft
Acres 0.163
Property Sub-Type Retail
Property Description
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
Location
State TX
County Hamilton
Zoning Commercial
Direction From the DFW go south on Chisholm Trail Parkway to TX 220 and turn left. Take a right onto Second Street, left on Pecan Street, right at the 1st cross street onto W. 1st St., then turn right on Elm.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Tile
Heat Source Central, Electric
Exterior
Utilities Available City Sewer, City Water
Roof Type Other
Garage No
Building
Foundation Slab
Structure Type Brick,Concrete
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21121041
