101 N Elm St

Hico, TX 76457
  • $2,950,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 11,000

    SqFt

About the Listing AR3551 - 0634613

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

Listing Highlights

Status Active
Days on Site 12
Property Type Commercial Sale
MLS ® 21121041
Year Built 1895
Total Square Footage 11,000
Lot/Acreage 0.16
County Hamilton
Neighborhood Orig Hico

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Concrete,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: N/A
  • Zoning: Commercial
  • Roof: Other
  • Others: Preowned
  • Sewer:
  • Parking Features: On Street,Open

Financial Details

  • Tax Amount: $11,851
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R20123
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

101 N Elm St Hico, TX 76457

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