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About This Home
This 0-bedroom, 0-bathroom commercial at 101 N Elm Street in Hico, TX is listed for $2,950,000. Built in 1895, on a 0.16 acres lot.
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
Key Features
- Built in 1895
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$15,777/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 N Elm Street
Hico, TX 76457
Orig Hico
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 101 N Elm Street is listed at $2,950,000. The estimated monthly payment is $12,783 based on 20% down at 6.5% interest.
Key features include: Built in 1895, 0.16 acre lot.
This property is listed by Jonathan Cook and can be reached at 5127889495 or jonathan.cook@realtyofamerica.com.



