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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.

Agent Description

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

1895

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

101 N Elm Street

Hico, TX 76457

Orig Hico

Property Details

Flooring

ConcreteTile

Construction

BrickConcrete

Parking

On StreetOpen

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

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.

JC

Jonathan Cook

Agent at Realty Of America, LLC

(512) 788-9495

Listed by Realty Of America, LLC · View on Broker Site

MLS# 21121041· Source: listhub· Updated today

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101 N Elm Street, Hico, TX 76457

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