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$2,950,000
New Listing

101 N Elm Street
Hico, TX 76457

For Sale|Retail|Active
0
Beds
0
Total Baths
11,000
SqFt
$268
/SqFt
1895
Built
Subdivision:
Orig Hico
County:
Hamilton
Call Now: 972-863-0792
Is this the listing for you? We can help make it yours.
972-863-0792
101 N Elm Street101 N Elm Street101 N Elm Street101 N Elm Street
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Monthly Payment (Est.)

$13,459
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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

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Listing Snapshot
Price 
$2,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.163 Acres
Year Built 
1895
MLS® Number 
21121041
Status 
Active
Property Tax 
$11,851
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
an hour agoListing updated with changes from the MLS®
an hour agoListing first seen on site
General Features
Acres 
0.163
Foundation 
Slab
Number Of Stories 
2
Parking 
On StreetOpen
Property Sub Type 
Retail
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11000
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Central AirElectric
Flooring 
ConcreteTile
Heating 
CentralElectric
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Exterior Features
Construction Details 
BrickConcrete
Road Frontage 
City Street
Roof 
Other
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Jonathan Cook of Realty Of America, LLC [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-12-02 08:53 AM CST

Neighborhood & Commute
Source: Walkscore
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