Link Copied
Listed price in listed location currency (USD).
$2,950,000

000

MLS® 21121041

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $11,851
Days Active 2
Approx. Age 1895
MLS® Number 21121041

Property Address: 101 N Elm, Hico, TX, 76457-2063

Average square foot calculated using Size range provided by listing 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
MLS® Number21121041
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1895
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Business, Land & Improvements

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 2, 2025List Date
$2,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
101 N Elm, Hico, TX

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties