101 N Elm St, Hico, TX, TX 76457

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Sold Price
$?
List Price
$2,950,000
Closing Date
Jun 23, 2026
MLS#
21121041
Status
CLOSED
Type
Commercial
Subtype
CommercialSale
Year Built
1895
Construction Status
Preowned
Acres
0.16
County
Hamilton
City
Hico
Subdivision
Orig Hico

Property 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

Additional Information

Unexempt Taxes
$11,851
Tenant Pays
Other
Lot Size
7,100
Acres
0.16
Flooring
Concrete, Tile
Foundation
Slab
Roof
Other
Building Stories
2
Parking Garage
Open, On Street
Possession
CloseOfEscrow
Proposed Use
Retail
Inclusions
Business, Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Jonathan Cook from Realty Of America, LLC. Contact: 512-788-9495

Selling Office: Realty Of America, LLC.

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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