Sue Milam Reed, Broker Associate
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101 N Elm Street , Hico, TX 76457

$2,950,000
  • 101 N Elm Street , Hico, TX 76457 Main Photo

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Active
MLS#21121041
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONOrig 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 UnmatchedA 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

101 N Elm Street | MLS# 21121041

This commercial property located at 101 N Elm Street , Hico, TX 76457 is currently listed for sale with an asking price of $2,950,000. Search Hico real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Other
Stories: 2.0
Year Built: 1895

Feature Descriptions

Days on Site: 93
Exclusions: Minerals
Exterior: Brick, Concrete
Flooring: Concrete, Tile
Parcel#: R20123
Parking: On Street, Open
Parking Notes: On Street, Open
Units: 1
Utilities: City Sewer, City Water

Listed By / Shown By

Listed By

Agency Name: Realty Of America, LLC
Agency Contact: 512-788-9495
Agent Name: Jonathan Cook

agent picture

Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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