101 N Elm Street, Hico, TX 76457
sale
$2,950,000
|
Retail
Courtesy Of Realty Of America, LLC, Listed By Jonathan Cook
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
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
Read More About This Property
Read Less About This Property
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Concrete
- Floor Covering: Tile
- Floor Covering: Concrete
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: 1 & S PT OF 2 BLK 07 (1) ORIG HICO; 61.81X1
- MLSID: 21121041
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
