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101 N Elm Street
Hico TX 76457 US

$2,950,000

Active Listing ID 21121041
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Lot: 0.16 Acres
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Retail

$2,950,000

Active Listing ID 21121041
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101 N Elm Street 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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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air, Electric
  • Floor Covering: Concrete, Tile
  • Heating Fuels: Central, Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 2950000
  • unparsedaddress: 101 N Elm Street
  • postalcity: Hico
  • stateorprovince: TX
  • country: US
  • postalcode: 76457
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.163
  • lotsizeunits: Acres
  • lotsizearea: 0.163
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 31.981859
  • longitude: -98.03214
  • listagentfullname: Jonathan Cook
  • listagentemail: jonathan.cook@realtyofamerica.com
  • listagentkey: 3yd-NTREIS-0634613
  • listagentmlsid: 0634613
  • listagentpreferredphone: 5127889495
  • listagentofficephone: 5127889495
  • listofficekey: 3yd-NTREIS-AR3551
  • listagentstatelicense: 0634613
  • listofficemlsid: AR3551
  • disclaimer: 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.
  • sourcesystemid: NTREIS
  • yearbuilt: 1895
  • countyorparish: Hamilton
  • parcelnumber: R20123
  • cooling: Central Air, Electric
  • constructionmaterials: Brick, Concrete
  • flooring: Concrete, Tile
  • heating: Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Open
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.03214, 31.98186
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Of America, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jonathan.cook@realtyofamerica.com", "ListBrokerageCity":"CYPRESS", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty Of America, LLC", "ListBrokeragePhone":"281-861-6199", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"16700 HUFFMEISTER RD", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16700 Huffmeister Rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0498770", "ListOfficeCity":"Cypress", "ListOfficeCountry":"US", "ListOfficeEmail":"tx.broker@realtyofamerica.com", "ListOfficePostalCode":"77429", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Hico, TX", "ListingURL":"https://listings.listhub.net/pages/NTREIS/21121041/?channel=rexren", "MLSModificationTimestamp":"2025-12-15T10:14:18Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Retail", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2025 1:13:22 AM GMT
Source Updated Date: 12/20/2025 1:22:13 PM GMT

Courtesy of: Jonathan Cook, Realty Of America, LLC, jonathan.cook@realtyofamerica.com

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.