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101 N Elm St

hico, TX 76457

$2,950,000

    INTERESTED? LET'S CONNECT

    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

    Details

    11,000 Sq Ft

    7,100.28 Sq Ft Lot Size

    Commercial

    Built in 1895

    MLS/Listing ID 21121041

    2 Stories

    1 Units

    Amenities & Features

    Parking - On Street

    Parking - Open

    Construction - Concrete

    Construction - Brick

    Cooling - Electric

    Cooling - Central Air

    Tile

    Concrete

    Slab

    Heating - Electric

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    Interested in 101 N Elm St?