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Historic Downtown Retail Building

101 N Elm Street, Hico, TX 76457

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Pending

$2,950,000

SINGLE_FAMILY - Hico, TX

Type:Retail

Lot size:

0.16 Acres

HighLights

Historic 1895 opera house building on a downtown corner lot
Brick and concrete construction with concrete and tile flooring
Central heating with electric heat; central air conditioning (electric)
Public water and public sewer service
On‑street and open parking features
Offered price: $2,950,000

We can help!

Listing Contact

Jonathan Cook

Pending

$2,950,000

SINGLE_FAMILY - Hico, TX

Type:Retail

Lot size:

0.16 Acres

Added:: Jun 8, 2026
Days on Market:: 10
Last Refresh:: Jun 17 at 3:06 am

Property Features for 101 N Elm Street

General Information

Property type: Residential
Property subtype: Retail
Parking features: On Street, Open
Standard status: Pending
APN: R20123
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Description: 1 & S PT OF 2 BLK 07 (1) ORIG HICO; 61.81X1
Tax Annual Amount: 11851

Utilities

Sewer type: Public Sewer
Heating system: Central, Electric (Heating)
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 1895
Floors in Building: 2
Number of units: 1
Flooring type: Concrete, Tile
Building materials: Brick, Concrete

We can help!

Listing Contact

Jonathan Cook

Listing agent Jonathan Cook License #0634613

Listing office Realty Of America, LLC Cypress, TX

Listing date Jun 8, 2026

MLS# 21121041

Copyright © 2026 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.

HighLights

Historic 1895 opera house building on a downtown corner lot
Brick and concrete construction with concrete and tile flooring
Central heating with electric heat; central air conditioning (electric)
Public water and public sewer service
On‑street and open parking features
Offered price: $2,950,000

Overview

This offering combines a thriving retail business with the historic real estate it occupies. The property is the 1895 Opera House building, described as one of the most significant architectural landmarks in downtown Hico, and it is presented as a fully functioning, stable operation. The package includes the business along with recognized branding and established marketing channels, supported by a loyal and engaged following. The revenue model blends rental income and commission streams, with long-standing vendor relationships and a curated vendor mix that keeps the shopping experience consistent and in demand.

The building sits on a downtown corner lot, with visibility tied to its central location and historic character. The current tenant operation is positioned as a premier destination in downtown Hico, supported by a large customer base, repeat customers, and a stated growing social media presence. Annual events are part of the traffic-generating strategy, contributing to sustained community engagement and dependable business flow.

For a buyer seeking a turn-key downtown retail ownership opportunity, this presents a proven platform designed for continuity and planned transition. With established vendor partnerships, a stable revenue structure, and the iconic nature of the 1895 building, the asset is suited to an owner-operator or an investor looking to maintain a functioning retail destination while supporting ongoing growth.

Property Profile Location Intelligence

Current Use by Public Records

Hico Mercantile Home Decor Store

Suggested Use

Location Insight

Map
Local Demand

City: Hico
County: Hamilton
State: Texas
Longitude: -98.03214
Latitude: 31.981859

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For sale
Retail space
TX
Hico
76457
101 N Elm Street

What type of property is this?

Retail space - Fully functioning retail operation in a historic 1895 opera house building on a downtown corner lot.

Where is this retail space located?

The property is located at 101 N Elm Street Hico, TX.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Historic 1895 opera house building on a downtown corner lot; Brick and concrete construction with concrete and tile flooring; Central heating with electric heat; central air conditioning (electric)

101 N Elm Street, Hico, TX 76457

SINGLE_FAMILY - Hico, TX

Property Features for 101 N Elm Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Retail Building with Warehouse

Turnkey Restaurant with Outdoor Deck

Permitted Dairy Farm Operation

Stone Commercial Building for Flex Use

Flexible Retail and Office Property

Turnkey Luxury Ranch Land

Vineyard and RV Park Development Land

Restaurant Building with Outdoor Deck

Retail-Showroom with Warehouse Space

Cabin Retreat Income Property

Hilltop Lake Ranch Estate

Texas Vineyard Estate with Hacienda

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