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    101 N Elm Street Hico, TX 76457

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    For Sale
    $2,950,000

    Thriving retail business and iconic property for sale.

    Type:Commercial
    Property size:
    11,000 SF
    Price / SF:
    $268/SF
    Added:
    Apr 25, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 25 at 9:41 am

    Property Features for 101 N Elm Street

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1895

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    Listing Contact
    Jonathan Cook

    Listing agent Jonathan Cook

    Listing office Realty Of America, LLC

    Listing date Apr 25, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Realty Of America, LLC


    Overview

    Historic Hico Mercantile Opportunity

    Located on a corner lot in downtown Hico, Texas, the Hico Mercantile is a retail operation housed in the historic 1895 Opera House building. This offering includes the business, intellectual property, and real estate. The business is a strong, established retail operation supported by long-standing vendor relationships and diverse shopping experiences. The intellectual property includes recognized branding, established marketing channels, and a loyal, engaged following. The real estate is the historic Opera House building, one of the most significant architectural landmarks in downtown Hico. The property is a historic property in the heart of downtown Hico with exceptional character and visibility. The business has a stable, profitable business with consistent sales history and repeat customers. It benefits from a large and loyal customer base amplified by a growing social media presence. Annual events drive dependable traffic and sustained community engagement. A curated vendor mix keeps the shopping experience fresh, unique, and in high demand. Long-standing vendor partnerships provide consistency, collaboration, and predictable revenue. A proven revenue model blends both rental income and commission streams. The Mercantile is thriving and positioned for continued expansion. The property size is 11,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Hico Mercantile Home Decor Store

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant Skin Care Clinic Gym & Fitness Center Pharmacy Building Supply Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cherish the Day 606 N 2nd St, Hico, TX 76457

    Location Insight

    • Map
    • Local Demand
    City
    Hico
    County
    Hamilton
    State
    Texas
    Longitude
    -98.03181
    Latitude
    31.981443

    FAQs

    What type of property is this?
    Storefront property - Thriving retail business and iconic property for sale.
    Where is this storefront property 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: Thriving, fully functioning retail business with a proven revenue model and consistent sales history.; Historic 1895 Opera House building, a significant architectural landmark in downtown Hico.; Established branding, marketing channels, and a large, loyal customer base with a growing social media presence.
    More about this property
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