Historic Downtown Retail
101 N Elm Street, Hico, TX 76457
- Added:
- Feb 9, 2026
- Days on Market:
- 114
- Last Refresh:
- Jun 3 at 11:06 am
Property Features for 101 N Elm Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- On Street, Open
- Standard status
- Active
- 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
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1895
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Brick, Concrete
Listing agent Jonathan Cook License #0634613 (281) 861-6199
Listing office Realty Of America, LLC CYPRESS, TX (512) 788-9495
Listing date Feb 9, 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 in Hico, Texas
- Brick and concrete construction with concrete and tile flooring
- Public utilities: public water and public sewer
- Heating includes electric and central systems; cooling includes electric and central air
- On‑street and open parking
- Offered at $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.
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
Location Insight
- Map
- Local Demand
- City
- Hico
- County
- Hamilton
- State
- Texas
- Longitude
- -98.03214
- Latitude
- 31.981859
Nearby Similar for Sale
FAQs
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 in Hico, Texas; Brick and concrete construction with concrete and tile flooring; Public utilities: public water and public sewer
