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Two-Story Restaurant with Event Space
For Sale
$960,000

128 N Pecan Street, Hico, TX 76457

CommercialSale, Hico, TX

Property Size7,600 SF
Lot Size0.11 Acres
Price / SF$126.32
Days on Market90

Property Features for 128 N Pecan Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features On Street
Accessibility Accessible Approach with Ramp
Subdivision Orig Hico
Directions From the light at Hwy 281 and Hwy 6 in Hico, go east on Hwy 6 (2nd St), property is on the right on the SW corner of N Pecan and Hwy 6.
Standard status Active
APN R000020284
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description S1/2 OF 7 BLK 09 (1) ORIG HICO; 25X115
Tax Annual Amount 2991
Legal Description S1/2 OF 7 BLK 09 (1) ORIG HICO; 25X115

Utilities

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

Building Details

Year built 1900
Floors in Building 2
Number of units 1
Flooring type Combination
Roof type Flat
Listing Agency: Keller Williams Brazos West · Keller Williams Realty
Listed By: Ashley Haile · License #0759491
Added: Jun 11 Changed: Sep 2 Last Checked: Sep 8 at 7:06AM
MLS# 21296215

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.

Investment Insights

Based on property information with market context.

This two-story restaurant property includes the operating business, furniture, fixtures, equipment, inventory, and supplies. The approximately 7,600-square-foot building offers two main-level dining areas, a full-service bar, and an upper-level event and entertainment venue with a second bar, pool table area, and dedicated restrooms. More than 1,700 square feet of second-story outdoor deck space adds covered and open-air dining and entertainment areas, along with a grill and bar setup. The roof was replaced at the end of 2025.

The property occupies the corner of North Pecan Street and Highway 6 in downtown Hico. Public water and sewer serve the site, with on-street parking and an accessible approach with ramp. Central heating and cooling are installed, with electric service for both systems.

Key Highlights

  • Approximately 7,600 square feet in a two‑story restaurant building
  • More than 1,700 square feet of second‑story outdoor deck dining and entertainment space
  • Two main‑level dining areas, full‑service bar, and upper‑level second bar

Property Analytics

Current Use

Jersey Lilly's Mexican ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 36% Groceries 16% Home Improvements & Furnishings 8%
SONIC Drive In Dining
12,103 visits/mo 0.2 miles
Lowe's Market Groceries
5,055 visits/mo 0.1 miles
Dollar Tree Shops & Services
4,395 visits/mo 0.2 miles
Dollar General Shops & Services
4,006 visits/mo 0.4 miles
Allsups Shops & Services
2,691 visits/mo 0.3 miles

Demographics for 76457, TX

3,770
Population
2,092
Households
1.8
Avg Household Size
46
Median Age
24%
College-Educated
91%
High-School Grad
322.1 sq mi
ZIP Area
12
Density / Sq Mi
$64,063
Median Household Income
$36,003
Median Earnings
$972
Median Rent
$217,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant sale includes furniture, fixtures, equipment, inventory, and supplies for continued service.
Where is this conventional restaurant located?
The property is located at 128 N Pecan Street Hico, TX.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Approximately 7,600 square feet in a two‑story restaurant building; More than 1,700 square feet of second‑story outdoor deck dining and entertainment space; Two main‑level dining areas, full‑service bar, and upper‑level second bar
More about this property
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