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Restaurant Building with Outdoor Deck
For Sale
$960,000

128 N Pecan Street, Hico, TX 76457

Turnkey two-story restaurant with indoor dining, full-service bars, and second-story outdoor deck for events and gatherings.

Property Size7,628 SF
Price / SF$337.67
Days on Market61

Property Features for 128 N Pecan Street

General Information

Standard status Active
Size 7,628 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes

Building Details

Building Size 7,628 SF
Year Built 1900
Stories 2
Units 1
Listing Agency: Keller Williams Brazos West
Listed By: Ashley Haile · License #0759491
Source: Signaturere
Added: Jun 12 Changed: Aug 8 Last Checked: Jun 16 at 1:51AM

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 Keller Williams Brazos West

Investment Insights

Based on property information with market context.

This turnkey restaurant offering includes an iconic two-story building plus the furniture, fixtures, equipment, and supplies needed to continue operations immediately. The property features a covered and open-air second-story outdoor deck dining and entertainment area, along with a main level designed for guest service. On the main floor, there are two spacious dining areas and a full-service bar, complemented by a custom welded chandelier. The rooftop deck includes a grill and full service bar setup for outdoor entertaining. Upstairs, the expansive event and entertainment venue includes a second full-service bar, a pool table area, and dedicated restroom facilities, supporting private parties, special events, and live entertainment, as well as additional dining capacity. The building also has a roof replacement completed at the end of 2025.

The restaurant is positioned at a highly visible corner location in historic downtown Hico, at the intersection of North Pecan Street and Highway 6, supporting accessibility for both walk-in patrons and passing traffic.

For restaurateurs, operators, or investors seeking a ready-to-run concept, the flexible two-level layout supports multiple service styles—from day-to-day dining to catered events and entertainment. With the necessary equipment and in-place infrastructure included in the sale, the property is suited for continued operation, concept expansion, or adding new entertainment offerings without relocating or rebuilding from scratch.

Key Highlights

  • Jersey Lilly's Mexican Restaurant for sale with turnkey business, including furniture, fixtures, equipment, inventory, and supplies
  • Approximately 7,600 SF two‑story building (year built 1900) at the corner of North Pecan Street and Highway 6 in downtown Hico
  • Main level includes two dining areas and a full‑service 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

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 - Turnkey two-story restaurant with indoor dining, full-service bars, and second-story outdoor deck for events and gatherings.
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: Jersey Lilly's Mexican Restaurant for sale with turnkey business, including furniture, fixtures, equipment, inventory, and supplies; Approximately 7,600 SF two‑story building (year built 1900) at the corner of North Pecan Street and Highway 6 in downtown Hico; Main level includes two dining areas and a full‑service bar
More about this property
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