101 N Elm Street Hico, TX $ 2,950,000
101 N Elm Street
$ 2,950,000
Recently Listed
Share Save

101 N Elm Street

Hico, TX, 76457
$ 2,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 18,404

101 N Elm Street, Hico, TX 76457 - Image 1
101 N Elm Street, Hico, TX 76457 - Image 2
101 N Elm Street, Hico, TX 76457 - Image 3
101 N Elm Street, Hico, TX 76457 - Image 4
101 N Elm Street, Hico, TX 76457 - Image 5
101 N Elm Street, Hico, TX 76457 - Image 6
101 N Elm Street, Hico, TX 76457 - Image 7
101 N Elm Street, Hico, TX 76457 - Image 8
101 N Elm Street, Hico, TX 76457 - Image 9
101 N Elm Street, Hico, TX 76457 - Image 10
101 N Elm Street, Hico, TX 76457 - Image 11
101 N Elm Street, Hico, TX 76457 - Image 12
101 N Elm Street, Hico, TX 76457 - Image 13
101 N Elm Street, Hico, TX 76457 - Image 14
101 N Elm Street, Hico, TX 76457 - Image 15
101 N Elm Street, Hico, TX 76457 - Image 16
101 N Elm Street, Hico, TX 76457 - Image 17
101 N Elm Street, Hico, TX 76457 - Image 18
101 N Elm Street, Hico, TX 76457 - Image 19
101 N Elm Street, Hico, TX 76457 - Image 20
101 N Elm Street, Hico, TX 76457 - Image 21
101 N Elm Street, Hico, TX 76457 - Image 22
101 N Elm Street, Hico, TX 76457 - Image 23
101 N Elm Street, Hico, TX 76457 - Image 24
101 N Elm Street, Hico, TX 76457 - Image 25
101 N Elm Street, Hico, TX 76457 - Image 26
View a Virtual Tour

Commercial Property for sale in Hico, TX

for $2,950,000. This building was built in 1895 on a lot size of 0.163.

A Rare Opportunity in Historic Hico Texas on a corner lot in downtown. Hico Mercantile stands as one of the premier destinations in downtown Hico, offering a powerful combination of a proven business, an iconic property, and a loyal customer base. This is a thriving, fully functioning operation, now available for a planned transition to the next owner who will carry its growth forward. This offering includes: The Business: A strong, established retail operation supported by long-standing vendor relationships and diverse shopping experiences. Intellectual Property: Recognized branding, established marketing channels, and a loyal, engaged following. Real Estate: The historic 1895 Opera House building, one of the most significant architectural landmarks in downtown Hico. Why Hico Mercantile Is Unmatched A historic property in the heart of downtown Hico with exceptional character and visibility. A stable, profitable business with consistent sales history and repeat customers. A large and loyal customer base amplified by a growing social media presence. Annual events that drive dependable traffic and sustained community engagement. A curated vendor mix that keeps the shopping experience fresh, unique, and in high demand. Long-standing vendor partnerships providing consistency, collaboration, and predictable revenue. A proven revenue model blending both rental income and commission streams. This is not a distressed sale. The Mercantile is thriving today and positioned for continued expansion. Opportunities like this do not come available often, and serious buyers are encouraged to act quickly. Offered at $2,950,000

See more

Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 11,851

Style

Retail

Lot Size

0.163

Year Built

1895

Town/City

Hico

County/Region

Hamilton

MLS | Web ID

21121041

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water
Ceiling Height 11 to 14 Feet
Possession Closing/Funding
Roof Other
Exclusions Minerals
Year Built 1895
Business Type Retail
Property Subtype Retail
Subdivision Name Orig Hico
County Hamilton
Property Type Commercial Sale
Construction Materials Brick Concrete
Year Built Details Preowned
Status Active
Directions From the DFW go south on Chisholm Trail Parkway to TX 220 and turn left. Take a right onto Second Street left on Pecan Street right at the 1st cross street onto W. 1st St. then turn right on Elm.
City Hico
Standard Status Active
Listing Terms Cash Conventional Other
See more
Exterior
Waterfront 0
Lot Size Source Assessor
Parking Features On Street Open
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 11000.00
See more
Interior
Flooring Concrete Tile
Total Stories 2
Total Units 1
See more
Internal Only
Street Number 1 101
See more
* Excluded Features
List By
Jonathan Cook

Listing Agent

Realty Of America, Llc

Broker

Affordability Calculator

$19,392
Per Month
95%
5%
0%
Monthly Principal & Interest
$18,404
Monthly Property Taxes
$988
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$2,950,000 Listed Price

Map


See all

101 N Elm Street, Hico, TX, 76457 is a Commercial Property for sale at $2,950,000 with a lot size of 0.163. 101 N Elm Street was built in 1895. The property's zip code is 76457 which is in Hico, TX