101 Elm, Hico, Texas

Description

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

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.