Carla Phillips
Carla Phillips Realty
License number: 0617734
mobile: 682-999-0747
 http://www.­carlaphillipsre­alty.com
PO Box 301
 Hurst, TX 76053, United States
$2,950,000
101 Elm Street, Hico, Texas 76457, USA
MLS#
21121041
Property type
Commercial for sale, Retail
Property Size
17,580 sqft (1,633.182 m2)
Land size
0.16 sqft (0.01 m2)
Building Size
11,000 sqft (1,021.9 m2)
Status
Sale price per sqm
1,806.23 $
Virtual Tour
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
Property Details
1895 Year Built:
Concrete/Block, Brick Construction:
Resale Condition:
Handicapped Features Property Features:
concrete Floors:
city water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric Cooling System:
On Slab Basement and Foundation:
Parking / Garage
On Street, Open Parking Parking type:
Lot Land Information
Less Than 0.5 Acre Lot size:

Listing by: Realty Of America, LLC
The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright © NTREIS 2026. All Rights Reserved.

   Immobel

Agent Only


Texas Real Estate Commission Information About Brokerage Services | Texas Real Estate Commission Consumer Protection Notice