Home Details for 101 N Elm Street

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

• Cooling Information

  • Central Air
  • Electric

• Heating Information

  • Central
  • Electric

• Parking

  • On Street
  • Open

• Water Features

  • Public