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$180,950
21367052 MLS
Turnkey commercial opportunity on US Highway 281 (Wallnut St) in the heart of Hico, just steps from downtown shopping and dining and a short walk to Hico Hall. This corner lot offers 50 feet of highway frontage plus 115 feet along Avenue B, with a drive-through driveway connecting the alley to Walnut Street and additional parking off the side street. The 2022 Nationcraft food trailer is connected to natural gas, electric, water, and sewer, yet remains fully road-ready if a new owner chooses to relocate. Inside is a complete commercial kitchen with a range and griddle, salamander, double-deck convection ovens, deep fryer, Bain Marie warmer, proofing cabinet, triple-compartment and hand sinks, 10' hood with Ansul suppression, four refrigeration units, and a 24kW Generac standby generator. A drive-thru service window, Square POS, turf patio with tables, umbrellas, and string lights, and a detached garage for storage round out the property. Improvements since 2021 include fill dirt, water, sewer and gas lines, privacy fencing, and the driveway. Sold turnkey with all equipment conveying. Buyer and buyer's agent to verify all information.

307 Walnut St, Hico

$2,800,000
21276587 MLS
Historic Charm Meets Prime Commercial Opportunity! Located on a prominent corner in the Heart of Hico, the iconic *Midland Hotel and Chophouse* is ready for its next chapter. Originally constructed in 1896 and completely restored in 2016-18, this landmark property boasts incredible visibility, historic architectural character, and immense potential for a boutique hotel, premier dining destination, or a multi-use commercial venture. The Hotel and Restaurant-Bar have been in operation since the opening in 2018 and have built a strong reputation and clientele for great food, inviting atmosphere, quality service and hospitality, featuring clean, spacious, comfortable rooms. Situated on the northeast corner of N Pecan St and E 1st St, it offers excellent foot traffic and a commanding street presence. Conveniently located between the DFW Metroplex and Texas Hill Country, Hico has been attracting weekend travelers for the past several years and the Hico Economic Development Corporation along with local investors and developers are well on the way to completely revitalizing the downtown area. Bring your vision to this legendary piece of local history and Turnkey Operation with established branding and an active revenue stream. NOW is your Golden Opportunity to invest in Hico, Texas!!! Included in Sale: *Real Estate (land and building) *All guest room furnishings, restaurant and lobby decor, furniture and fixtures *Complete commercial kitchen and bar (turnkey physical setup) Excluded from Sale: *Current tenant's business entity, personal equipment, software, operational goodwill and customer data *All proprietary recipes, menus and culinary intellectual property *Advertising and social media accounts

103 S Pecan St, Hico

$960,000
1 Baths 21296478 MLS
Own more than a business—own a piece of Hico. Jersey Lilly's Mexican Restaurant, one of Hico's most beloved dining destinations, is now being offered for sale complete with the turnkey business, iconic building, furniture, fixtures, equipment, inventory, and supplies needed to continue operations from day one. Located at the highly visible corner of North Pecan Street and Highway 6 in the heart of historic downtown Hico, this landmark property occupies one of the most recognizable commercial locations in town. The approximately 7,600 square foot two-story building sports a new roof replaced at the end of 2025 and is complemented by more than 1,700 square feet of second-story outdoor deck dining and entertainment space overlooking downtown. The main level features two spacious dining areas, including a full service bar, while guests are welcomed by a stunning custom welded chandelier created by renowned Hico artisan Bobby Kerr. Upstairs, an expansive event and entertainment venue includes a second full-service bar, pool table area, and dedicated restroom facilities, making it ideal for private parties, special events, live entertainment, or additional dining capacity. The covered and open-air deck areas also feature a grill and full service bar setup designed to accommodate large gatherings and outdoor entertaining. The property's flexible layout creates multiple opportunities for revenue generation while the established restaurant benefits from strong local support and a loyal customer base. Continue the successful operation, expand the concept, or add new entertainment offerings, the infrastructure is already in place. As Hico continues to grow as one of Central Texas' most popular destinations for dining, shopping, tourism, and weekend getaways, Jersey Lilly's stands at the center of the action. More than just a restaurant, this is a chance to own a true piece of Hico history while stepping into a business positioned for continued success.

128 N Pecan St, Hico

$960,000
21296215 MLS
Own more than a business—own a piece of Hico. Jersey Lilly's Mexican Restaurant, one of Hico's most beloved dining destinations, is now being offered for sale complete with the turnkey business, iconic building, furniture, fixtures, equipment, inventory, and supplies needed to continue operations from day one. Located at the highly visible corner of North Pecan Street and Highway 6 in the heart of historic downtown Hico, this landmark property occupies one of the most recognizable commercial locations in town. The approximately 7,600 square foot two-story building sports a new roof replaced at the end of 2025 and is complemented by more than 1,700 square feet of second-story outdoor deck dining and entertainment space overlooking downtown. The main level features two spacious dining areas, including a full service bar, while guests are welcomed by a stunning custom welded chandelier created by renowned Hico artisan Bobby Kerr. Upstairs, an expansive event and entertainment venue includes a second full-service bar, pool table area, and dedicated restroom facilities, making it ideal for private parties, special events, live entertainment, or additional dining capacity. The covered and open-air deck areas also feature a grill and full service bar setup designed to accommodate large gatherings and outdoor entertaining. The property's flexible layout creates multiple opportunities for revenue generation while the established restaurant benefits from strong local support and a loyal customer base. Continue the successful operation, expand the concept, or add new entertainment offerings, the infrastructure is already in place. As Hico continues to grow as one of central Texas' most popular destinations for dining, shopping, tourism, and weekend getaways, Jersey Lilly's stands at the center of the action. More than just a restaurant, this is a chance to own a true piece of Hico history while stepping into a business positioned for continued success.

128 N Pecan St, Hico

$540,000
1 Baths 21275590 MLS
Prime downtown Hico commercial opportunity located in the heart of one of Central Texas’ most charming and rapidly growing destinations. Situated mid-block on historic Pecan Street, this approximately 2,825 sq ft building enjoys exceptional visibility and foot traffic along Hico’s thriving shopping and dining corridor. Neighboring landmarks include the iconic Midland Hotel & Chop House, Jersey Lilly’s, and a collection of popular boutiques, restaurants, and attractions that draw both locals and visitors year-round. The property offers approximately 2,075 sq ft of finished retail or showroom space under HVAC, featuring an open-concept layout well suited for retail, office, gallery, event, or studio use. A renovated restroom, storage or back office area, updated plumbing, recent roof, and recent HVAC provide a strong foundation for immediate occupancy or future customization. An additional approximately 750 sq ft warehouse or garage space includes electricity and a roll-up door, offering valuable storage, workspace, or inventory flexibility rarely found in downtown locations. Rich in Hico history, the marquee-style “HICO” sign pays tribute to the building’s former life as a movie theater, adding character and nostalgic charm to this distinctive downtown property. 125 N Pecan is ready for its next chapter in the center of it all.

125 N Pecan St, Hico

$540,000
21274848 MLS
Prime downtown Hico commercial opportunity located in the heart of one of Central Texas’ most charming and rapidly growing destinations. Situated mid-block on historic Pecan Street, this approximately 2,825 sq ft building enjoys exceptional visibility and foot traffic along Hico’s thriving shopping and dining corridor. Neighboring landmarks include the iconic Midland Hotel & Chop House, Jersey Lilly’s, and a collection of popular boutiques, restaurants, and attractions that draw both locals and visitors year-round. The property offers approximately 2,075 sq ft of finished retail or showroom space under HVAC, featuring an open-concept layout well suited for retail, office, gallery, event, or studio use. A renovated restroom, storage or back office area, updated plumbing, recent roof, and recent HVAC provide a strong foundation for immediate occupancy or future customization. An additional approximately 750 sq ft warehouse or garage space includes electricity and a roll-up door, offering valuable storage, workspace, or inventory flexibility rarely found in downtown locations. Rich in Hico history, the marquee-style “HICO” sign pays tribute to the building’s former life as a movie theater, adding character and nostalgic charm to this distinctive downtown property. 125 N Pecan is ready for its next chapter in the center of it all.

125 N Pecan St, Hico

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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