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125 N Pecan St 2,875 SF 100% Leased Retail Building Hico, TX 76457 $540,000 ($187.83/SF)



Investment Highlights
- Located on Hico’s historic Pecan Street within a thriving retail and dining district.
- Surrounded by popular boutiques, restaurants, and the landmark Midland Hotel.
- Part of an active tourism hub that attracts locals and travelers year-round.
- Offers a versatile open-concept floor plan with updated restroom facilities.
- Features central HVAC, public utilities, and durable interior finishes.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,875 SF
Building Class
C
Year Built
1920
Price
$540,000
Price Per SF
$187.83
Percent Leased
100%
Building Height
1 Story
Building FAR
0.94
Lot Size
0.07 AC
Zoning
Comm; Residential
Parking
2 Spaces (0.7 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R19757 | Improvements Assessment | $165,760 |
| Land Assessment | $8,150 | Total Assessment | $173,910 |
Property Taxes
Parcel Number
R19757
Land Assessment
$8,150
Improvements Assessment
$165,760
Total Assessment
$173,910
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125 N Pecan St
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