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125 N Pecan St 2,875 SF 100% Leased Retail Building Hico, TX 76457 $798,790 CAD ($277.84 CAD/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
This is an outstanding opportunity to acquire a retail property in the heart of one of Texas’ most iconic small towns. Located along Hico’s historic Pecan Street corridor, the building spans roughly 2,825 sq. ft., with approximately 2,075 sq. ft. of finished retail space under HVAC, offering a flexible open layout suitable for a variety of uses including retail, office, gallery, or studio concepts. Its mid-block position ensures excellent visibility with consistent pedestrian traffic drawn by the town’s well-established dining and shopping attractions.
The property is surrounded by vibrant local landmarks such as the Midland Hotel and Jersey Lilly’s, creating a steady flow of visitors and enhancing consumer appeal. It features durable finishes including polished concrete and luxury vinyl plank flooring, along with updated infrastructure like central HVAC, electrical connections, and public utilities. Zoned for commercial use, this property is ideal for investors seeking a downtown asset geared toward growth and adaptability in a community driven by tourism, boutique commerce, and regional connectivity.
The property is surrounded by vibrant local landmarks such as the Midland Hotel and Jersey Lilly’s, creating a steady flow of visitors and enhancing consumer appeal. It features durable finishes including polished concrete and luxury vinyl plank flooring, along with updated infrastructure like central HVAC, electrical connections, and public utilities. Zoned for commercial use, this property is ideal for investors seeking a downtown asset geared toward growth and adaptability in a community driven by tourism, boutique commerce, and regional connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,875 SF
Building Class
C
Year Built
1912
Price
$798,790 CAD
Price Per SF
$277.84 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.94
Lot Size
0.07 AC
Zoning
Comm; Residential
Amenities
- Storage Space
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R19757 | Improvements Assessment | $227,913 CAD |
| Land Assessment | $11,206 CAD | Total Assessment | $239,119 CAD |
Property Taxes
Parcel Number
R19757
Land Assessment
$11,206 CAD
Improvements Assessment
$227,913 CAD
Total Assessment
$239,119 CAD
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125 N Pecan St
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