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Hico Commercial Building + Retail Gift Store

Status: Under Contract
Price: $1,499,000
Acres: 0.86 +/-
Type: Commercial, Business Opportunity
Address: 101 S. Pecan Street
City, State: Hico, Texas
County: Hamilton
ZIP Code: 76457
Lat/Long: 31.9812444, -98.0305592
Presented By: Tai Klam
Dwelling Sq Ft: 6,488
Bedrooms: 1
Bathrooms: 1.5

Description

101 S. Pecan Street Hico, Texas- Lot size .086

For sale commercial historic building in Hico, Texas as well as an established retail business {Sugar Moon Market} with 15 years experience in the antique and gift market. This sale is for the building + inventory + FF&E. (Excludes Sellers personal items in apartment)

Why buy in Hico, Texas: Hico, Texas is near the top of the scenic Texas Hill Country, at the crossroads of Highways 281, Highway 6. Hico is a quick trip from Dallas, Fort Worth, Austin or Waco-making it the perfect getaway for an afternoon or a weekend trip. Hico is a great place to come and visit the Billy the Kid Museum, Hico City Park, and the many retail businesses and restaurants in the downtown area.Whether You Are driving down through Austin and the Texas Hill Country and need a good place to stop, or going up to the Dallas Fort Worth Metroplex from your hunting lease, or perhaps just wanting to get out for a weekend getaway, Hico is the place for a day trip or weekend getaway!

Hico has tons to offer tourism,taking in almost 50 acres along both sides of the Bosque River, Hico City Park offers RV sites, hike and bike trails, playground equipment and covered meeting facilities conducive to family reunions and other outdoor gatherings. There are several inns, & airbnb's to stay in as well.

In the countryside surrounding Hico, you will find places to hunt, fish and ride horses. Hico is within a 30-mile radius, where you will find attractions such as Dinosaur Valley State Park, Circle T Arena, Fossil Rim Wildlife Center and the Dublin Bottling Works (formerly known as the Dublin Dr. Pepper Museum). There are an estimated 9,500 cars a day pass thru 281 & Highway 6, which are both National Hwy frontage according to TXDOT. Hico is home of the Texas Steak Cook Off bringing 10,000 people to town every May. Just in the past year Hico's downtown has seen growth with buildings being renovated, new restaurants, boutiques and bars all that have increased the towns tourism.

The Building:The historic building was built 1893 with 14 ft. ceilings on first floor and 12 ft. on the second floor. It first housed C.L. Lynch Hardware. During this time a college was holding classes on the second floor.Hence the 54-foot slate chalkboard on the second floor. At this time, Hico was a booming town, and the city didn't want the college. John Tarleton then moved on to Stephenville and started Tarleton College there in 1899. Later Western Auto was housed here selling bicycles, wagons, law mowers etc. The seller has stated "Fun stories I've heard during my soon to be 16 years but always enjoyed hearing them about this building and how it played a role in peoples lives."

About Sugar Moon Market: Sugar Moon Antiques purchased this building in April 2006 and began renovations immediately and opened the first floor July 22, 2006. January 2007 completed 2nd floor renovations. Initially, inventory consisted of antiques only. Acquired antiques going to estate sales, antique faires, Round Top/Warrenton antique shows in spring and fall. The proprietor has made a few trips to Brimfield, Massachusetts for the antique shows. She began to have trouble finding one-of-a-kind antiques, so she decided she needed to diversify and carry a few other specialty items. She attended Dallas Markets in early 2008 and purchased a collection(s) of Flax Designs linen women's Spring/Summer inventory. It was very popular and proved to be a hit. While attending Dallas Market, she branched out and chose some gift line items and a few home decor lines. Spring 2009 launched website for Fg Clothing, a women's' linen clothing line. The number of clothing lines and accessories she carries has increased to a great selection that is offered in store and online.


In 2012 she was given the opportunity to travel to the UK on an antique buying tour. What a DREAM come true for the business! She was there for 10 days and went to several antique fairs and shops. The purchased items were shipped back to Texas and it was truly like Christmas when she received the delivery. What a wonderful experience and able to acquire an abundance of true antiques, not some that were going to be in other shops in the area. Since she has many containers delivered to the location two to three times a year. Other ways she has gained her wide customer base is from yearly flea markets held right in the downtown Hico area, which attracted customers from all over. With the closing of shop during the pandemic, it was the ideal time to add product to the website as folks were limited on their local shopping this has increased sales and revenue for the store as well.

She has truly loved this business for the last 15+ years, and it has never really felt like a job! "When you do what you like it is not a job." She has meet and became friends with a lot of wonderful folks. But now she has reached the time and age where she wants to travel more, and this is her desire now, if, and when, it is meant to be.

Building Size: 32.5' x 115' Historic Brick Building with two floors- (1) downstairs bathroom and a large apartment on the 2ndfloor with full size bathroom, laundry room, and balcony.

*FF&E + Inventory will be discussed at the listing appt.; Seller owns almost 90% of the inventory. There are only 2 booths spaces that are rented out.

*24 hour notice for ALL showings.

Prospects may be required to provide proof of funds or a letter of qualification prior to scheduling a showing. Exclusively Listed by Stefanie Cobb (972) 989-5220 and Tai Cobb-Klam (254) 253-0157. Cobb Properties strives to represent all properties accurately. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. *Buyer(s) agent/broker must be identified on first contact, and must accompany buying prospect on first showing to be allowed the possibility of fee participation. If this condition is not met, fee participation will be at sole discretion of this firm. All photos belong to COBB PROPERTIES. Buyer(s) will be asked to sign a confidentially clause.

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