Property Details:
- County or Parish
- Hamilton
- Lot Size
- Less Than .5 Acre (not Zero)
- Lot Size (Acres)
- 0.1980
- Lot Size Area
- 0.1980
- Lot Size (Square Feet)
- 8624.8800
- Zoning Description
- F - Commercial (General)
Interior Information:
- Ceiling Height
- 11 to 14 Feet
- Heating
- Central,Electric,Space Heater,Zoned
- Cooling
- Ceiling Fan(s),Central Air,Electric,Multi Units,Zoned
- Flooring
- Carpet,Concrete,Hardwood
- Stories Total
- 2
Exterior Information:
- Lot Features
- Corner Lot
- Lot Size
- Less Than .5 Acre (not Zero)
- Acres
- 0.1980
- Waterfront
- No
Commercial Info:
- Building Area Total
- 16722.00
- Building Use
- Bar/Taverns,Hotel/Motel,Restaurant
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21276587
103 S Pecan Street
Hico, Texas
$2,800,000
Sign in to save to favorites
Type: Commercial Sale
Year Built: 1896
Remarks: 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
Active
Listed by: Brad Harrison
Back to Search
Ask about this property
Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321