Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

  • Heating YN

    YES

  • Heating

    Central, Electric, Space Heater, Zoned

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Brick, Stone, Plaster

  • Parking

    Alley Access, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.198

  • Lot Size(square feet)

    8,624

  • Property Type

    Commercial Sale

  • Property Sub Type

    Hotel/Motel

Price

  • Sales Price

    $2,800,000

  • Tax Amount

    $8,950

  • Zoning

    F - Commercial (General)

  • Sq. Footage

    16,722

  • Price/SqFt

    $167

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Accessibility Features

    Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors

  • Foundation Details

    Pillar/Post/Pier, Slab

  • Sewer

    Public Sewer

  • Tax Lot

    9, 10

  • Water Source

    Public

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Location

County

Hamilton

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Listing Courtesy of Brad Harrison, Clark Real Estate Group

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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 Street

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