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$2,800,000
13 Days On Site

103 S Pecan Street
Hico, TX 76457

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
16,722
SqFt
$167
/SqFt
1896
Built
Subdivision:
Orig Hico
County:
Hamilton
Call Now: 817-458-8616
Is this the listing for you? We can help make it yours.
817-458-8616
103 S Pecan Street103 S Pecan Street103 S Pecan Street103 S Pecan Street
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Monthly Payment (Est.)

$12,775
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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

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Listing Snapshot
Price 
$2,800,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,722 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.198 Acres
Year Built 
1896
MLS® Number 
21276587
Status 
Active
Property Tax 
$8,950
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.198
Foundation 
Pillar/Post/PierSlab
Number Of Stories 
2
Parking 
Alley AccessOn Street
Property Sub Type 
Hotel/Motel
Security 
Carbon Monoxide Detector(s)Fire AlarmFire Sprinkler SystemSecurity System OwnedSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
16722
Water Source 
Public
Zoning 
F - Commercial (General)
Interior Features
Cooling 
Ceiling Fan(s)Central AirElectricMulti UnitsZoned
Flooring 
CarpetConcreteHardwood
Heating 
CentralElectricSpace HeaterZoned
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Exterior Features
Construction Details 
Wood SidingBrickStonePlaster
Lot Features 
Corner Lot
Road Frontage 
City Street
Roof 
FlatSynthetic
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible BedroomAccessible Doors
Financing Terms Available 
1031 ExchangeCashConventional
Listing courtesy of Brad Harrison of Clark Real Estate Group bradharrison@clarkreg.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-07-21 10:54 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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