$685,000 • 0.15 acres
This retail space is located in the precious town of Hico, Texas! Hico, Texas is near the top of the scenic Texas Hill Country, at the crossroads of Highways 281, 6, and 220. Hico is a quick trip from Dallas, Fort Worth, Austin or Waco making it the perfect getaway for afternoon or a weekend trip. Hico is a great place to come and visit the Billy the Kid Museum and Hico City Park. 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 to stop! 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. In the countryside surrounding Hico, you will find places to hunt, fish and ride horses. Hico is within a 30-mile radius, 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 8,000 cars a day that pass thru 281 National Hwy frontage in Hico and Hico is home of the Texas Steak Cook Off bringing 10,000 people to town every May! This commercial/retail space offers a lot . Two story rock building built in 1902 Overall measurement approx. 6670 sq. ft. New TPO commercial roof installed March 2019 Northside and rear rock completely repointed A/Cs, wiring, plumbing all updated or installed new in 2013 Original hardwood floors refinished Security & cameras installed on Drink Shoppe side Historically home to Post Office, Masonic Lodge, Telephone Switchboard Office, Car Dealership, News Stand Current Use: Current home to boutique hotel, retail and restaurant space. Upstairs operating as 3 room boutique hotel Downstairs set up as sandwich shop, retail Drink Shoppe and office space Potential Use: Great potential for retail, restaurant, inn or B&B office or event space Options are limitless Existing store's furniture, fixtures and equipment all included. Specific list to be provided Downstairs Details: Downstairs is currently set up for 2 separate retail spaces, which can easily be opened into one larger area. Each side has individual a/c units/meters Office space with separate restroom is accessible from side entrance - Measures approx. 10 x 17 (170 sq ft) Rear entrance to laundry/utility room also includes a restroom. A separate rear entrance to storage area and back stairway to upstairs. Upstairs Details: Currently operated as 3-room boutique hotel. Fully furnished with period antiques Each room has private bathroom / individually controlled heat & air Three a/c heating units Large living/common area Approximately 23 x 47 (1,081 sq. ft.) of additional space ready to be converted or used for expansion Property sale excludes all retail inventory, sale will covey furniture and fixtures only. Businesses are currently managed by the Seller and are available for purchase. Property Tax - $8,000/yrInsurance - $7,000/yr (Included liquor liability)Utilities - $16,000 (Included Gas/Electric/Water/Trash) 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.