128 N Pecan ST, Hico, TX 76457
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128 N Pecan ST, Hico, TX 76457
128 N Pecan ST, Hico, TX 76457
128 N Pecan ST, Hico, TX 76457
128 N Pecan ST, Hico, TX 76457
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OnDemand Realty Commercial

OnDemand Realty Commercial

+1(214) 766-5833
$ 960,000
Est. payment /mo
Active

128 N Pecan ST Hico, TX 76457

7,628 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,628 sqft

Price per Sqft $125

Subdivision Orig Hico

MLS Listing ID 21296215

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,991

Lot Size 4,617 Sqft

Acres 0.106

Property Sub-Type Retail

Property Description

Own more than a business—own a piece of Hico. Jersey Lilly's Mexican Restaurant, one of Hico's most beloved dining destinations, is now being offered for sale complete with the turnkey business, iconic building, furniture, fixtures, equipment, inventory, and supplies needed to continue operations from day one.

Located at the highly visible corner of North Pecan Street and Highway 6 in the heart of historic downtown Hico, this landmark property occupies one of the most recognizable commercial locations in town. The approximately 7,600 square foot two-story building sports a new roof replaced at the end of 2025 and is complemented by more than 1,700 square feet of second-story outdoor deck dining and entertainment space overlooking downtown.

The main level features two spacious dining areas, including a full service bar, while guests are welcomed by a stunning custom welded chandelier created by renowned Hico artisan Bobby Kerr. Upstairs, an expansive event and entertainment venue includes a second full-service bar, pool table area, and dedicated restroom facilities, making it ideal for private parties, special events, live entertainment, or additional dining capacity. The covered and open-air deck areas also feature a grill and full service bar setup designed to accommodate large gatherings and outdoor entertaining.

The property's flexible layout creates multiple opportunities for revenue generation while the established restaurant benefits from strong local support and a loyal customer base. Continue the successful operation, expand the concept, or add new entertainment offerings, the infrastructure is already in place.

As Hico continues to grow as one of central Texas' most popular destinations for dining, shopping, tourism, and weekend getaways, Jersey Lilly's stands at the center of the action. More than just a restaurant, this is a chance to own a true piece of Hico history while stepping into a business positioned for continued success.

Location

State TX

County Hamilton

Zoning Commercial

Direction From the light at Hwy 281 and Hwy 6 in Hico, go east on Hwy 6 (2nd St), property is on the right on the SW corner of N Pecan and Hwy 6.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Combination

Inclusions Business, Furniture, Inventory, Land & Improvements

Fireplace No

Exterior

Parking Features Paved, On Street

Utilities Available Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Flat

Accessibility Accessible Full Bath, Accessible Approach with Ramp

Private Pool No

Building

Story 2

Foundation Other, Slab

Sewer Public Sewer

Water Public

Others

Tax ID R000020284

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21296215


OnDemand Realty Commercial

OnDemand Realty Commercial

License ID: 0674395

+1(214) 766-5833

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128 N Pecan ST