(Undisclosed Address)

$878,000

0 Beds
0 Baths
0 Sqft
.1 Acres
0 Garages

REDUCED. $135,833 Net Operating Income. $89,639 Net Cash Flow. 25.52% 1st year cash on cash. 15.47% CAP. 2.94 Debt Service Coverage Ratio. Maxine's Caf and Bakery on Main ST in historic Downtown Bastrop. Established in 1997. Voted Best of Bastrop 2019 Overall Restaurant, Breakfast, Dessert and Home Cooking. Current owner 10 years. Owner retiring. Real estate and/or business for sale. Possible owner finance. Recently added adjacent 1,000 SF now 3,041 SF on two tracts. Not in flood zone. Over $40M in unmet restaurant and bar local demand in County. Growth rate nearly identical to Austin.

Essential Information
MLS® #78761
Price$878,000
Acres0.10
TypeCommercial Sale
Sub-TypeRestaurant
StatusActive
Community Information
AddressN/A
SubdivisionOther
StateTX
Zip Code78602
Amenities
UtilitiesCity Electric
FeaturesBusiness Opportunity
ParkingOff-Site Parking
Heating

Central Electric A/C, Central Electric Heat

Exterior
RoofStanding Seam
ConstructionHistoric Rock
FoundationConcrete Slab
Additional Information
ZoningC-1
Listing Details
AgentDiane Alexander
This (property or listing) is courtesy of

Southwest Partners & Global Partners - FBG

LISTING MAP

Get directions to this property:

The information being provided by the Central Hill Country Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.