905 Bastrop Main Street, Bastrop

$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 Cafe 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. 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 with much higher property value trends, higher percent 500K net worth, lower crime. 1 MI or less from Buc-ee’s, TX 71 or TX 21.

Essential Information
MLS® #14191760
Price$878,000
Bathrooms0.00
Acres0.10
Year Built1927
TypeCommercial
Sub-TypeSale
StatusActive
Community Information
Address905 Bastrop Main Street
SubdivisionBUILDING BLOCK 4 W
CityBastrop
CountyBastrop
StateTX
Zip Code78604
Amenities
GaragesOn Street
Utilities

City Sewer, City Water, Concrete, Curbs

Features

Cooler/Freezer, Fire Alarm, Security Lighting, Security System, Single User

Interior
# of Stories1
Stories1
Heating

Central Air-Elec, Central Heat-Elec

Exterior
RoofMetal
ConstructionRock/ Stone
FoundationSlab
Additional Information
ZoningC-1
Listing Details
AgentDiane Alexander
Office

Southwest Partners Global International Realty

Property History
Price Increased from $829,000 to $878,000
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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on October 23rd, 2019 at 7:15am CDT.

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.