905 Main Street, Bastrop

$878,000

0 Bed
0 Bath
0 Acre
0 Garage

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 Café and Bakery on Main ST in historic Downtown Bastrop. Established in 1997. 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. Not in flood zone. Growth rate nearly identical to Austin. 1 MI from Buc-ee’s, TX 71 or TX 21.Restrictions: Yes

Essential Information
MLS® #5804618
Price$878,000
Bathrooms0.00
Acres0.00
Year Built1920
TypeCommercial Sale
Sub-TypeRetail
StatusActive Under Contract
Community Information
Address905 Main Street
AreaBA
SubdivisionBuilding Blk
CityBastrop
CountyBastrop
StateTX
Zip Code78602
Amenities
UtilitiesElectricity Available
FeaturesNone
ParkingNone
ViewCity
WaterfrontNone
Interior
InteriorConcrete, Wood
HeatingCentral
Exterior
Lot DescriptionCorner Lot, Level
RoofMetal
ConstructionBrick Veneer
FoundationSlab
Additional Information
Date ListedNovember 28th, 2018
Days on Market936
ZoningC-1
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Property Listed by: Southwest Partners

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