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905 Main St

Bastrop, TX 78602
  • $878,000
  • STATUS: Active Under Contract
  • ID#: 5804618
Under Contract
UPDATED: 193 min ago
$878,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,041
    SQFT
  • $289
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

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. Maxines Caf 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-ees, TX 71 or TX 21.Restrictions: Yes

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© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-20T00:24:59.113.
austin.papasanproperties.com/homes/89702195
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905 Main St Bastrop, TX 78602

  • Price: $878,000
  • Status: Active Under Contract
  • Updated: 193 min ago
  • ID#: 5804618
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,041
SQFT
$289
$/SQFT
1920
Built
Neighborhood:
Building Blk
County:
Bastrop
Area:
Bastrop
Property Description
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. Maxines Caf 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-ees, TX 71 or TX 21.Restrictions: Yes
Exterior Features

Attached Garage YN No Construction Materials Brick Veneer Exterior Features None Foundation Details Slab Garage YN No Lot Features Corner LotLevel Parking Features None Patio And Porch Features None Road Surface Type Concrete Roof Metal Stories Total 1 Topography Level View City View YN Yes Waterfront Features None Waterfront YN No

Interior Features

Building Area Total 3041 Cooling Central Air Flooring ConcreteWood Heating Central Laundry Location None Main Level Bedrooms 0 Num Other Level Beds 0

Property Features

Accessibility Features None Building Features Delivery DoorDisplay WindowPrivate Restrooms Community Features None Current Use Restaurant Estimated Taxes 12533 Horse YN No Listing Terms CashConventional1031 ExchangeOwner May Carry Pets Allowed No Pool Features None Pool Private YN No Property Condition Historic DesignSee Remarks Property Sub Type Retail Sewer Public Sewer Spa Features None Special Listing Conditions Standard Utilities Electricity Available Water Source Public

Property listed by Southwest Partners.


© 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-06-20T00:24:59.113.
 
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1801 S. Mopac Expwy, Ste 100
Austin TX, 78746