905 Main ST Bastrop, TX 78602 pending
UPDATED:  
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pending
878000
/mo

-1Bed

-1Bath

-1SqFt

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Key Details

Property Type: Commercial

Sub Type: Retail

Listing Status: Pending

Contingent: Inspection

Purchase Type: For Sale

Year Built: 1920

MLS Listing ID: 5804618

Subdivision: Building Blk

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. 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

Location

State: TX

County: Bastrop

Area: Ba

Zoning: C-1

Interior

Heating: Central

Cooling: Central Air

Flooring: Concrete,Wood

Furnishings: Unfurnished

Heat Source: Central

Exterior

Pool: Lead Based Paint Disclosure,Seller Disclosure

Community Features: None

Utilities Available: Electricity Available

Waterfront Description: None

View Y/N: Yes

View: City

Roof Type: Metal

Topography: Level

Street Surface: Concrete

Accessibility: None

Parking Type: None

Building

Lot Description: Corner Lot,Level

Story: 1

Foundation: Slab

Sewer: Public Sewer

Water: Public

Others

Pets Restrictions: No

Tax Year: 2018

Security Features: Fire Alarm,Smoke Detector(s)

Acceptable Financing: Cash,Conventional,1031 Exchange,Owner May Carry

Special Sale: Standard

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Listing provided by  Southwest Partners

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Nearby School & Properties

65 WALK
SCORE Somewhat Walkable
School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

Property History

Date Event Price Source

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    Neighborhood Demographic

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    Cary Beach Pure Realty
    Cary Beach
    512-820-4998
    Agent License ID: 602159

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