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    905 Main Street

    Bastrop, TX 78602
    • $878,000
    • STATUS: Active
    • ON SITE: 425 days
    • MLS #: 391082
    UPDATED: 61 min ago
    $878,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,041
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

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

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    © 2020 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kopecky Group at RE/MAX Land & Homes. Data last updated: 2020-12-01T22:05:37.073.
    www.kopeckygroup.com/homes/99519075
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    905 Main Street Bastrop, TX 78602

    • Price: $878,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 391082
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,041
    SQFT
    $289
    $/SQFT
    1927
    Built
    Neighborhood:
    Bastrop
    County:
    Bastrop
    Area:
    Bastrop
    Elementary School:
    Cedar Creek Elementary
    Middle School:
    Bastrop Middle School
    High School:
    Bastrop High School
    School District:
    Bastrop ISD
    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. 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 with much higher property value trends, higher % $500K net worth, lower crime. 1 MI or less from Buc-ee’s, TX 71 or TX 21.
    Exterior Features

    Construction Materials Stone Veneer Foundation Details Slab Parking Features None View None View YN No Waterfront YN No

    Interior Features

    Appliances Electric Water Heater Cooling Central Air Cooling YN Yes Flooring Concrete Heating CentralElectric Heating YN Yes Levels One

    Property Features

    Accessibility Features None Association Amenities OtherSee Remarks Association Fee 0 Building Name Maxine's Cafe Community Features OtherSee RemarksCurbs Property Subtype Commercial Road Frontage Type City Street Road Surface Type Concrete Sewer Public Sewer Utilities Cable Available Water Source Public Zoning C-1



    © 2020 Central Texas MLS.
    Listing courtesy of Diane Alexander of Southwest Partners.



    © 2020 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kopecky Group at RE/MAX Land & Homes. Data last updated: 2020-12-01T22:05:37.073.
     
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