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878000
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Emily Shelton
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905 Main STActive

Bastrop, TX 78602

0

878000-100.0%

-1Bed

-1Bath

-1SqFt


UPDATED

 

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

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

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

    Neighborhood Demographic

    Emily Shelton Pure Realty

    Emily Shelton

    Agent | License ID: 633072

    512-924-3233

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