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    905 Main St

    Bastrop, TX 78602
    • $878,000
    • STATUS: Active
    • ID#: 5804618
    UPDATED: 28 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

    Monthly Payment Calculator



    © 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: 2021-03-04T10:24:26.593.
    www.remaxideal.com/homes/89702195
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    905 Main St Bastrop, TX 78602

    • Price: $878,000
    • Status: Active
    • Updated: 28 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: 2021-03-04T10:24:26.593.
     
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    RE/MAX IDEAL REALTY
    5708 S Congress Ave
    Austin TX, 78745