$878,000

905 Bastrop Main Street, Bastrop, TX 78604, US

Summary

Style: COM-Sale
Year Built: 1927

Moving Quotes

primary photo for 905 Bastrop Main Street, Bastrop, TX 78604, US

Remarks

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 Cafe 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. 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 percent 500K net worth, lower crime. 1 MI or less from Buc-ee’s, TX 71 or TX 21.

Details

MLS#: 14191760
Price: $878,000

Style: COM-Sale
Year Built: 1927

County: Bastrop
Subdivision: BUILDING BLOCK 4 W

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Broker Contact

Southwest Partners Global International Realty
2211 Live Oak
Fredericksburg, TX, 78624
US
! (830) 900-0266
! diane@swpre.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by North Texas Real Estate Information Systems, Inc.
Last updated: 2019-09-25T11:45:34.000-04:00.
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