Views - Seller Financing
Address
905 Main Street Bastrop, TX
Price
$ 878,000
Property Attributes
  • MLS#5804618
  • TypeCommercial
  • CountyBASTROP
  • CityBastrop
  • AreaBA
  • NeighborhoodBuilding Blk
  • Zip78602
  • StyleRetail
  • Year Built1920
  • Taxes12533
  • Price$ 878,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3041
Listing Provided Courtesy Of:
Southwest Partners
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 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-ee's, TX 71 or TX 21.Restrictions: Yes

Price History
11/28/2018 Listed $928,000
9/24/2019 6% - $878,000

General Features

Accessibility None
Building Features DeliveryDoor, PrivateRestrooms
Community Features None
Current Use Restaurant
Flooring Concrete, Wood
Heating Central
MLS Area BA
Parking Features None
Pets Allowed No
Pool Features None
Private Pool No
Property SubType Retail
Property Type CommercialSale
Roof Metal
Sewer PublicSewer
Spa Features None
Special Listing Conditions Standard
Terms Cash, Conventional, Item1031Exchange, OwnerMayCarry
Topography Level
Total Units 1
View City
Waterfront Features None
Zoning C-1
Zoning Description C-1

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Building Area Total 3041.0
Foundation Details Slab
Horse Y/N No
Lot Features CornerLot, Level
Lot Size Acres 0.0
Lot Size Area 0.0
Lot Size Source PublicRecords
Number of Buildings 1
Road Surface Type Concrete
Spa No
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 78602

Price
AVG $850K
$880K
Taxes
AVG $6,202
$12,533
Visits
AVG 44
124
Year Built
AVG 1950
1920
Walkscore
AVG 40
66
Data Provided by Walkscore ® not using MLS data

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