Seller Financing
Address
905 Main Street Bastrop, TX
Price
$ 878,000
Property Attributes
- MLS#391082
- TypeCommercial
- CountyBASTROP
- CityBastrop
- Zip78602
- StyleCommercial
- Price$ 878,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3041
- Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Southwest Partners
Data Source:
Central Texas MLS | Four Rivers Association of RE
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. 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Cedar Creek Elementary | Bastrop Middle School | Bastrop High School |
| Price History | |
|---|---|
| 10/2/2019 | Listed $878,000 |
General Features
| Accessibility | None |
|---|---|
| Appliances | Electric Water Heater |
| Association Amenities | Other, See Remarks |
| Building Name | Maxine's Cafe |
| Community Features | Other, See Remarks, Curbs |
| Construction Materials | Stone Veneer |
| Cooling | Central Air |
| Current Use | Restaurant |
| Elementary School | Cedar Creek Elementary |
| Elementary School District | Bastrop ISD |
| Flooring | Concrete |
| Heating | Central, Electric |
| High School | Bastrop High School |
| High School District | Bastrop ISD |
| Levels | One |
| Middle/Junior High School | Bastrop Middle School |
| Middle/Junior School District | Bastrop ISD |
| Parking Features | None |
| Possible Use | Restaurant |
| Property SubType | Commercial |
| Property Type | Commercial Sale |
| Roof | Metal |
| Sewer | Public Sewer |
| Stories | 1 |
| Utilities | Cable Available |
| View | None |
| Water Body Name | None |
| Zoning | C-1 |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Living Area | 3041 |
Exterior Features
| Foundation Details | Slab |
|---|---|
| Lot Size Acres | 0.1 |
| Lot Size Area | 0.1 |
| Road Frontage Type | City Street |
| Road Surface Type | Concrete |
| Water Source | Public |
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
Visits
Year Built
Walkscore
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The information being 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.
Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
IDX
Information provided Courtesy of San Antonio Board of Realtors. 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. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2021 San Antonio Board of Realtors, All Rights Reserved. Data last updated April 14, 2021 11:10 AM UTC
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
