905 Main St

    Bastrop, TX 78602
    • $878,000
    • STATUS: Active
    • ID#: 5804618
    UPDATED: 34 min ago
    $878,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,041
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Building Blk
    Type:
    Commercial
    Built:
    1920
    County:
    Bastrop
    Area:
    Bastrop/Smithville

    School Ratings & Info

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    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.

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    © 2020 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: 2020-04-06T14:24:22.53.
    www.perryhenderson.com/homes/89702195

    905 Main St Bastrop, TX 78602

    • Price: $878,000
    • Status: Active
    • Updated: 34 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/Smithville
    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.
    Exterior Features

    Construction Brick Veneer Foundation Details Slab Freeway Highway Distance Up To 1 Mile Land Area Measurement 0.08300000000000 Land Area Type Square Footage Land Description Corner Lot Num Buildings 1 Num Parking Spaces 0 Num Pools 0 Parking See Agent Parking Ratio 0.00 Road Frontage Desc City Roof Metal Street Surface ConcretePublic Maintained Road Street Traffic Count Not Available Topography Level View City Waterfront No

    Interior Features

    Air Conditioning Central Air Flooring ConcreteWood Gross Building Sq Ft 3041 Heating Central Heat Interior Ceiling Height 16 Ft Or Over Interior Walls BrickCementSheet Rock Net Rentable Area 3041 Num Offices 1 Tot Apx Net Rent Spc 3041 Tot Apx Net Rent Spc Desc Tax Record

    Property Features

    Ada Compliant YN No Auction YN No Building Class B Business Type Cafe & Bakery Current Building Use Restaurant Disability Features No Equipment Features Available AppliancesComputer ReadyCool/FreezerDelivery DoorDisplay WindowExhaust SystemFire AlarmFixturesMachineryOutside StoragePrivate RestroomsRefrigeration UnitSign-BuildingSmoke Detector Fema Hundred Yr Flood Plain No Foreclosure REO No Gross Building Sq Ft Source Tax Record Land Area Source Tax Record Lease Type See Agent Listing Financing CashConventionalExchangeOwner Financing - 1st Mortgage Net Rentable Area Source Tax Record Occupancy Pct 100 Property Sub Type Retail Bldg-Restaurant Renovation Year 2017 Separate Meter No Sewer City On Property Tax Amount 12533.00 Tax Rate 2.58490000000000 Tax Year 2018 Tot Apx Sq Ft Land Desc Tax Record Tot Apx Sqft Bldg Desc Tax Record Utilities Electricity On Property Water Source City Year Built Exception Historic Design Year Established 1997

    Property listed by Southwest Partners.


    © 2020 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: 2020-04-06T14:24:22.53.
     
    The Perry Henderson Group at Berkshire Hathaway Texas Realty
    3303 Northland #100
    Austin TX, 78731