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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.

    KEY DETAILS
    • Price:
    • $878,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 1920
    • MLS #:
    • 5804618
    • Street Address:
    • 905 Main St
    • City:
    • Bastrop
    • State:
    • TX
    • Postal Code:
    • 78602
    • County:
    • Bastrop
    • Area:
    • Ba
    • Subdivision:
    • Building Blk
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Brick Veneer
    • Flooring:
    • Concrete, Wood
    • Foundation:
    • Slab
    • Number Of Units:
    • 1
    • Stories:
    • 1
    • Type Of Roof:
    • Metal
    • View:
    • City
    • Year Built:
    • 1920
    • Year Built Description:
    • Historic Design

    Business

    • Business Type:
    • Cafe & Bakery
    • Year Established:
    • 1997

    Land

    • Lot Description:
    • Corner Lot
    • Topography:
    • Level

    Listing

    • Financing Options:
    • Cash, Conventional, Exchange, Owner Financing - 1st Mortgage
    • Lease Type:
    • See Agent

    Money

    • Property Taxes:
    • $12,533
    • Tax Year:
    • 2018

    Rooms

    • Number Of Offices:
    • 1

    Structures

    • Parking Description:
    • See Agent

    Systems

    • Cooling System:
    • Central Air
    • Existing Water:
    • City
    • Heating:
    • Central Heat
    • Sewage Type:
    • City On Property

    Source

    • Listing Provided By: Southwest Partners

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    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

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