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    Address Not Available By Request

    Bastrop, TX 78602
    • $878,000
    • STATUS: Active
    • MLS #: 78761
    UPDATED: 3 min ago
    $878,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:
    Area:

    School Ratings & Info

    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.

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    © 2021 Central Hill Country Board of REALTORS® MLS. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the MLS or Reata Ranch Realty. Data last updated: 2021-01-15T09:48:36.777.
    www.wesellfredericksburg.com/homes/112434082
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    Address Not Available By Request Bastrop, TX 78602

    • Price: $878,000
    • Status: Active
    • Updated: 3 min ago
    • MLS #: 78761
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1915
    Built
    Neighborhood:
    Other
    County:
    Bastrop
    Area:
    Bastrop
    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.
    Exterior Features

    Construction Historic Rock Fence None Foundation Slab Parking Off-Site Parking Roof Standing Seam Topography Level

    Interior Features

    Estimated Sqft 3000-3199 Heating AC Central Electric A/CCentral Electric Heat

    Property Features

    Access Paved RoadCity Street City Rural In City Limits Current Use Restaurant Deed Restrictions Yes Estimated Year Built 1900-1929 Flood Plain No Improvements Extensive Property Features Business Opportunity Sale Includes BusinessBuilding& Land Total Taxes 12533.00 Type Of Property Restaurant Utilities City Electric Vow Address Display 0 Zoning C-1

    Listing information © 2021 Central Hill Country Board of REALTORS® MLS.
    Listing provided courtesy of Diane Alexander of Southwest Partners Fredericksburg.
    © 2021 Central Hill Country Board of REALTORS® MLS. All rights reserved. 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 deemed reliable but is not guaranteed accurate by the MLS or Reata Ranch Realty. Data last updated: 2021-01-15T09:48:36.777.
     
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    Reata Ranch Realty
    408 N Llano Street
    Fredericksburg TX, 78624