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John (J.D) Payne

REALTOR®

  • Office (512) 412-0897
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905 Main St, Bastrop, TX – $878,000

  • $878k Price
  • 3,615 Sqft
  • 313 DOM
  • $878k Price
  • 3,615 Sqft
  • 313 DOM

905 Main St

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 Café 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.

Essential Information

  • MLS® #5804618
  • Price$878,000
  • Square Footage3,615
  • Acres0.00
  • Year Built1920
  • TypeCommercial Sale
  • Sub-TypeRetail Bldg-Restaurant
  • StatusActive

Community Information

  • Address905 Main St
  • RegionBastrop/Smithville
  • SubdivisionBuilding Blk
  • CityBastrop
  • CountyBastrop
  • StateTX
  • Zip Code78602

Amenities

  • UtilitiesElectricity on Property
  • ParkingSee Agent
  • ViewCity

Interior

  • HeatingCentral Heat
  • CoolingCentral Air
  • # of Stories1

Exterior

  • RoofMetal
  • ConstructionBrick Veneer
  • FoundationSlab

Additional Information

  • ZoningC-1
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Price Change History for 905 Main St, Bastrop, TX (MLS® #5804618)

Date Details Change
Price Reduced from $928,000 to $878,000 $50,000 (5.39%)

Property Listed by: Southwest Partners

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® (alternatively, from ACTRIS) from November 19th, 2019 at 2:16am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.