$988,148*
●
Commercial -
Off Market
905 Main St
Bastrop, TX 78602
Studio
0 Bath
$791,000 - $965,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
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.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$12,533
HOA Dues
-
Year Built
1920
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2021 | In contract | - | |
| In contract | |||
| Sep 26, 2019 | Listed | $878,000 | |
| Listed | |||
Property Highlights
Air Conditioning
905 Main St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/26/2019
|
|
Loft
|
-
|
-
|
$878,000
Loft
-
|
-
-
|
-
|
Diane Alexander
ALEXSouthwest Partners & Global
|
|
11/30/2018
|
|
Studio
|
-
|
-
|
$928,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
