Type:Purchase
Structure:Retail
Zone:Commercial

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 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.Restrictions: Yes

  • Property Details
      • Days on Market (Cumulative)873

Location

Jeremy FayReal Estate Group
OR

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Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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