$4,500,000
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1177 Highway 304 Bastrop, TX 78602
105,000 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 105,000 sqft
Price per Sqft $39
Subdivision Jenkins, Edward
MLS Listing ID 1665857
Sold Date 09/25/23
Originating Board actris
Year Built 2021
Tax Year 2022
Lot Size 20.006 Acres
Property Description
Located in Bastrop, TX, The East 40 is a unique multi-faceted, income generating opportunity providing an immense amount of upside for the next owner. Sitting on 20+ acres of land, the property consists mostly of new construction completed in 2022. Featuring 122 individual booths (w/ electricity and locking, roll up doors) in an open-air market, 8 commercial kitchens, 5 walk-in coolers, 2 food trailers, a state-of-the art music venue and dance hall, a sports bar, outdoor beer garden and more, The East 40 has become the place to go for family-fun and entertainment in Bastrop, Texas. Located only 30 minutes from Austin Bergstrom International Airport and 45 minutes from Downtown Austin, this entertainment venue is well located to capture crowds from many surrounding areas. Situated on an abundance of land, parking is easy and can accommodate large-scale personal or commercial events. The current owners have provided an amazing footprint for the next owner to expand the offerings and create significant additional revenue. Corporate events, weddings, holiday bookings are just some of the ideas that have yet to be implemented in this approx. 6 month old business. The East 40 is a special opportunity for a buyer with vision to expand and grow the multiple streams of revenue in this very young business.
Location
State TX
County Bastrop
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Concrete
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, High Speed Internet, Water Connected
Accessibility Accessible Full Bath
Total Parking Spaces 1500
Building
Sewer Aerobic Septic
Water Public
Structure Type Concrete, Metal Siding
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 1.74025
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with KW-Austin Portfolio RealEstate