$4,500,000
1177 Highway 304, Bastrop, TX
20.01
Acres
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.
Facts & Features
ListingFeed | abor_vow |
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MLS® # | 1665857 |
List Price | $4,500,000 |
Sale Price | $4,100,000 |
Sale Date | September 25th, 2023 |
Bathrooms | 0.00 |
Acres | 20.01 |
Year Built | 2021 |
Type | Commercial Sale |
Sub-Type | Business |
Status | Closed |
Community Information
Address | 1177 Highway 304 |
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Subdivision | Jenkins, Edward |
City | Bastrop |
County | Bastrop |
State | TX |
Zip Code | 78602 |
Amenities
Utilities | Cable Available, Electricity Connected, High Speed Internet Available, Water Connected |
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Parking | Asphalt, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Concrete |
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Heating | Central |
Cooling | Central Air, Ceiling Fan(s) |
Fireplace | No |
Exterior
Construction | Metal Siding, Concrete |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |