Multiunit Commercial Building in Town - Invest Nicaragua

Multiunit Commercial Building in Town in San Juan Del Sur, Nicaragua

USD $294,000
Reduced from USD $390,000 (Discounted 24.62%)

7
8.5
103 m2
3200 sq ft
Property ID 4366

About the Property

Have you imagined owning property in the center of ย San Juan Del Sur?ย Your moment has arrived with this Multiunit Commercial Building. ย Located one block from the beach and in the middle of a plethora of amenities, this commercial property offers a variety of options for an investor looking to cement their position in town.

This 3 story Multiunit Commercial Building in Town was built with engineered plans to guarantee structural integrity and operational use of the building. ย Originally used as a hotel, the property has 7 bedrooms and 8.5 bathrooms. There is a huge vestibule on the first floor. ย This space can be used as a reception, dining, or recreational area. It is open and receives great airflow through the main entrance and small interior patio. ย Likewise there are 2 full bedrooms, a half bath, kitchen, and storage area on the first floor.

The second floor has 4 bedrooms, each with their own bathroom. ย There is a common area with great airflow and natural light from the open concept design.

The third floor has 1 full bedroom with a separate large living area. ย This area can be used for dining, social events, or recreational activities. ย Similarly it could be converted into an additional bedroom. ย The highlight of the third floor is the huge rooftop patio. ย The patio looks over the town and is an ideal space to enjoy sunsets.

Most importantly, the property is in amazing location. ย It is directly in front of the world famous Casa Oro Eco Hostel. ย Everything is within walking distance. ย The beach, clothing stores, restaurants, and bars are no more than 1 block away.

Therefore, there is an endless amount of concepts that could function in this property.

Potential Uses:

  • Hotel
  • Hostel
  • Co-working space
  • Digital nomad compound
  • Office complex
  • Private home
  • Mixed use residential / commercial
  • Event space
  • Apartments

In conclusion, this is a great opportunity. ย There are only handful of 3 story buildings in town. ย Additionally, the oversized roof top deck and multiple rooms make this property truly unique.

Create an additional revenue stream while enjoying appreciation as town develops around you. ย What are you waiting for?

Property Features

Air Conditioning
Balcony
Ceiling Fans
Electricity Connection
Furnished
Hot Water
Oceanview
Paved Property
Reserve Tank Well/Cistern
Storage
Walking Distance to Ocean
Walking Distance to San Juan Del Sur
Water Connection
Water Reserve Tank

Property Video

Google Map