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

USD $294,000

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

Featured

Sold

8.5

103 m²

3200 sq ft

Property ID 4366

About the Property

Have you imagined owning property in the center of San Juan Del Sur? Your moment has arrived with this Multiunit Commercial Building. 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. Originally used as a hotel, the property has 7 bedrooms and 8.5 bathrooms. There is a huge vestibule on the first floor. 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. 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. 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. This area can be used for dining, social events, or recreational activities. Similarly it could be converted into an additional bedroom. The highlight of the third floor is the huge rooftop patio. The patio looks over the town and is an ideal space to enjoy sunsets.

Most importantly, the property is in amazing location. It is directly in front of the world famous Casa Oro Eco Hostel. Everything is within walking distance. 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. There are only handful of 3 story buildings in town. 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. What are you waiting for?

Published: November 11, 2020 | Last Updated: October 24, 2023