Beachfront commercial plaza with 23 businesses in the very center of Las Terr...

Center Town, Las Terrenas

Features

• Oceanview
• Beachfront
• Near town
• Furnished
• Private Security
• Designated Parking
• Rooftop
• Garden
• Septic
• Cistern
• Terrace
• Pet-friendly
• Water supply
• Electric supply
• Easy access
• Private Parking
• Garbage Collection
• Electricity
• Maintenance
• Water
• Planta / Generator
• Security Cameras
• Drinks & Food
• Insurrance

Description

This central plaza is a vibrant commercial hub located in the very heart of Las Terrenas and with a direct beachfront access.

The 3,800 m2 (1 Acre) lot has a wide beachfront, and the building is about 600 m2. It features 23 diverse shops and offices, including a Mexican restaurant, Thai restaurant, real estate offices, clothing stores, a beach club and night club.

The plaza also offers private parking, exclusive beach frontage

The financials suggest an operating profit that can be improved by increasing the rentals prices of the small business which are below other shops in town. As well as integrating some of the high generating businesses.

The owners own a beach club lying in the beachfront of the plaza. The business is for sale separately 1,000,000 USD with a long term lease. Yearly profits projected around 200,000 USD per year. Which would drastically improve return on the total investment.

The property is sold with a separate lot used as parking space for up to 12 vehicles, on top of the 6 parking spots in front of the plaza. There is space for dozens of motorbikes as well.

The beachfront of the property is large, and unoccupied, leaving opportunity to add businesses / revenues.

This listing is ideal for investors seeking a prime commercial property with a mix of current tenants and potential for expansion in a prime touristic location.

Contact us for more details. Listed exclusively with Atlantique Sud.
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Location

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Center Town

If you don’t mind a little noise and animation, the center of Las Terrenas is perfect for you. Close to everything so you can get your breakfast, shop or go out.

Financials

No content available.

Mngt Costs: US$150

Monthly Profits: US$-150

Legal Fees: US$40,000

Transfer Fees: US$120,000

Yearly Taxes: US$38,330

This listing

Price / SQM: US$6,667

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Market Price / SQM: US$6,667

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.