About this property:
Prime Multi-Unit Investment: Commercial Space & Studio Apartment in the Heart of San Juan del Sur
Introducing a prime multi-unit property located at the bustling crossroads of Park Avenue and the iconic "Gringo's Street" in San Juan del Sur, just 180 meters from the beach. This two-unit property offers a blend of commercial potential and residential comfort, making it an excellent investment opportunity on the best avenue in town.
Unit 1: Commercial SpaceThis commercial unit boasts a 4-meter-wide storefront, elevated 1 meter above the sidewalk, providing an ideal space for visibility and foot traffic. The front terrace, spanning about a meter, offers room for seating, making it perfect for a fast-food restaurant, café, or vegan eatery. With delivery services in high demand in the area, this space holds strong potential for any food and beverage concept looking to thrive in the heart of town.
Unit 2: Studio ApartmentAccessible by a side staircase with 12 steps, the second unit is a spacious 35 m² studio apartment. It features a fully functional 3-piece bathroom with a sink, toilet, and shower, and a kitchen area that offers ample storage space, ready for customization. The large living area provides a comfortable atmosphere, ideal for short-term or long-term renters.
Potential Enhancements:
- Commercial Space: Expand the restaurant or café seating area or optimize the layout to increase rental income.
- Studio Apartment: Raise the ceiling to create a loft-like experience and add modern furnishings to boost its rental value.
Located in one of the most desirable areas of San Juan del Sur, this property promises secure and passive income streams from both the commercial and residential units, with room for development and higher returns.