For Sale $675,000 USD - Commercial Land and Businesses
Commercial property in town available now! Parcel 960 is located on Black Coral Street in the vicinity of the municipal multi-purpose park and the San Pedro Lagoon. Located on a fully paved road in the town center this area is serviced by all municipal utilities. Being near to the lagoon on the west coast there are boat docking facilities within easy reach.
This property currently has 3 structures. The main building is a 2 storey wooden structure consisting of 2,660 square feet. An office and storefront for an electrical services and air conditioning company are on the upper level. The lower level, divided into 2 large open areas, currently consists of a storage space and a wood workshop. These spaces offer additional potential for income generation with options including storefronts, storage as well as possible conversion to residential rental units. There is a smaller house on the front of the lot consisting of a 425 square feet occupied as a residential apartment. The third structure is a separate bodega in the back constructed with plycem siding.
The parcel features 77 feet of frontage on the concrete paved road and 110 feet of depth. There is also a spacious backyard, which is clean, dry and fenced. This area is great for relaxing or entertaining and provides ample room for further expansion. Whether you choose to upgrade and modify the existing structure – perhaps adding a great rooftop deck space, or opt to start a brand new construction project – this property offers you the perfect foundation as being a supreme LOCATION.
With tourism being an industry with plenty of room for expansion this property is in an ideal location to consider constructing a hotel, apartment complex, office building or a variety of other commercial ventures. With beautiful water views, access to the San Pedro Water Taxi terminal, a few minutes stroll to the east coast beach and the Central Park a mere stones throw away – for convenience to all that town has to offer – this is a prime location.
This commercial property in town offers access to every amenity. All municipal utilities are available. Shops, restaurants, banks, government offices and several public spaces can also be found in the surrounding vicinity. Contact us for more details and schedule a viewing today!