Reduced to $375,000 USD from $399,000 USD
This is a very rare opportunity to own a Landmark Commercial property in the heart of town in San Juan Del Sur. Located a half block from the Central Park and 1.5 half blocks from the beach of San Juan del Sur, this property is an investor’s dream.
This landmark commercial property is one of the few 3 story properties in town. Boasting ocean views from the upper levels and rooftop, this multi-unit building has endless potential for a visionary investor. In addition to the excellent location and ocean views, the property has 4 separate income producing units: 3 apartments and a commercial module on the first floor, which currently has a long term renter.
The first floor of the building has a commercial module which has frontage on one of the most trafficked streets in town, this unit has a dedicated bathroom which sits in the hallway outside of the module. Further down the hall, there is a 1 bed / 1 bath cozy garden unit with a small open patio to provide natural light and gentle breezes. This apartment, like the others, are fully independent with full kitchens.
The 2nd and 3rd level apartments boast large patios with ocean views that are great for people watching or catching the famous breathtaking colorful night skies that occur at sunset. Sliding French doors provide great airflow and expand the living area of the unit. Both the 2nd and 3rd level apartments have 3 bedrooms & 2 bathrooms. The third level apartment has A/C in all of the bedrooms.
The rooftop of the building has unobstructed ocean views and is an ideal spot to mingle with friends and family while you overlook San Juan Del Sur with a 360 degree view.
The three apartments and commercial module have a proven rental history and can continued to be ran as short & long term rental units, the property comes fully-furnished as is. The building could also be converted into a hotel or private residence, or whatever you desire!
The property is next door to one of the most frequented retail destinations in town, Annie’s Market, which contains Ding Repair Cafe and Vintage collection. O’Shop, La Fuente de Chocolate, Wrap and Roll, and Casa Oro are a few of the other popular neighbors.
Anchored by strong neighbors and an amazing location, this Landmark Commercial Property is your opportunity to own a piece of history and San Juan del Sur in the fastest growing beach town in Nicaragua!
Leslie W. Stewart IV
US Direct Line: 718.213.4748 (Calls, Text & WhatsApp)
Nicaragua Direct Line: +505.7768.0910 (Calls, Text, WhatsApp and iMessage)