Steady monthly revenue!
- Safe, community on a busy street!
- Type: Commercial
- Style: Commercial
- Size: 914 sq. ft. "85 sq. mt."
- Development Level: Built
- Lot Type: Rectangular
- Year Built: 2010
- Condo Fees: $110.00 USD
- MLS #: RR-BCO-006
PUNTA CANA- CORTECITO- LOCAL FOR SALE- GREAT PRICE FOR THIS LOCAL WITH BEST LOCATION (OWNER DROPPED THE PRICE )
A rare opportunity to buy a spacious commercial space, ideally located in the popular and growing expat- tourist area of El Cortecito
There are many other flourishing businesses and hotels in the area servicing a mixture of consumers from locals, full and part time vacation home owners, expats from all over the world, and thousands of vacationers annually. A convenient 5 minute walk to the beach and a 2-15 minute walk to many other shopping and dining amenities. As well as a short walk from numerous condo communities primarily owned by foreigners as 2nd vacation homes. Many of these owners rent their condos out on a short term basis when they are not using them personally.
Plenty of parking. Ideal business ideas would be a card/ book/ gift shop, or beach accessories store as we currently do not have any in the area, yet we have a high demand for these types of businesses by part-time owners and their vacation rental guests. No liquor store or lottery (Banca) permitted.
The current tenant is paying $1,2000 U.S. per month Rent /plus utilities. You can continue this lease or take it over for your own business. Tenants provision is 60 days
Recently painted and updated. This space has its own bathroom facilities.
For investors, keeping it rented can produce an EBIT of roughly 7% at the current asking price.
See us on any of Our HGTV Caribbean Life Episodes
SEE OUR AMAZING NEIGHBORHOODS!
See us on Local Television Shows:
Listen to our podcast (learn more than a local living here)
Right on the main street.
Can continue lease or take over for own business. Tenants provision 60 days
Within walking distance of the beach.
Busy, fun and safe tourist zone area.
Lots of other businesses and hotels in the area.
Rented for $1,200 / month.
owner dropped the price from $240K down to $223K
owner may consider financing the balance with 50% down.
- Trees / Shrubs
- Cable Available
- High Speed Internet Available
- Public Transportation
- Reserved Parking
- Security Guard on Duty
- Wheelchair Access
Information is deemed to be correct but not guaranteed.