PUNTA CANA BAVARO WAREHOUSE FOR SALE
Nearly 5,000 SQ FT WAREHOUSE WITH LAND offered for less than the land values are going for here.
LOCATION, LOCATION, LOCATION.Excellent location off the new Coral highway between Bavaro and Downtown Punta Cana,
As Punta Cana/ Bavaro continues to grow, more and more businesses are needed. This warehouse is conveniently located just 1 minute off from the main and most important Coral -Highway in all of the Punta Cana/Bavaro Area. Near the Cocotal Golf community (a luxury Gated Residential Golf Course community), and Just 8 min drive to the newest Downtown Punta Cana- Bavaro commercial area (Home to the San Juan Mall, IKEA, Pizza Hut, CocoBongo, SuniX gas station, Denny’s, Subway, Dolphin World, a water park, new residential communities, and other new and impressive commercial areas, Only a 12 minute drive from Punta Cana International Airport, only an 8-10 minute drive to numerous beach accesses, and a 5-8 min drive to the heart of Bavaro (Friusa).
With a reasonable and accepted offer, the owner will consider contributing to the paving of the current dirt access road from the main highway to this warehouse
This 4,864 sq ft or warehouse was a printing company. It includes an additional lot in the front of the building (best used for parking) of approximately 251 available sq. meters. Plus another larger lot on the side of the warehouse of nearly 703 m2,
The building is plumbed for Central A/C, can provide CCTV security. There are, 3 bathrooms, with a possible 8 office spaces on this main level. Or 2 existing offices, and extra warehouse space. Plenty of storage and parking, as well as a rear entrance,. All the titles are secured and the building permits & plans for the additional 2 levels are approved and in hand for 4 levels total, with a possibility of total office spaces (if desired).
The lots are under a Corporation name, which is an extra bonus as this can be easily transferable and save lots of costs to set up a new corporation. All corporate documents have been recently actualized.
The property has electricity and well perforated water (pluming) and located in the back room. It is 50 meters deep, so plenty of wáter, although some maintenance will be required.
NOTE: The Plumbing is on site and functional, but the new owners will need to add toilettes sinks, some finishing tile and doors to the bathrooms...
The furnishings and equipment in the photos is not included.
The approved blueprints, and the complete structural, electrical, water, etc. plans, can be provided with a serious offer. The additions can easily and quickly be completed to build up to 4 stories, should the new owner desire this right away.
Should the new owner desire to attain decent rental income by completing the 3 other levels and renting out the commercial spaces, here’s what you can expect: 3 more stories x 6 small offices each of of 50 sq. meters each… Plus the existing 8 spaces on the main level, brings the maximum no. of commercial spaces to 32 or a total of 2,800mts, which can be rented out for $ 10 to perhaps $15 a sq. meter. This equates to $28,000 us a month at the lower $10 per m2.
This warehouse with the land could easily appraise at around $430,000 U.S. The owner has relocated back to his home country, and is eager to sell, thus he is asking less than 1/3 the market value for a quick sale and much less than what he paid for the land and construction in 2009.
There is a lot of demand in this area for small offices to independent professionals like lawyers, engineers, tour companies, etc.
At the rate this area is booming, this warehouse and land at this price, and this outstanding location is a rare opportunity and will sell quickly!
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