COMMERCIAL PLAZA FOR SALE PUNTA CANA BAVARO

GREAT LOCATION! Built in 2019, this sleek and modern commercial plaza has consistent tenant occupancy.

THIS IS AN EXCLUSIVE LISTING WITH OUR AGENCY ONLY

Sun Plaza is modern design and currently includes 8 finished commercial spaces!
5 mid-sized spaces of 36 m2 ( or 387 sq. ft.) each
Plus 3 larger commercial spaces of 40 m2 (or 430 sq. ft.).

The asking price of this Commercial Plaza includes the equal size land directly adjacent to this commercial plaza. Meaning, new purchasers have the ability to add another level to this existing commercial building, adding up to 8 more commercial spaces. Additionally, they can build a duplicate building on the adjacent vacant land. 2 buildings of 16 commercial spaces each brings the total possible capacity to 32 commercial spaces.

The seller has approved architectural plans and building permits. Apartments on this land is feasible. Building apartments to sell or rent out, would require new approved architectural plans and permits, however, this can be done. We can help.

Buying an existing commercial space is more affordable with less headache in trying to find well priced land near the main highway. Then purchasers having to secure all the required building permits, and efforts in finding a reliable Engineer, Architect and workers. Labor costs and construction materials have been increasing since 2019.

Our Agency can assist with the Development and other aspects needed if the purchaser lives abroad. We are full service.

For current occupancy and rental rates, please inquire, as these do change.

LOCATION, LOCATION, LOCATION... it's perfect for businesses that need decent drive by traffic, and also for those business that don't require foot or drive-by traffic. There is a newer International school directly across the street. Beautiful and modern design as well called "Innovation Intl. School" , located directly across the street along with other established and newer businesses. There is an array of great business ideas for this space. I.e... cafeteria, a gym, maybe a school supply store, or meeting place for parents. Even a nice area to use for "school events". This is a very popular school for Expat children, whose parents live and work here. Many own their own businesses.

Several new condo communities have been built in this area now... so a decent flow of consumer traffic located just a short walk away, with a new single family home residential area breaking ground soon.

NAVIGATIONAL / LOCATION TID- BIT INFO: At the end of this commercial/ residential neighborhood street (1 minute drive) you'll find the primary highway called "Blvd. Touristico de Este" (also referred to as; Tourist Blvd. East, or he Coral Highway (or Autopista del Coral). This main highway which connects to interstates 7 and 5 which run throughout the country. Providing with easy highway access to Santo Domingo (passing by Bavaro and Punta Cana). And in the opposite directly, leads to the favored Macao (Beach), all the way to Mitches! Connecting Interstates 7 and 5 go all the way to the North Coast (Puerto Plata- Caberete- Sosua) and connects to other interstate highways going through the entire country, including Samana, Las Terrenas, Santiago Jarabacoa (in the mountains), etc., etc...

THIS PLAZA is Ideally located near the main CEPM Electric Company primary location and is a SHORT DRIVE TO SO MUCH MORE!

COCOTAL: Just a short 2-minute drive to the Cocotal Championship golf course and residences, and just outside the front entrance of Cocotal is the NEW KATMANDU – A THEME AND WATER PARK by Disney.

DOWNTOWN PUNTA CANA (Actually in Bavaro) - Only a 5 -minute drive to the modern Downtown Punta Cana area, where you’ll find the San Juan and Jumbo Malls, with large grocery store, chains, along with an array of other brand name shops. Downtown Punta Cana additionally offers; the expanded IKEA, Pizza Hut, Subway, Burger King, Coco Bongo Night Club, a wake-board activity center, several more restaurants and shopping, and much, much more!

PUNTA CANA AREA: Only a 15-minute drive to the Blue Mall, Punta Cana Village and commercial area (and beaches), and a 17 minute drive to the Punta Cana International Airport.

PUBLIC TRANSPORTATION: Should you want to venture to other beaches, malls, dining options, in Bavaro or Punta Cana (i.e. the El Cortecito and Los Corales Beach-town areas), public bus transportation is available (for only $1.00 p/p one way) and pick up is accessible just about anywhere. The Public Buses are very safe and used often by tourist and expats (as well as our friendly Dominican locals). 20 minute rotations providing affordable transportation to many other places, points of interest, and needed commercial areas, including; Banks Hospitals, Dentists, car dealership and repair places. Or catch a local (seasonal) baseball game in Veron, or explore several other locally owned businesses and services offering unique furnishing shopping deals... Public bus transportation is safe and reliable here!

PRICES ARE GOING UP HERE AS WELL AND THE NEGOTIATION SPREAD FROM THE ASKING PRICE TO SELLING PRICE HAS NARROWED GREATLY.
This is because Migration to Punta Cana/ Bavaro now, has been crazy, despite the increase in building supplies, labor and materials. Real Estate Inventory of both resale properties, new construction, and commercial spaces/ businesses, located a short walk or drive to the beach is now dangerously low. Property values are going up in price, not down. So now is the time to buy! Waiting can be detrimental!

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