Sales of Commercial Property in Sabana Oeste

Price
$830,000
Price/M²
$2,184
Lot Size
335

Sales of Commercial Property in Sabana Oeste

Category

Sale

Published

22/07/2024

Location

Mata Redonda

Price

$830,000

Price/M² de construcción

$2,184

380

Property

Code: 106700

Commercial property for sale in Sabana Oeste, with established tenants

Discover a unique investment opportunity in West Sabana. This commercial property, located on the main street and close to Ucimed, offers an excellent investment return thanks to its multiple rental units and a commercial space running.

Benefits of the Location:

Located in Sabana Oeste, one of the most dynamic and accessible areas of San José.
Proximity to Ucimed, increasing traffic and visibility of the commercial premises.
Main street that guarantees constant flow of potential customers and residents.
Property data:

Price: $830.000
Square meters lot: 335 m2
Construction square meters: 380 m2
Residential units:
1 bedroom apartment.
2 apartments with 2 rooms.
1 large apartment that can be rented as of 3 rooms.
Commercial premises:
94 m2, currently rented to a consolidated restaurant with more than 12 years in the area.
With the current market conditions are expected in monthly rents up to $4,850 which generates a possible cap rate of almost 7% per year.

Highlights:

Recent remodeling in apartments with modern finishes.
Solid construction in particular both the restaurant area and the apartments.
Space in front of the property dedicated to the restaurant.
Property on main street, ensuring high visibility and access.
Additional advantages:

Generation of passive income with already established tenants.
There is no need for large additional investments thanks to recent refurbishments.
Diversification opportunity with multiple rental units and a successful commercial venue.
Important note: The apartments do not have own parking.

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