Chiriqui Offices

Office For Sale

Plaza Pacífica - Commercial building with good return in busy San Mateo, David

$ 2,400,000

In the busy commercial area of San Mateo in David, this fully-rented two-storied commercial building is for sale. The renters consist mainly of Government offices, lawyers, a beauty salon, a car shop and a discothèque. The disco is becoming available so the new owner can either run the business himself or lease it to a new enterprise. The renters are mostly long-term and a waiting list for future renters of the offices exists. Long-term rental contracts have an automatic inflation clause. The property has 5 years tax exemption left. The area is ideal for business, as there is a hotel with a casino just opposite, various super markets and other shops adjacent an nearby. This area is highly frequented by pedestrians and motor traffic and the building itself has parking space. Due to its central location, the property also hs easy access to all the public services such as electricity, municipal water, telephone service, drinking water, trash collection and sewage. It is air-conditioned and has an alarm system. Many options are available regarding its further use: The property can be taken over and used as is, carrying itself and making a profit; it could be turned into a full office building; a third floor could possibly be built... The building has a mortgage with a remaining 25-year pay-back period, which can be taken over. The owners are open to reasonable financing options.

Area:: 1899 m²
Beds:: -
Baths:: -
Parkings:: -

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