Costa Rica - 2012 February , 06
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commercial building in best commercial area downtown Escazu

Code: 373



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Location: Escazu, named the “golden mile” in down town Escazu. San Jose area
Size: Ca. 600 m2 of land, ca 400 m2 construction
Province: San José
Features: Commercial space: at this moment in use as a restaurant: several rooms (bedrooms 5), 4 bathrooms, 2 living rooms (restaurant) terraces, huge kitchen with professional equipment, indoor garden.
Price: $475,000
Status: Active

Full Description: This eclectic property it currently busy being an established private dining and off site catering business. It was formerly a 5 bedroom 4 baths that has been converted into a series of cozy dining areas with seating for over 50. All rooms are appointed nicely with a designer’s touch in regards to furnishings and art. The large French style kitchen comes fully equipped from top to bottom and is capable of handling large volume if need be. There are also 2 retail spaces with street frontage that could be rented out, providing additional income.

The house itself is located on the Golden Mile in Escazu, across the street from a large new high end commercial center. This guarantees the property will continue to appreciate over the short term as old construction gets replaced by new. The lot size is large enough to entertain plans for new construction in the future. Neighboring properties can be bought with this property for future development of a big commercial center, please inform for prices.

In short, this is a great opportunity to take over an existing business, in a building that offers unlimited layout opportunities. This combined with the prime location makes it an excellent income earning investment with strong property appreciation potential.

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