Lot 10 5th Av, Quintana Roo, ­ 77710

$1,200,000
2
BD
2
BA

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List Price
$1,200,000
Status
ACTIVE
Days on Market
445
MLS#
MX25928275
Subtype
Commercial Sale
Year Built
2000
Bedrooms
2
Bathrooms
2
Full Baths
2
Acres
0.01
Subdivision
Playa Del Carmen Centro

Property Description

Commercial space with two apartments in a prime downtown location Located right next to the old Tequila Barrel Bar(now Cuidado con el Perro store) in the heart of downtown Playa del Carmen, this well-maintained building has two retail stores, a studio apartment and a penthouse. It’s right in the middle of all the action and perfectly situated to take advantage of the heavy foot traffic along Playa del Carmen’s world-famous 5th Avenue. This downtown Playa del Carmen commercial space is perfect for a savvy investor looking to expand into this rapidly growing tourist destination. Your guests will delight in the ease and convenience of this prime downtown location, guaranteeing its constant rental occupancy and ensuring a healthy return on your investment for many years to come. The studio has an open floor plan with a kitchenette, separate living and sleeping areas, and large windows that let in plenty of natural light. The two-story penthouse is a spacious 2 bedroom 2 bath unit with a combined kitchen and living area on the main floor and a large terrace off the upstairs bedroom. Both units are decorated in a rustic style with distressed wood furnishings and colorful, original tile work. They are equipped with air conditioning and wireless Internet access. This building will easily generate enough rental income to provide a comfortable income. The stores are rented on a one-year contract and the apartments are ideal for vacation rentals or even long-term rentals. Contact one of our friendly agents today to learn more about this fantastic investment opportunity!

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Listing courtesy of BuyPlaya Real Estate Advisors.