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  • Plaza Vista Verde: 10 Unit Commercial Center For Sale in Playa Potrero, Costa Rica

    Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica

    Basic Listing Information

    Price:
    $550,000
    Listing ID:
    CS1400594
    Property Type:
    Strip Center Complex
    Listing Type:
    Commercial Sale
    Status:
    Sold
    Images:
    17
    Beds/Baths:
    -/6
    Location Type:
    Ocean-Vicinity, Oceanfront
    View Type:
    Beach View, Greenbelt View, Mountain View, Southern View, Western View, Wooded View
    Total Lot Size:
    469.00 m² (5,048.25 sq ft)

    Listing Images

    • 10 Unit Commercial Center
    • Unit 7: Masseuse
    • Unit 8: House of Rentals
    • Unit 9: Available
    • Unit 10: Available Restaurant Space
    • Unit 10: Available Restaurant Space
    • Unit 10: Available Restaurant Space
    • Unit 10: Available Restaurant Space
    • Unit 10: Available Restaurant Space
    • 100 Meter East of Playa Potrero
    • 100 Meter East of Playa Potrero
    • Unit 1: Tobico Sushi
    • Unit 2: Super Verde Grocery
    • Unit 3: Krain Costa Rica
    • Unit 4: Available
    • Unit 5: Dentist
    • Unit 6: Beauty Salon

    Tenants include a Dentist Office (33.5 M2), Hair Salon (48.5 M2), Masseuse (48.5 M2), Property Management Company (33.5 M2), Sushi Restaurant (55 M2), Grocery Store (193 M2), and Real Estate Brokerage (25 M2). Rents are currently below normal do to the ripple effect of the US housing market crash. The Pendulum is now swinging the other way and investors, retirees and second home buyers have renewed interest in the area. The Costa Rica real estate market is regaining it's strength. This in an extremely solid investment. Top floor restaurant & terrace (available) has 1959 SF of indoor space and 2150 SF of outdoor space. This space could also be converted into a private 4 bedroom luxury condo with a private elevator. Restaurant has central air conditioning installed. Current Cap rate is at 9%. Cap rate should return to 12-14% over the next 1-2 years. SELLER FINANCING AVAILABLE! 50% Down Payment 5-10 Year Balloon Amortized 25 year 5% Interest Rate Located in Playa Potrero. Vista Verde is located in the Surfside Estates community of Playa Potrero. Potrero is just north of Playa Flamingo on the road to Las Catalinas. Area is drastically changing with renewed interest from American and Canadian investors. Main road was just paved going through Potrero. This alone is going to bring new home buyers and investors to the area. Unit Sizes / Rental Rates: Unit 1: 55m2 / 592 SF (Tobico Sushi) Unit 2: 193m2 / 2077 SF (Super Plaza Verde Grocery Store) Unit 3: 25m2 / 269 SF (Krain Costa Rica) Unit 4: 25m2 / 269 SF (common area kitchen / available) Unit 5: 33.5m2 / 360 SF (Dentist) Unit 6: 48.5m2 / 522 SF (Beauty Salon) Unit 7: 48.5m2 / 522 SF (Masseuse) Unit 8: 33.5m2 / 360 SF (House of Rentals) Unit 9: 25m2 269 SF (Available) Unit 10: 382m2 / 4110 SF Total (Inside & Outside) 182m2 / 1959 SF (inside) & 200m2 / 2151 SF (outside) / R

    See what the agent says about this listing (original title and description):

    10 Unit Commercial Center For Sale in Playa Potrero, Costa Rica

    Tenants include a Dentist Office (33.5 M2), Hair Salon (48.5 M2), Masseuse (48.5 M2), Property Management Company (33.5 M2), Sushi Restaurant (55 M2), Grocery Store (193 M2), and Real Estate Brokerage (25 M2). Rents are currently below normal do to the ripple effect of the US housing market crash. The Pendulum is now swinging the other way and investors, retirees and second home buyers have renewed interest in the area. The Costa Rica real estate market is regaining it's strength. This in an extremely solid investment. Top floor restaurant & terrace (available) has 1959 SF of indoor space and 2150 SF of outdoor space. This space could also be converted into a private 4 bedroom luxury condo with a private elevator. Restaurant has central air conditioning installed. Current Cap rate is at 9%. Cap rate should return to 12-14% over the next 1-2 years. SELLER FINANCING AVAILABLE! 50% Down Payment 5-10 Year Balloon Amortized 25 year 5% Interest Rate Located in Playa Potrero. Vista Verde is located in the Surfside Estates community of Playa Potrero. Potrero is just north of Playa Flamingo on the road to Las Catalinas. Area is drastically changing with renewed interest from American and Canadian investors. Main road was just paved going through Potrero. This alone is going to bring new home buyers and investors to the area. Unit Sizes / Rental Rates: Unit 1: 55m2 / 592 SF (Tobico Sushi) Unit 2: 193m2 / 2077 SF (Super Plaza Verde Grocery Store) Unit 3: 25m2 / 269 SF (Krain Costa Rica) Unit 4: 25m2 / 269 SF (common area kitchen / available) Unit 5: 33.5m2 / 360 SF (Dentist) Unit 6: 48.5m2 / 522 SF (Beauty Salon) Unit 7: 48.5m2 / 522 SF (Masseuse) Unit 8: 33.5m2 / 360 SF (House of Rentals) Unit 9: 25m2 269 SF (Available) Unit 10: 382m2 / 4110 SF Total (Inside & Outside) 182m2 / 1959 SF (inside) & 200m2 / 2151 SF (outside) / R

    Long Description

    Seller is offering a fixed 5% Interest rate over a 20 year term with a $150K down payment. You will not get better terms anywhere! Tenants include a Dentist Office (33.5 M2), Hair Salon (48.5 M2), Masseuse (48.5 M2), Property Management Company (33.5 M2), Sushi Restaurant (55 M2), Grocery Store (193 M2), and Real Estate Brokerage (25 M2). Rents are currently below normal do to the ripple effect of the US housing market crash. The Pendulum is now swinging the other way and investors, retirees and second home buyers have renewed interest in the area. The Costa Rica real estate market is regaining it's strength. This in an extremely solid investment. Top floor restaurant & terrace (available) has 1959 SF of indoor space and 2150 SF of outdoor space. This space could also be converted into a private 4 bedroom luxury condo with a private elevator. Restaurant has central air conditioning installed. Current Cap rate is at 9%. Cap rate should return to 12-14% over the next 1-2 years. SELLER FINANCING AVAILABLE! As little as 18% Down Payment(100K), 20 Year term, and 5% Interest Rate! Located in Playa Potrero. Vista Verde is located in the Surfside Estates community of Playa Potrero. Potrero is just north of Playa Flamingo on the road to Las Catalinas. Area is drastically changing with renewed interest from American and Canadian investors. Main road was just paved going through Potrero. This alone is going to bring new home buyers and investors to the area. Unit Sizes / Rental Rates: Unit 1: 55m2 / 592 SF (Tobico Sushi) Unit 2: 193m2 / 2077 SF (Super Plaza Verde Grocery Store) Unit 3: 25m2 / 269 SF (Krain Costa Rica) Unit 4: 25m2 / 269 SF (common area kitchen / available) Unit 5: 33.5m2 / 360 SF (Dentist) Unit 6: 48.5m2 / 522 SF (Beauty Salon) Unit 7: 48.5m2 / 522 SF (Masseuse) Unit 8: 33.5m2 / 360 SF (House of Rentals) Unit 9: 25m2 269 SF (Available) Unit 10: 382m2 / 4110 SF Total (Inside & Outside) 182m2 / 1959 SF (inside) & 200m2 / 2151 SF (outside) / R

    Details
    Roof Type: Stone
    Number of Units: 10
    Number of Full Bathrooms: 6
    Unit Floor: 1
    Number of Stories: 3
    Total Interior Area: 1,000.00 m² (10,763.87 sq ft)
    Total Lot Size: 469.00 m² (5,048.25 sq ft)
    Floor Type: Concrete
    Construction Status: New Construction
    Construction Type: Concrete Block
    Year Built: 2009
    Air Condition Type: Central, Multiple Wall Units
    Furnished Type: Partially
    Pool: No
    Jacuzzi: No
    Parking Type: Detached Carport
    Number of Parking Spaces: 6
    Telephone: Yes
    Internet Types: Cable Internet, DSL Internet
    Television Types: High Def. Cable TV
    BBQ: No
    Geography
    Location: Playa Potrero, Tempate, Santa Cruz, Guanacaste, Costa Rica
    Country: Costa Rica
    State: Guanacaste
    County: Santa Cruz
    District: Tempate
    City/Town: Playa Potrero
    Location Type: Ocean-Vicinity, Oceanfront
    Geographic Type: Dry Forest
    View Type: Beach View, Greenbelt View, Mountain View, Southern View, Western View, Wooded View
    Features
    Interior Features Included: Bar, Elevator, Fully Equiped Kitchen, High Ceilings, Recessed Lighting
    Exterior Features Included: Balcony, Elevator
    Infrastructure
    Street Access Type: Paved Road
    Type of Water: City Water
    Sewer Available: No
    Type of Internet: Cable Internet, DSL Internet
    Type of Television: Cable Television
    Type of Electricity: Public
    Telephone Available: Yes
    Financial/Legal
    Price per Air-Conditionable Living Area: $550.00/m2 ($51.10/sqft)
    Price per Square Meter: $1,172.71/m2 ($108.95/sqft)
    List Price: $550,000
    Ownership Type: Fee Simple

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