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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

Print Listing

Agent Information

Sergio E. González

Broker

RE/MAX Executive Realty - San Jose, Escazu

Phone:
+506-2228-0200
Cell Phone:
+506-8820-4412
:
+506-2228-9747
Office Phone:
+506-2228-0200
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