Investment Opportunity! Commercial Building at Tamarindo Beach!

Sales Price: US$2,300,000
ID: 3763

Details the Property

Land: 384 m2
Construction: 1,700 m2

Property Description

Sea Tower retail building in Playa Tamarindo, Costa Rica.

This attractive building is located right across the street to the newly remodeled Oneida Park (skate park and Tamarindo’s farmers market), and at 1 block off the beach right in downtown Tamarindo. It comprises 4 floors and a basement with an approximate total of 18,300 square feet (1.700 m2) of construction.

As an anchor, the nationwide grocery chain Super Compro leases the basement and first level with a contract for 8 years renewable. The second and third floors are occupied by a Hostal and on the 4th level is leased by “The Roof” which is an ocean-view restaurant and lounge with a 3-year renewable contract. Also, at the street level, there are two kiosks both leased as food stands.

The owner is offering Seller financing as part of the deal with $1,200,000 USD down, the rest of the details can be arranged with a formal offer.