Beachfront commercial plaza in the very center of Las Terrenas

This central plaza is a vibrant commercial hub located in the very heart of Las Terrenas and with a direct beachfront access. The 3,800 m2 (1 Acre) lot has a wide beachfront, and the building is about 600 m2. It features 24 diverse shops and offices, including a Mexican restaurant, Thai restaurant, real estate offices, clothing stores, a beach club and night club. Currently leased 20 shops grossing a monthly income over U$10,850.00 The open air Commercial Plaza has 3 connecting buildings and also offers private parking, exclusive beach frontage. The plaza benefits from several high transited roads and a bridge connecting the “Fisherman Village” and the Beach Club The financials suggest an operating profit that can be improved by increasing the rentals prices of the small business which are below other shops in town. As well as integrating some of the high generating businesses. The owners own a beach club lying in the beachfront of the plaza. The business (ETNO BEACH CLUB) included in the price, valued at 1.9M USD. Yearly profits projected around 200,000 USD per year. Which would drastically improve return on the total investment. The property is sold with a separate lot used as parking space for up to 12 vehicles, on top of the 6 parking spots in front of the plaza. There is space for dozens of motorbikes as well. The beachfront of the property is large, and unoccupied, leaving opportunity to add businesses / revenues. This listing is ideal for investors seeking a prime commercial property with a mix of current tenants and potential for expansion in a prime touristic location. Contact us for more details. Listed exclusively with Atlantique Sud.