Commercial property for sale in West Sabana, with established tenants

Discover a unique investment opportunity in West Sabana. This commercial property, located on the main street and close to Ucimed, offers an excellent return on investment thanks to its multiple rental units and a functioning commercial space.

Location Benefits:

• Located in West Sabana, one of the most dynamic and accessible areas of San José.
• Proximity to Ucimed, increasing traffic and visibility for the commercial space.
• Main street location ensuring a constant flow of potential customers and residents.

Property Details:

• Price: $830,000
• Lot Square Meters: 335 m²
• Construction Square Meters: 380 m²
• Residential Units:
  • 1 one-bedroom apartment.
  • 2 two-bedroom apartments.
  • 1 spacious apartment that can be rented as a three-bedroom.
• Commercial Space:
  • 94 m², currently leased to a well-established restaurant with over 12 years in the area.

Given current market conditions, monthly rents of up to $4,850 are expected, resulting in a potential cap rate of almost 7% annually.

Noteworthy Features:

• Recent renovations in the apartments with modern finishes.
• Solid concrete construction in both the restaurant area and the apartments.
• Dedicated space in front of the property for the restaurant.
• Property on a main street, ensuring high visibility and access.

Additional Advantages:

• Passive income generation with established tenants.
• No need for major additional investments due to recent renovations.
• Diversification opportunity with multiple rental units and a successful commercial space.

Important Note: The apartments do not have their own parking spaces.