The Sea Tower commercial building is located in a very desirable location in downtown Tamarindo directly across from the newly renovated skate park and very popular Saturday green market. It has Super Compro, a national grocery chain with over 35 locations as a solid anchor! The building was built in 2005. It encompasses an estimated 18,300sf (1700sm) and is 90% leased. The basement and first floor are occupied by Super Compro. The second floor is occupied by the Tama Market. The third floor is currently available for lease and The fourth floor and roof top terrace with an incredible view of the Tamarindo bay is occupied by The Roof restaurant, a tenant for many years. There are two small kiosks at the front of the building rented out for additional income. Each lease has a 3% to 5% rate increase each year of the contract. The property also has a qualified property manager willing to stay on as well. A new wastewater treatment plant has been installed with the cleaned waste water being discharged to irrigate the skate park across the street. Partial owner financing is potentially available also. Excellent Investment Opportunity on AAA Location! Don't wait!
- Asking Price:
- $1,950,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K (USD)
- Cash Flow:
- $190,000 (USD)
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Prime Central Tamarindo Location
- Premises Details:
-
Four Story Mixed Use Commercial Building
- Size in square feet:
- 19,000
Business Operation
- Competition / Market:
-
None
- Reasons for selling:
-
Business is non core
- Employees:
- 2
- Years established:
- 20
