PRICE DROP: Hot Location for Retailers next to Mc Donalds Heredia.
For Sale

$ 500,000.00

This property has been viewed 1586 times.

listing details
  • Listing ID: 400232270005
  • Property type: Commercial building
  • Contract type: For Sale
  • Price: $ 500,000.00
  • Listed by: RE/MAX FORTALEZA 360
  • Stories/Floor: 3
  • Construction size: 197.00 Sq. Mt. - 2,120.49 Sq Ft.
  • Lot size: 353.00 Sq. Mt. - 3,799.66 Sq Ft.
features
  • Garage open
Description

 

Investment opportunity of this three-story building for retailers in Heredia, Costa Rica.

Location: This property is located in the vibrant heart of Heredia, a city known for its economic growth and strategic position within the Greater Metropolitan Area of Costa Rica. Situated in a bustling commercial district, this building benefits from high foot traffic and excellent visibility, making it an ideal location for retail businesses.

Building Description: The three-story building offers aprox 197 square meters of retail space, providing ample room for multiple tenants or a flagship retail store. Also this opportunity provides its parking lot with 273 square meters in a separate plano.

All combined is 353 sm of land with a building of 197 sm for retail space. 

Key Features:



  • Prime Retail Space: Each floor is designed for retail use, with layouts that can accommodate various businesses such as boutiques, cafes, showrooms, or offices.



  • Accessibility: Conveniently accessible by both pedestrian and vehicular traffic, ensuring easy reach for customers from surrounding areas and beyond.



  • Surrounding Amenities: Positioned in a lively commercial area, the building benefits from nearby amenities including banks, restaurants, and public transportation hubs, enhancing its appeal to businesses and customers alike.



Investment Potential:



  1. Rental Income: With its prime location the building offers a lucrative opportunity for generating rental income from multiple tenants. The demand for retail space in Heredia is strong, ensuring a steady stream of potential tenants seeking to capitalize on the city's growing consumer market.



  2. Capital Appreciation: Given Heredia's economic growth and development trajectory, properties in this area are expected to appreciate in value over time, offering potential capital gains for investors.



  3. Diversification: Investing in commercial real estate in a thriving city like Heredia provides diversification benefits to an investment portfolio, reducing overall risk exposure.



Market Outlook: Heredia is experiencing rapid urbanization and economic expansion, driven by its proximity to San José and its growing reputation as a hub for technology, education, and commerce. The city's increasing population and rising disposable income levels bode well for retail businesses, making this building an attractive investment opportunity.

In summary, this three-story retail building in Heredia, Costa Rica, represents a compelling investment opportunity in a dynamic and growing market. With its prime location and potential for rental income and capital appreciation, this property offers investors a strategic entry point into Costa Rica's burgeoning retail sector. 

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