Efficiency For Sale In Mazatlán, Mexico

Property Description

EXCELLENT INVESTMENT OPPORTUNITY WITH GUARANTEED RENTAL INCOME. Building located in the heart of the Historic Center, just 2 blocks from the Pino Suarez Market, the Cathedral and the Municipal Palace. The first floor consists of 4 commercial spaces, each with an approximate area of 60m2. The upper floor has 2 spacious apartments – one with 3 bedrooms and 2 bathrooms and the other with 2 bedrooms and 2 bathroom. An additional level can be built if desired.

The building is located in a commercial area with high pedestrian traffic with many medical offices and stores around, therefore the 4 commercial spaces of the building are always rented and generating income. The apartments on the second level rent out long and short term to Mexican and foreign tourists.

Other Downtown attractions such as the renowned Plaza Machado and the vibrant Olas Altas Beach area are within a 5 to 9-minute walk away. This building is a great investment opportunity with a central location and expansion possibilities.

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Land: 2,978 ft2
Construction: 5,399 ft2

Amenities:

• Commercial-residential building located in the heart of the Historic Center.
• 4 commercial spaces on the first floor, each one with an approximate area of 646 ft2
• 2 spacious apartments on the 2nd floor
• Close to Plaza Machado, the beach and the Mercado
• Guaranteed rental income
• Possibility to build another floor
• 2 water tanks