2 Story For Sale in Bavaro
Store front/office commercial property
• 540 sq. ft. 2 story - $50,000 USD - Ground floor $75,000
Bavaro, Punta Cana - Modern Commercial Park in the business center of Bavaro. This commercial park is located in the heart of a busy business district in close proximity to banks, offices and stores. Great investment opportunity positioned next to the main highway which is the major route to more than 8,000 hotel rooms. This two story structure will have business offices on the second floor with the exhibition area on the ground floor. The warehouse that neighbors this commercial park just signed a 5 year contract for a large supermarket.
Floor space is currently renting for at least $1,000/month on the ground floor and for $850-900 on the top floor per month for stores measuring 50 sq mtrs / 540 sq ft. All buildings will be built with concrete blocks with display windows. There are only 24 stores available for sale, 12 on the ground floor and 12 on the second floor. For the investor there is good potential for a net 14% return on investment from rentals. Ground floor stores are U$ 75,000 and second floor stores are U$ 50,000 per 50 m. sq.
Terms:
Reservation with 10% down
20% at the start of construction beginning in December 2006
40% during the construction period in 6 equal monthly payments and
30% on delivery.
Property information