Description
Sale of 3-story building, located on Obaldia Avenue, very close to the Pan-American Highway and downtown David, surrounded by banks and many shops. This structure has been suitable for commercial use on the one hand and on the other hand it has been adapted for hotel use.
Most of its area is occupied by hotel structures, these have been recently renovated in the last 6 years. This area is perfect for a hotel as it offers the much desired convenience of being close to everything in the city, the hotel can be renovated, have a new image and be a completely successful investment. In addition, the commercial area of the building is perfect for complementing it with a business that needs generous spaces, this is a way to generate passive income with this property, your investment can pay for itself in a short time.
Its distribution is simple, on the ground floor we have interior areas that are reception and two restrooms, the exterior area on the ground floor has the building’s parking lots and additionally the water pump storage area and water reserve tank. The first floor of the hotel has 15 single rooms, 10 double rooms and 2 triple rooms; the second floor has 4 apartments with 3 bedrooms and 2 apartments with 2 bedrooms. All rooms have very good finishes and comfortable spaces.
As an additional amenity, this hotel area is equipped with an electric generator for the comfort and safety of its guests.
The commercial area of the building is also very big. Being an open structure plus a mezzanine, it is distributed on the ground floor with an exhibition area, an office, a warehouse space, 1 toilet and parking. It is ideal for those businesses that need space to display their products. In this structure we have a mezzanine which is divided into 1 office, 4 cubicles, 1 waiting area, half bathroom and a cafeteria area.
This building has accesses ready for video surveillance systems and has a perimeter wall.
Being a very popular location, exposure and daily traffic is guaranteed, it is an excellent investment opportunity if you want to develop a great business in one of the main veins of the City of David.
For visits to the property and more information text us at 6981.5000 or send us an email to wyfung@prestigepanamarealty.com
