Office space for sale, Las Terrenas VBE69114
Description
Beachfront shopping plaza with beach club, in the heart of Las Terrenas, Samaná.
An uncommon beachfront commercial offering: a fully functioning outdoor plaza on a 3,800 m2 (approximately 1 acre) lot with ample direct beachfront.
The three connected buildings of the square (approximately 600 m2 of construction) house 24 premises and offices, including restaurants, real estate offices and clothing boutiques, with a beach club operating directly on the sand as the anchor of the project.
Twenty units are currently leased, generating more than $10,850 gross per month.
The beach club is an active beachfront restaurant and nightlife business, valued at $1,500,000, included in the price.
The plot is subdivisible: the wide beachfront can be divided into separate lots to sell, develop or conserve separately.
A large section of the beachfront is currently unoccupied, representing a direct opportunity to add revenue with a beach restaurant, lounge or events.
Current rents are below the area average, with immediate potential for improvement through rent adjustments and integration of higher-performing businesses.
It has separate parking for up to 12 vehicles, plus 6 spaces in front of the plaza and place for motorcycles.
With stabilized revenues, an operating beach club, expansion-ready beachfront, and subdivision flexibility, this is a premier acquisition for investors looking for cash flow today and multiple exit avenues in the future.
The property is divided into three components that can be sold independently or jointly: the beachfront plot with the beach club and rear commercial space, at $2,000,000; the adjacent commercial building with nightclub, diving school and restaurant units, at $2,000,000; and the rear building, ideal for conversion into a boutique hotel, with the possibility of obtaining a casino license under Dominican regulations, at $1,200,000.
You can acquire a single component or the entire beachfront property.
Let's talk without haste.
More information
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