Beautiful Mexican Colonial Downtown hotel/restaurant

$1,490,000

About this Property

Fantastic centrally located small hotel in Cancun. This medium sized building of 1500 m2 can actually construct another 1000 plus meters to the existing building. It has all of the documents in order to operate a hotel, restaurant, and a few retail locations within the building. It has 17 rooms each with a bath room, including a manager’s suite with a partial view of the ocean from the second third and fourth floors. As you can build up another 2 to 3 floors and put a rooftop pool and lounge area this well maintained building is in great shape but may need some updating on the furniture inside although it comes fully furnished right now. The center courtyard provides a great open air garden area with beautiful Talavera mosaics from Guadalajara, Mexico throughout the garden area and restaurant with seating capacity for up to 120 people. There are two retail locations facing the main avenue and another two retail or office spaces inside the building that could be used for a variety of business or medical purposes depending on the need of the owner or potential renter.

This great property has a tremendous value for its central location and recently reduced price. Plus the opportunity to expand is available plus the possibility of purchasing an adjacent undeveloped lot for sale.

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José García de La Torre 54
Cancún 77500 Q.R. MX
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