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Oceanfront Caribbean Sea Commercial

1st Street Oceanfront Downtown Bocas Del Toro : Panama

0.05 Acre
$475,000 USD
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Property Description

Direct Oceanfront Caribbean Sea Commercial Property Downtown Bocas del Toro, Panama

Unique Commercial Property in the heart of downtown Bocas Del Toro. Direct ocean access via private dock with upper-level restaurant and dining area, this property has views of three neighboring islands.

Three streams of revenue Fully operational restaurant currently leased to an independent operator, 1 Br/1Ba apartment, Retail Space with changing rooms/bathroom, and Tour Office that has departure dock space. After Covid the restaurant is rented for $1700, the apt for $600, and the first floor's new tenant will start at $1300 for 3 months and go to $1800 after that depending on how Covid recovery goes for everyone. Could be completely renovated to facilitate your business plan.

Other parcels along the same waterfront are being listed for sale at similar prices without any income-generating opportunities in place. The downtown oceanfront area of Bocas Del Toro has seen an increase of larger hotels being built on similar oceanfront parcels. The property is located just minutes from the airport, Simon Bolivar Parque, Bocas Town's major grocery stores, and other tourist activities.

Bocas Del Toro has also opened a new hospital just on the outskirts of town. This is a tremendous opportunity to see an immediate return on your investment in a stable Caribbean Island chain or implement your business plan to ride the wave of growth expected in Panama's hidden jewel-Bocas del Toro.

Parcel next door is also available if interested. This would double the footprint as well as increase monthly return by an additional $900-

Buyer to verify all measurements

More Property Details

Has Residence / Home
Has Commercial Building
COMMERCIALFLIP ID
215413
MLS / Internal / Other ID
60002-19410
Posted on COMMERCIALFLIP
646 Days Ago
Last Updated
29 Days Ago
Views
120
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