Solid investment in Limón: Consolidated commercial property in Siquirres: Mixed Use Building For Sale in Siquirres

Income producing Commercial property up for sale, fully rented, long term lease already in place. 12.5% R.O.I. Commercial building.

Building is rented long term by the government agency CCSS (Social Security Admin. of Costa Rica). CCSS or "The CAJA" is renting the building, making for a very secure and on-time paying tenant. On top of that the building has just under went an entire remodel and maintenance inside and out making it virtually maintenance free. Perfect long-term tenant, with an amazing price that's been discounted to sell quickly at $200,000 USD.

Long term Rental contract recently signed for 6 years and in place with the Government, tenant occupied (CAJA) government agency, long term rental income $2050 monthly.

The location of the property and building are in the town of Cimarrones, 13 kilometers East of Siquirres along HWY 32. The property is located along the heavily traveled highway that services Costa Ricas largest port of the country APM Terminals of Limon. The entire property is made up of 2 parcels, adjacent to one another but being sold together. Both properties together consist of 4200 Meters Squared (Approx. 1 acre). The building itself sits on its own and independent property of 3000 M2, the additional property adjacent is 1200 m2 and could be sold independently at anytime.

The building construction is roughly 4500 square feet, complete with 5 rental units, and 2 large public bathrooms servicing the outside areas. Each office has its own independent bathroom and storage unit. 7 bathrooms in total. Plenty of parking is available on-site directly of HWY 32. The original construction is approximately 14 years old, in great condition, concrete block, stainless steel clay tiled roof and nicely landscaped. This property is perfectly located to take advantage of new business from the Free Trade Zone in Buffalo and all the Import/ Export business from the business port Limon and the new Meg-Port project currently being constructed.

The new HWY being constructed right now has increased traffic to the area making property values continue to rise given the extensive expansion and state of the art shipping port of APM Terminals in Limon.

Contact us today and we will schedule your visit!