Commercial Building for Sale in Merida, Mexico
5,000,000 USD

Commercial Building for Sale in Merida, Mexico

Prime Office Building

Asking Price: 5,000,000 USD
MONEY MAKING COMMERCIAL PROPERTY! Located on one of the two main streets in Merida, this property consists on a two-story building with 16 commercial offices on the first floor and 31 offices on the second floor. It is located across from Church Iglesia de Catedral de Merida, beside the Palace of the Government of the Estate and across from the Principal Park and the Historic Center of Merida. The gross income from this property is $258,176 pesos and expenses are approximately $26, 217, with a net of approximately $231,959 pesos. All the tenants are currently paying on time, and the building is currently rented. It also features a parking garage with a capacity for 120 cars. The garage is paved and partially covered with a tollbooth, bathroom and good drainage. The property could be converted into a shopping center with a parking garage and could also be converted into a hotel or a department store.