Residential / Commercial Investment Opportunity
Cotacachi, Cotacachi, Imbabura, Ecuador
Basic Listing Information
- Price
- $375,000
- Listing ID
- RS2400299
- Property Type
- Multiplex
- Listing Type
- Residential Sale
- Status
- Active
- Images
- 26
- Beds/Baths
- 5/4
- Beds
- 5
- Baths
- 4
- Location Type
- Mountain
- View Type
- City View, Garden View, Mountain View
- Total Lot Size
- 790.23 m² (8,505.93 sq ft)
- Total Living Area
- 380.82 m² (4,099.10 sq ft)
Listing Images
In the heart of Cotacachi this prime location is a golden ticket to a solid income ready investment opportunity. . Two sets of double doors open out to the street to welcome guests directly into the sprawling two story restaurant with exotic decorations. . The entire establishment is tastefully decorated with bamboo, natural wood, and hanging plants providing a relaxed indoor - outdoor atmosphere. . Many an event has been held at this establishment with capacity for 150 +. It has been a popular live music events venue complete with an elevated center stage set up to accommodate the band. . Along with the purchase would come some already pre existing regular clients that host an array of events. Both expats and locals are familiar with this go-to location for their preferred choice to hire out. The restaurant is open most days and over the 35 years in business will be handed over to the new owner - now that's a gift !! . Behind the music stage, restaurant, and bar we discover the commercial size food prep kitchen - NOTE - All utensils, appliances , and restaurant furniture are to be included in the sale. . Beyond the kitchen a little set back is the 2-story residential living space consisting of 5 bedrooms and 4 bathrooms, sauna, and exercise room. This could definitely serve as a hostel or air BnB rental opportunity. . As we wrap around the side of the event center's restaurant we come to the parking space that extends the full length of the property and permits parking for 4 vehicles, street parking is also permitted. . On the opposite side of the restaurant a decorative arch way leads the way out to a pleasantly romantic garden area. So perfect and popular with the regulars to take lunch out here and enjoy the sunshine and humming bird visitors. Also the preferred place to take photos to cherish the event with the memory. . So there you have it! Multipurpose investment opportunity in the heart of Cotacachi we sell you the property and hand over the keys to 35 years of pre established clientele.
See what the agent says about this listing (original title and description):
Residential / Commercial Investment Opportunity
In the heart of Cotacachi this prime location is a golden ticket to a solid income ready investment opportunity. . Two sets of double doors open out to the street to welcome guests directly into the sprawling two story restaurant with exotic decorations. . The entire establishment is tastefully decorated with bamboo, natural wood, and hanging plants providing a relaxed indoor - outdoor atmosphere. . Many an event has been held at this establishment with capacity for 150 +. It has been a popular live music events venue complete with an elevated center stage set up to accommodate the band. . Along with the purchase would come some already pre existing regular clients that host an array of events. Both expats and locals are familiar with this go-to location for their preferred choice to hire out. The restaurant is open most days and over the 35 years in business will be handed over to the new owner - now that's a gift !! . Behind the music stage, restaurant, and bar we discover the commercial size food prep kitchen - NOTE - All utensils, appliances , and restaurant furniture are to be included in the sale. . Beyond the kitchen a little set back is the 2-story residential living space consisting of 5 bedrooms and 4 bathrooms, sauna, and exercise room. This could definitely serve as a hostel or air BnB rental opportunity. . As we wrap around the side of the event center's restaurant we come to the parking space that extends the full length of the property and permits parking for 4 vehicles, street parking is also permitted. . On the opposite side of the restaurant a decorative arch way leads the way out to a pleasantly romantic garden area. So perfect and popular with the regulars to take lunch out here and enjoy the sunshine and humming bird visitors. Also the preferred place to take photos to cherish the event with the memory. . So there you have it! Multipurpose investment opportunity in the heart of Cotacachi we sell you the property and hand over the keys to 35 years of pre established clientele.
- Details
-
Number of Bedrooms 5 Number of Full Bathrooms 4 Number of 1/2 Bathrooms 4 Total Living Area 380.82 m² (4,099.10 sq ft) Total Lot Size 790.23 m² (8,505.93 sq ft) Unit Floor 2 Number of Stories 2 Roof Type Clay Tile Floor Covering Tile Construction Type Brick Construction Type Comment Anti - seismic structure Construction Status Completed Year Built 2004 Appliances Included Freezer, Oven, Refrigerator, Stove Air Condition & Heating No Furnished Type Fully Pool No Jacuzzi No Parking Type Carport, Street Number of Parking Spaces 4 - Geography
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Location Cotacachi, Cotacachi, Imbabura, Ecuador Country Ecuador State Imbabura County Cotacachi City/Town Cotacachi Location Type Mountain Geographic Type Highlands View Type City View, Garden View, Mountain View - Features
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Interior Features Included Gourmet Kitchen, Great Room, High Ceilings, Natural Wood Finishing, Storage Room Exterior Features Included Balcony, Covered Patio, Detached Guest House, Garden, Outside Seating-Area, Paved Driveway, Storage Closet, Washer/Dryer Hookup, Water Faucets, Workshop Security Features Perimeter Fencing, Security Lighting - Infrastructure
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Street Access Type Paved Road Type of Water City Water Type of Electricity Public Type of Sewer Public Type of Internet Other Type of Television Cable Television - Financial/Legal
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Price per Air-Conditionable Living Area $984.72/m2 ($91.48/sqft) Price per Square Meter $474.55/m2 ($44.09/sqft) List Price $375,000 Ownership Type Escritura Public
