This offer includes a LARGE modern, 3-level commercial building with established tenants PLUS two separate businesses – together generating around TEN PERCENT annual ROI – AND two self-contained apartments, right off the busy COSTANERA highway, with plenty of staff and customer parking, in the rapidly growing service and tourist town of UVITA…. WOW
UVITA is a buzzing and rapidly expanding centre of tourism and services – local and global visitors, expats, entrepreneurs and retirees are flocking to the COSTA BALLENA area, with Uvita’s surf schools, pristine beaches, eco and adventure tourism and MARINO BALLENA NATIONAL PARK being major attractions.
Thanks to the town’s popularity and rapid expansion, Uvita’s commercial real estate is at a premium especially locations bordering the Costanera Sur highway (Route 34), THE major throughfare of Costa Rica’s Pacific Coast. This highway extends from Orotina in the north (just west of San Jose) down to Palmar, where it merges with Route 2 and provides access to Panama and the world-famous Corcovado National Park. The Costanera serves tourists, expats, travellers, commercial vehicles, long distance buses and local traffic, and traffic = PROFIT!
This large 2000 sg meters building is located adjacent to the Costanera, right next to the Marino Ballena National Park entrance road, and borders the tourist area full of cafes, restaurants and accommodation, just 1.4 km from the central intersection of Uvita.
But not only does this property benefit from its premier location – it also holds plenty of staff and customer parking at the front and rear of the building, and a wide driveway which makes entrance and exit a breeze. An elevator, centrally located at the front of the building, ensures the top floor is accessible to all.
Walkways around the building are covered, keeping visitors cools in the sun and dry in the rain. The building is large and extends far back away from the highway.
An additional level, located partially underground, is accessible from the rear of the building and serves as a massive Pacific Pools warehouse.
Two sides of the building are accessible from ground level or second story verandas, with a central second story hallway extending all the way to the back of the building towards the patio of RETRO COFFEE restaurant.
The offer includes two businesses currently housed in the commercial building:
-PACIFIC POOLS & CONSTRUCTION and associated service companies, specializing in swimming pool and spa construction, accessories, and maintenance. This is a locally well-known and profitable business.
-RETRO COFFEE, a large and beautifully outfitted café / restaurant. It includes all furniture and kitchen equipment. Retro Coffee is currently closed but can be brough online with minimal delay.
The offer also includes two separate apartments contained within the building.
There are 2 office spaces available and 6 tenants are currently leasing space in the building:
-FIVE MAES, a popular burger and chicken wings restaurant
-FARMACIA DON, a pharmacy
-JPC CONSTRUCTION COMPANY
-SOS ANGEL, a construction company
-DSGN COSTA RICA, a bed and bedding retailer
-INS Insurance Company
Detailed financial statements will be made available following the completion of a Non-Disclosure Agreement (NDA). These statements document the Financial Year 2022 as well as half of the current (2023) Financial Year.
