Los Arcos

MLS ID:

Los Arcos

Listing Date:

Jun 21, 2007

Property Type:

Restaurant

City:

Progreso

State:

Yucatan

Stories:

2

Living Area:

6,458 Sq. Ft.

Lot Size:

6,458 Sq. Ft.

Price:

$500,000 USD
Investors don’t miss this magnificent and unique opportunity! I’m selling a beautiful two-story building located right on the seaside promenade in Progreso, Yucatan, in front of the Gulf of Mexico, and with an amazing view of the longest pier in the world. In this imposing building there is currently a Five-star restaurant, with a seating capacity on the first floor for 150 people, another 150 on the second floor, and seven palapas right on the beach reserved for clients of the restaurant. The building has a great location, being on a corner and thus giving easier access for services by use of a back entrance. The restaurant was built using first-class finishing; it has fine bathrooms for both men and women, with talavera tiles and sinks, a large kitchen with complete, state of the art appliances and two 500 kilogram freezers. All the furnishings are Mexican style, with tables and chairs made in Guadalajara. There is a music system throughout the restaurant, televisions for sports events, etc, a stage for live music, and a dance floor. Considering that soon this area will be inundated with workers and support staff for the soon-to-come off-shore oil platforms in this area,will show great appreciation value. There is already an 8-lane highway that has been built in anticipation of the growth that this area is going to see, which begins in the city of Merida and runs the entire 18 miles to Progreso. At this time, there is no more available land along the seaside promenade, so take advantage of this great opportunity.

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