Placencia’s Multi-Unit Income Generator
Description
The Placencia Peninsula continues to attract travelers, retirees, and investors alike. Just steps from the Placencia Municipal Airport, this income-generating property presents exceptional potential in one of the area’s most desirable locations. Offering over 6,113 sq. ft. of building space, the property is divided into three distinct rental units, all currently occupied, providing immediate and consistent income.
1. Restaurant / Commercial Space
Previously operating as a popular restaurant, this high-visibility location catered to travelers arriving and departing from the nearby airport. The space features expansive indoor and outdoor dining areas, an open-concept kitchen, and two half bathrooms. With multiple parking spaces and existing plumbing in place, it is perfectly suited for a new restaurant, café, or similar venture. This unit is currently leased, ensuring guaranteed rental income for the next three years.
2. Commercial Office Space
Formerly used as a real estate office, this unit is now occupied and offers two open-concept rooms along with a private bathroom. It provides a turnkey solution for professionals or small businesses seeking a convenient and functional workspace.
3. Fully Turnkey Apartment / Live-On-Site Option
Located on the second floor with dual access points, this spacious two-bedroom, two-bath apartment includes a large kitchen and comfortable living area. Sold fully furnished, the unit is currently rented with a three-year lease in place. Enjoy partial sunset views from the private back porch, while the front veranda offers glimpses of the Caribbean Sea. This setup is ideal for an owner-operator, live upstairs while generating income from the units below or continue renting as a highly desirable Airbnb due to its proximity to the airport.
This is a rare opportunity to own a versatile, income-producing property in a prime location. The seller is motivated, and owner financing is available.
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