Mixed-Use
Mixed - Use - Tijuana, B.C., Mexico
Av. del Pacifico 620, Playas, Monumental, 2259, Tijuana, B.C., Mexico, Tijuana, B.C., Mexico, CA 99999
Listing Price: $1,280,000
Investment Overview
Marcus & Millichap has been selected to exclusively represent for sale the property at Av Del Pacifico 620, Playas, Monumental, 22504 Tijuana, B.C., Mexico. This is a Mixed-Use Multi-Family / Retail 3 story building with 14,574 sq ft gross leasable area. The property includes 2 lots – the building is on one and the other lot is for parking accommodating about 12 spaces. The property’s two adjoining lots have a total area of 8,116 sq ft and sits on Del Pacifico Avenue. Its location is directly in the high traffic area at the entrance to the beach Malecon (boardwalk promenade). This is the heart of the bustling Playas tourist and local beach recreation area. Del Pacifico Avenue is lined with hotels, restaurants, bars, and cafes overlooking the ocean. Playas’ Malecon promenade is ranked the #4 Top Attraction in Tijuana by Trip Advisor.
The “Fiesta Sports Bar” operated as a successful business for over 20 years on the 1st floor. This “American style” sports bar catered to sports fans by showing several live sports events on multiple TV monitors and a projection TV system. With two bars and an auxiliary bar, there is ample capacity to quench the thirst of a full house. Two kitchens are on site to attend to bar patrons food and snack needs. Outside the Sports Bar, but still on the property is an additional fast-food grill with its own service window and signage selling to walkers-by in the front of the building. Notably, the business side of the 1st floor area of the building has been substantially developed. The bar license is active, and it is one of only two facilities licensed in area
The building was built in 1971 and designed using a steel frame structure. After 50 years, the building will need some renovation. The building layout provides for 9 apartments with 1 bedroom, 1 bath, kitchen, living room, & dining room. There are also 3 apartments with 2 bedrooms, 2 baths, kitchen, living room, & dining room. The building is 100% vacant.
Mixed - Use - Tijuana, B.C., Mexico
Investment Highlights
- Property near beachfront and entrance to Malecon (beach wooden promenade) with sea view.
- Sports Bar & 12 Apartments offers investors both commercial and residential tenants lessening overall risk.
- Sports Bar license still valid & it is one of the only two properties with such license in the area.
- Large parking lot adjacent to building with 12 slots.
- High traffic area across the street from the entrance to the beach Malecon (boardwalk promenade).
- One block away from Plaza Monumental (former bullfighting ring) entertainment center for music concerts, festivals, and other large events.
- Tijuana is the busiest international border crossing in the world with 13.8 million visitors per year. Playas de Tijuana is the #4 Top Attraction in Tijuana.
Exclusively Listed By
Financing By
Mixed-Use
Mixed - Use - Tijuana, B.C., Mexico
Listing Price: $1,280,000
Investment Highlights
- Property near beachfront and entrance to Malecon (beach wooden promenade) with sea view.
- Sports Bar & 12 Apartments offers investors both commercial and residential tenants lessening overall risk.
- Sports Bar license still valid & it is one of the only two properties with such license in the area.
- Large parking lot adjacent to building with 12 slots.
- High traffic area across the street from the entrance to the beach Malecon (boardwalk promenade).
- One block away from Plaza Monumental (former bullfighting ring) entertainment center for music concerts, festivals, and other large events.
- Tijuana is the busiest international border crossing in the world with 13.8 million visitors per year. Playas de Tijuana is the #4 Top Attraction in Tijuana.
Investment Overview
Marcus & Millichap has been selected to exclusively represent for sale the property at Av Del Pacifico 620, Playas, Monumental, 22504 Tijuana, B.C., Mexico. This is a Mixed-Use Multi-Family / Retail 3 story building with 14,574 sq ft gross leasable area. The property includes 2 lots – the building is on one and the other lot is for parking accommodating about 12 spaces. The property’s two adjoining lots have a total area of 8,116 sq ft and sits on Del Pacifico Avenue. Its location is directly in the high traffic area at the entrance to the beach Malecon (boardwalk promenade). This is the heart of the bustling Playas tourist and local beach recreation area. Del Pacifico Avenue is lined with hotels, restaurants, bars, and cafes overlooking the ocean. Playas’ Malecon promenade is ranked the #4 Top Attraction in Tijuana by Trip Advisor. The “Fiesta Sports Bar” operated as a successful business for over 20 years on the 1st floor. This “American style” sports bar catered to sports fans by showing several live sports events on multiple TV monitors and a projection TV system. With two bars and an auxiliary bar, there is ample capacity to quench the thirst of a full house. Two kitchens are on site to attend to bar patrons food and snack needs. Outside the Sports Bar, but still on the property is an additional fast-food grill with its own service window and signage selling to walkers-by in the front of the building. Notably, the business side of the 1st floor area of the building has been substantially developed. The bar license is active, and it is one of only two facilities licensed in area The building was built in 1971 and designed using a steel frame structure. After 50 years, the building will need some renovation. The building layout provides for 9 apartments with 1 bedroom, 1 bath, kitchen, living room, & dining room. There are also 3 apartments with 2 bedrooms, 2 baths, kitchen, living room, & dining room. The building is 100% vacant.
Exclusively Listed By
Financing By
