H1465 - Restaurant Opportunity W/ Fixer Upper Rentals - US$699,000

ASKING PRICE: US$699,000

This opportunity of a lifetime is here. Situated on the main road of Placencia Village, this prime location turnkey restaurant and bar sits vacant, waiting for a new business lover to take it.

This restaurant and bar was known as J-DEES, a mother-and-son business, and was very popular for their karaoke Sundays and tasty local meals.

This business has so much potential, mainly for its location, and it can be renovated into an air-conditioned lunch spot, of which Placencia only has one.

The restaurant measures about 2,220 square feet and can hold up to 54 customers at one time.

This business opportunity sits on a 0.14-acre parcel, so there's more. Located behind the restaurant is an upper wooden structure measuring 320 sq ft, a 1 bedroom, 1 bath rental unit, and a home measuring 1200 sq ft, splitting into 2 bedroom, 1 bath units.

These wooden structures can be renovated or demolished by adding concrete structures and making a 4-plex rental unit, as there is a high demand in Placencia for rentals.

Don't miss out!