Pattaya off Second Road Large Commercial Building Bargain Priced
(G063) This commercial property is in a top location on only 50 meters from second road hardly 200 meters from Pattaya beach. The distance to Walking Street is only 500 meters. All around are bars and a lot of hotels, public transportations to every direction are around the corner.
For the present moment this building is empthy and not in use but it was for many years a gay bar, disco and cabaret show place since 1985 with 10 rooms. The condition of the interior is not in a good shape and outdated. On the other hand is this building considered the top location a perfect opportunity for a group or private person to buy it and renovated into a small guesthouse, hotel or restaurant or other commercial use. The renovation will be low in cost because the original structure of the building is in perfect state and the premises are large enough.
It is built on a land plot with 92 Talang wah or 368 sqm with 22 meter commercial road front and it has 5 floors what makes the potential commercial space between 1500 and 1800 sqm. On top of that is the space behind the building in communal use with the neighbors that can be a car parking for clients or guests in a cull-the-sac soi that starts next to the building and is going behind the building in a L shape.
The sales prices for a 5 floor single shop house in line is 38,000,000.00 THB and more what makes the value of this property with 3 shop houses together good for 114,000,000.00 THB and the present price is a real surprise.
The asking price is only 75,000,000.00 THB and this owner does a special action to sell it fast :
That makes the selling price down to only 59,500,000.00 THB inclusive transfer taxes.
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