Hostal Lila - Commercial Opportunity in Rivas

$250,000

Hard-to-beat Location!
Listing ID: 009882
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Looking to own and operate a small business in Rivas? Hostal Lila may be just what you are looking for! This 854 sq. meter corner lot is situated on the road connecting Rivas with the port town of San Jorge. San Jorge is a beautiful lake front port town that annually shuttles tens of thousands of locals and tourist to the Island of Ometepe, one of Nicaragua’s largest tourist attractions.  Rivas is a bustling town that has grown considerably, in part, due to it's proximity to some of the country's most visited tourist destinations like San Juan del Sur and Ometepe Island. Hostal Lila is included on the 'Ruta de los volcanes' - a list of tourism related businesses formed by the Nicaraguan Institute of Tourism (INTUR). Hostal Lila has long been a great option for travelers and families looking for a clean and friendly place to stay. This prime corner property is currently occupied by a a 3 bedroom private residence, a small café, a parking area, and a hostel with 9 additional rooms. The owners live on-site in the 3 bedroom home and they lease out the commercial space to a small comedor (local eatery) in addition to renting out the 9 additional rooms for both long and short-term stays. Hostal Lila also boasts a private driveway and parking area with a capacity for 8 vehicles. The property is being offered completely turn-key with all furniture and appliances. The property includes a 2,500 gallon water reserve tank as well as a solar back-up system and A/C in two of the bedrooms. The owners have all of the legal paperwork for both the property and business in order. This property is ready for a new owner to come in that wants to ramp up operations or utilize the prime commercial location for another type of venture - office space, pharmacy, strip mall - you name it! Hostal Lila boasts great value for a buyer looking to take advantage of the growing economy and low property prices in the city of Rivas. Come and visit today!

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