Location: Limon Main Road

Size: 1.75 acre

Price: $299,000

Prime Nicaragua Highway 62 Real Estate Opportunity – Avilas Mexican Restaurant

Located on the bustling main road of Nicaragua Highway 62, this property is a prime spot in the heart of the coastal route passing through Limon 2. Known as the site of the once successful Avilas Mexican Restaurant, this location offers incredible visibility and accessibility.

Spanning 1.75 acres, the property currently hosts a restaurant building and a parking area, but its expansive size offers ample room for expansion, whether for residential or commercial use. It’s an ideal opportunity for investors seeking Nicaragua commercial real estate or looking to develop a coastal highway property.

Infrastructure is no concern here. The property boasts its own well and pump, complemented by an elevated 1,000-gallon water storage tank, and is also connected to the municipal water system. For power, the site is grid-connected and includes a robust backup inverter system with 18 batteries, ensuring uninterrupted electricity, an essential feature for businesses on Nicaragua’s main roads.

The restaurant facility features a large, fully-equipped kitchen, still housing all the essential equipment, including imported items from the United States like a freezer, large commercial refrigerator, stoves, drink dispensers, and fryers. Designed to accommodate up to 60 patrons, the restaurant includes two bathrooms and an additional small store (bodega) within its structure.

Avilas Mexican Restaurant operates as a fully permitted franchise, offering a turnkey solution for prospective buyers. There’s the flexibility to continue with the franchise or to independently purchase the restaurant and property.

With the ongoing project to pave the road between the Pan American Highway at Ochomogo and Las Salinas, accessibility is set to improve significantly, promising reduced travel times to key locations like the Managua airport, now just an hour and a half away. This development is poised to enhance the value and appeal of properties along Nicaragua Highway 62.