GREAT LAND IN THE CENTER OF MERIDA, VALUED AT 12 MILLION AUCTION.GRAN TERRENO EN EL CENTRO DE MERIDA, VALUADA EN 12 MILLONES REMATE.

Huge lot with 3 exits onto 3 streets in the beautiful center of Mérida, ideal for investors or real estate developers. Price below appraisal and possible payment plan.

-Property features:
One-story property
Old construction with more than 50 years of age
Located on a busy street with excellent visibility
Residential zoning .
Ideal for a hotel business, apartments, warehouses, retail spaces,restaurant, gallery or mixed-use housing
Traditional concrete block walls.
Water and electricity services available (not contracted)
Paved streets and public lighting.
No visible easements or restrictions
Total lot: 2482 m2

Type of Construction:
Offices with warehouses developed on 1 level with 6 types of construction valued as follows , large open lot for new construction. Large maneuvering and parking area.

🏙️ Area features:
Downtown area – First city block
Area classification: Established middle-class
High connectivity and vehicular traffic
Close to main avenues, parks, temples and businesses
Residential density: 200 inhabitants/Ha
Land occupancy: 30

Has all services :
-Private property
-Free of liens.
-Negotiable price