Great commercial building in downtown area in Mérida, Mexico

560 Calle 59
Building • 4100 m²
SGD 4,367,282

The property is located in the downtown area in Mérida within the Yucatan Peninsula, in one of the cities with the highest economic growth in the country and the largest in the Mexican southeast.

The complex offers a large space of 2,000 mts² (21,525 sq²) of land and 4,100 mts² (44,130 sq²) of construction.

It has 3 floors with office space as well as large storage areas with solid foundations that allow further growth. As an annex there is a space of 80 mts² with independent access and more than 35 parking spaces.

Previously used as a commercial space, it has large warehouses with the necessary foundations to develop a highly profitable commercial project.

Business opportunity

It is located in one of the most emblematic neighborhoods and with the highest appreciation in the city. Surrounded by businesses with high commercial traffic such as hotels, restaurants, shops and supermarkets and with an unbeatable view of the Parque de Santiago.

 

Facts about Mérida, Yucatán
Total population: 1 million, 200 thousand inhabitants.

  • Mérida is recognized as the city with the highest quality of life indexes in the entire country (2020)

  • Recognized as the best small city in the world by the New York magazine Condé Nast Traveler (2019)

  • This city enjoys one of the highest rates of job growth in the country. (2020)

  • It has the 6th largest airport in the country and the 2nd most important in the region.

  • 300 kms. from major tourist destinations such as Cancun, Playa del Carmen, Tulum and the Riviera Maya.

  • 35 kms. from the port of Progreso, an international commercial and customs port.

Data for Investors

  • In 2019, the state of Yucatán had an investment equivalent to more than 1,600 million US dollars.

  • In 2019 it achieved growth greater than + 3%, exceeding the national average.

  • In the last 3 years, capital gains in the Mexican southeast have increased by almost 400% due to the opportunity it represents for the establishment of restaurants, hotels and businesses.

  • Mérida is located in the middle of the most important import, export and tourism ports in the southeast of the country, and with its great Mayan cultural richness, it attracts visitors from all latitudes.

  • The investment cost per square meter is up to 50% lower than in Mexico City.

Spaces

Parking lots (inside)35

Surfaces

Living4100 m²
Land2860 m²

560 Calle 59, Mérida

TypeBuilding
Construction year1965