Specification
Bedrooms:
5 
Bathrooms:
4 
Property size:
8,505.93 sq ft (790.23 m²) 
Floor:
2 
Total floors:
2 
Year Built:
2004 
Heating:
Accommodation:
Ceiling height:
Parking:
4 
From center:
Publication date:
Area size:
Garages:
4 
Garages size:
Additional space:
Features
Location
Description
In the heart of Cotacachi this prime location is a golden ticket to a solid income ready investment opportunity.
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Two sets of double doors open out to the street to welcome guests directly into the sprawling two story restaurant with exotic decorations.
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The entire establishment is tastefully decorated with bamboo, natural wood, and hanging plants providing a relaxed indoor – outdoor atmosphere.
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Many an event has been held at this establishment with capacity for 150 +. It has been a popular live music events venue complete with an elevated center stage set up to accommodate the band.
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Along with the purchase would come some already pre existing regular clients that host an array of events. Both expats and locals are familiar with this go-to location for their preferred choice to hire out.
The restaurant is open most days and over the 35 years in business will be handed over to the new owner – now that’s a gift !!
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Behind the music stage, restaurant, and bar we discover the commercial size food prep kitchen – NOTE – All utensils, appliances , and restaurant furniture are to be included in the sale.
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Beyond the kitchen a little set back is the 2-story residential living space consisting of 5 bedrooms and 4 bathrooms, sauna, and exercise room. This could definitely serve as a hostel or air BnB rental opportunity.
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As we wrap around the side of the event center’s restaurant we come to the parking space that extends the full length of the property and permits parking for 4 vehicles, street parking is also permitted.
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On the opposite side of the restaurant a decorative arch way leads the way out to a pleasantly romantic garden area. So perfect and popular with the regulars to take lunch out here and enjoy the sunshine and humming bird visitors. Also the preferred place to take photos to cherish the event with the memory.
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So there you have it! Multipurpose investment opportunity in the heart of Cotacachi we sell you the property and hand over the keys to 35 years of pre established clientele.
