Punto Las Olas

About this property

Discover a prime commercial property in a vibrant San Pancho locale. The ground floor is currently home to a sophisticated luxury food court, featuring several fabulous restaurants and a bar located just one block from the beach and right off the main street.  The high-end hair salon is on the second floor with stunning contemporary decor.

The third floor comprises four well-appointed living units, with approved plans and structural support for the addition of four more units on the fourth floor.
This impressive 250 square meter corner lot enjoys a strategic position on the main thoroughfare and the final street running parallel to the ocean, establishing it as one of San Pancho’s premier locations.

Commercially zoned with living quarters out of sight and brimming with potential, Punto las Olas is ideal for a visionary developer looking to continue the thriving restaurant scene or create a distinctive condo, or hotel in an unbeatable setting.

Explore una propiedad comercial privilegiada en una animada zona de San Pancho. La planta baja presenta actualmente un elegante patio de comidas de lujo, que incluye varios restaurantes reconocidos y un bar, además de un salón de peluquería y estilista de alta categoría. Arriba, el tercer piso consta de cuatro cómodos apartamentos, con planos autorizados y soporte estructural para construir cuatro apartamentos adicionales en el cuarto piso. Este notable terreno de esquina de 250 metros cuadrados goza de una ubicación estratégica en la avenida principal y la última calle que corre paralela al mar, lo que lo convierte en uno de los lugares más destacados de San Pancho. Con zonificación comercial y rebosante de potencial, este terreno es perfecto para un desarrollador con visión que desee crear un singular complejo de condominios u hotel en un entorno inigualable.

Property details

Lot Size

253.41 m²

Construction size

500 SQFT

4 Bedrooms

3 Bathrooms

Where to find this property

$975000 USD

Status

For Sale

Agent Information

Benny Love

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

‘This information is deemed to be reliable, but is not guaranteed. The information herein provided has been made available by the FlexMLS IDX System and may not be the listing of the provider’.

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Benny Love

Broker and Co-Founder

Contact

Ben started Wanderlust after becoming a veteran of the Latin American property development scene. With degrees in Anthropology and History, he has been attracted to the incredible cultural diversity and history of Mexico and Central America from a young age. A hunger to explore brought Ben to Nicaragua where he spent five years building custom vacation homes. Because these projects were mostly on raw land with limited resources, he was forced to learn all facets of the development process: he was expected to be the designer, architect, engineer, and builder. Most of the furniture, cabinetry, and windows were built by hand, as was general infrastructure such as roads, wells, and electrical and septic systems. These five years in Nicaragua have made Ben incredibly resourceful, and developed in him an “anything is possible” attitude.

While in Nicaragua, he joined his wife Kassidy’s nonprofit, The Sweet Water Fund, a grassroots foundation dedicated to inspiring Nicaraguan villages and empowering the local women through job opportunities, healthy lifestyles, and the arts. They spearheaded many projects such as nutrition and fitness programs, a suspension bridge over the local river so kids could more easily get to school, and a school kitchen built completely out of recycled materials.

After returning to the United States from Nicaragua, Ben became a general contractor in Sonoma, California. He completed multiple prestigious projects in the Sonoma and Napa valleys, including the remodeling of old-world wineries and the building of several spectacular second homes.

Three years later, Ben and Kassidy realized that the lifestyle and pace of Latin America was calling them back, so, in 2016, they and their two little boys, two dogs, and two cats made the leap down to gorgeous San Pancho to start all over again.


Ben was fortunate to work under Fred Feibel of F.L. Feibel y Asociados in San Pancho, where he developed a deep understanding of the practices and customs of Mexican real estate. After Fred’s untimely passing at the end of 2017, Ben took on the role of broker and lead agent and ran the office with his mentor’s high level of integrity and customer service. In the following year, Ben boosted the company’s sales by 350%, increasing its referral base and closing ratio.

Now a sought-after agent in the Riviera Nayarit, Ben decided to start his own company, Wanderlust Real Estate + Development. He brings his tenacity, organization, energy, optimism and creativity to the Wanderlust team and prides himself on keeping everyone on track and their clients informed, calm, and happy.