Business For Sale Azogues Ad:1043912

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$400,000

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Azogues
Ecuador
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High-yield commercial building in downtown Azogues with an operating clinical laboratory and internal pharmacy, plus multiple office or medical suites.

Property Overview
- Price: USD 400,000
- Location: Downtown Azogues
- Lot dimensions: 6 m frontage x 20 m depth
- Current income: USD 1,200/month
- 11 independent offices and 11 full bathrooms

Key Features
- 6 units leased and 5 vacant
- Waiting areas
- Suitable for medical, corporate, cooperative, or financial uses
- Reported current cap rate: 3.60%; projected potential after leasing vacancies: 7.5%-12%

Decription
A centrally located commercial property offering an operating laboratory and pharmacy, established rental income, and five vacant units with potential for additional revenue. Its flexible layout may suit medical, office, or institutional operations.

Comment:
Commercial rental building for sale in downtown Azogues. Price: $400,000 USD. Lot dimensions: 6 m frontage x 20 m depth. The ground floor includes a retail space currently operating as a clinical laboratory with an internal pharmacy. The property has 11 independent offices or medical suites, 11 full bathrooms, and waiting areas. Six units are currently leased and five are vacant. Current rental income is $1,200 per month, equivalent to an approximate 3.60% annual cap rate based on the asking price. Owner-provided projections estimate a potential cap rate of 7.5% to 12% if the vacant units are leased. Suitable for medical, corporate, cooperative, or financial uses.

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