Commercial Property, Cabo San Lucas, ­ ­

$1,250,000
18,776
SqFt

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Property Description

Mendoza 901 | Mixed-Use Development Site in Downtown Cabo San LucasMLS DescriptionMendoza 901 is a rare opportunity to control 1,680.45 m² of mixed-use development land in central Cabo San Lucas. More than an existing property, this is a strategically positioned urban investment with the scale, visibility and zoning potential to create a new income-producing project in one of Los Cabos' most active and supply-constrained locations.Located at Narciso Mendoza and Álvaro Obregón, Mendoza 901 comprises two separate cadastral parcels offered together, providing valuable corner exposure and access within an established area surrounded by residential communities, commercial buildings, offices, schools, shops and essential neighborhood services.As Cabo San Lucas continues to exp is increasing for centrally located housing, rental units, professional spaces and everyday commercial services. Large parcels in the city center are increasingly difficult to assemble, giving this property a distinct advantage for an investor seeking long-term appreciation, recurring income potential and flexibility of use.The property's Mixto Moderado (MM) land-use designation supports multiple development possibilities, including a mixed-use project with ground-floor retail or commercial spaces and residences above, multifamily rental apartments, professional offices, service-oriented businesses or another neighborhood commercial concept. Development of up to four levels may be considered in accordance with applicable zoning parameters and final municipal approvals.Existing improvements include residential and commercial areas, storage facilities, parking and a swimming pool, offering flexibility during the planning of a future redevelopment.Mendoza 901 brings together what developers look for: substantial land area, a central Cabo San Lucas location, commercial visibility, residential demand and mixed-use development potential. An opportunity to reposition an underutilized urban property into a modern project designed for income, appreciation and the continued growth of downtown Cabo San Lucas.The two cadastral parcels are sold together. Existing improvements are included as-is.

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https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp