Hotel 5ta Avenida | 15 Key Hotel with Three Retail Units in Playa del Carmen

Hotel 5ta Avenida is a fully operational hotel on Fifth Avenue in Playa del Carmen Centro, between Calle 38 and Calle 34, with three active commercial units fronting the avenue itself. The lot runs to 1,338.50 square metres and carries 2,361.51 square metres of construction. The beach is 400 metres away, about a five minute walk.

The building

The lot runs to 1,338.50 square metres with 2,361.51 square metres of construction. The room mix is five standard double rooms, five one bedroom junior suites, two two bedroom junior suites, two fully equipped studios and a two bedroom penthouse, alongside three street front retail units on Fifth Avenue. The beach is 400 metres away, a five minute walk.

Room mix

Fifteen keys in total. Five standard double rooms, five junior suites of one bedroom, two junior suites of two bedrooms, two fully equipped studios and one penthouse of two bedrooms. That spread suits long and short stay travellers, families and groups alike.

The retail

Three street front retail spaces trade on Fifth Avenue. This is the busiest pedestrian street in the Riviera Maya, and the ground floor frontage is a large part of what the asset is worth.

Room to add

The seller reports potential to build additional units above the existing retail.

The location

Fifth Avenue between Calle 34 and Calle 38 is the northern stretch, quieter than the blocks around Calle 12 but still fully commercial, and closer to Playacar and the Cozumel ferry than the far north end. Rooms here sell on walkability rather than on a sea view.

Further information

The full information pack on this asset is released to seriously interested parties. Speak to your broker to register interest, and the complete file follows a letter of intent.