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$1,250,000
26-3870 MLS
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.

Commercial Property, Cabo San Lucas

$4,582,000
26-3784 MLS
Prime Redevelopment Opportunity | Downtown Cabo San Lucas MarinaExceptional commercial property in one of the most strategic and high-visibility locations in Downtown Cabo San Lucas, positioned at Boulevard Marina and Vicente Guerrero, within the main tourist corridor connecting Downtown, the Marina and cruise passenger activity.The property currently operates as a 13-unit commercial plaza with leased commercial spaces, providing an existing income-producing component while offering significant upside through future redevelopment. Current rental and income details are available directly from the listing agent upon request.The site encompasses 1,432.75 m² and benefits from frontage along two important streets. Current planning information indicates COS 0.70, CUS 2.80, up to 6 l 21 meters in height, and permitted commercial, service and vertically oriented residential uses. Based on the stated CUS, the property offers approximately 4,011 m² of theoretical development potential, subject to setbacks, parking requirements, approvals and applicable regulations.Its location is particularly compelling for a future mixed-use, retail, residential or hospitality-oriented concept, surrounded by strong pedestrian traffic from visitors traveling between Downtown Cabo San Lucas, the Marina and the cruise ship area. Directly across from the property is the site identified for a major new themed hotel development, adding further long-term potential to this already dynamic tourism corridor.Asking Price: US$4,582,400Land Area: 1,432.75 m²Price per m²: US$3,200Existing Improvements: 13 Commercial UnitsIncome Information: Available from Listing AgentA rare opportunity to acquire an established commercial asset in one of Cabo San Lucas' most valuable tourist corridors, with the potential to reposition or redevelop the property into a larger-scale project in the future.

MARINA LOT, Cabo San Lucas

*All MXN prices are approximate based on daily exchange published by BANXICO. / Todos los precios en MXN son aproximados en base al tipo de cambio diario publicado por BANXICO.

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

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