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Commercial Space in the COLONIAL DISTRICT
$4,500,000
Santo Domingo D.N., Santo Domingo de Guzmán
700m² Building
251.99m² Land
Description
A prime location right in Colón Park, in Santo Domingo’s Colonial Zone, directly across from the Primatial Cathedral of the Americas. This property boasts an enviable location and attracts a large number of people, as it’s situated on a route that everyone walking to the cathedral through Colón Park must pass by.
It features a functional layout on the ground floor suitable for commercial use, whether for dining or retail, and also includes a functional basement and a second floor for various uses. The attic space can also be utilized.
This space offers an ideal solution for businesses seeking...
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As seen on: remaxadvance.com
ReferenceAVS-847982
Price$4,500,000
Type of Commercial PropertyCommercial
Building Area700 m²
Land Area251.99 m²
Title VerificationInfo Not Provided
Property Price$4,500,000
Down Payment (20%)$900,000
Loan Amount$3,600,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$135,000
Legal & Notary Fees (~1.5%)$67,500
Bank Fees (~1%)$45,000
Appraisal Fee$350
Total Cash Needed at Closing$1,147,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.