Spacious and Artistic Restaurant with two apartments in Urcuquí-Imbabura. Due to the sellers upcoming retirement, they are selling this successful restaurant with two apartments. They have enjoyed 8 successful years and become the meeting hub for the Yachay University community. Our growing market targets teachers, students, local and international tourists, and the community of Urcuquí.
This historic colonial building was completely remodeled in 2016. It has a total of 380m2, ( 4090 sq ft). It includes a restaurant, large kitchen, two cozy apartments and a small patio. The restaurant has a capacity for 80 people with an area of 189m2, and 60m2 for the commercial kitchen space.
The first apartment is 80m2 and has a kitchen, living room, two bedrooms, two bathrooms, and 2 balconies.
The second apartment is 65m2 and has a kitchen, living room, one bedroom, and one bathroom.
We are selling the building with the business. The business includes the brand name, kitchen equipment, furniture, permits, and training and support during the first months (if desired/needed). – and has 2 spacious patio balconies.
We are open to different modalities and options. For example if you want you can rent the space for a trial period. If you end up buying, the payment for rent would be considered as part of the total payment. Feel free to make an offer- The Leather Craft town of Cotacachi is 30 minutes to the south. For any and all major shopping the City of Ibarra is 30 minutes to the east.
The location is just 3 blocks away from the Central Park of Urcuqui Ecuador the town of the University of Yachay known as the City of Knowledge. Professionally appraised at $223,000 unfurnished empty, the estimated value of the contents is $65,000. A great buy Reduced to $199,950. (Negotiable / Updated FEB 2025)
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