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Extremely Rare Opportunity!!!
Investment opportunity in a central city building with a potential return of over 14% per year!!!
For Sale: 4.5-story building with rooftop, 47.2 square wah (approximately 188.8 sq.m.), located on Narathiwat Ratchanakarin Road.
Near Central Rama 3, Chong Nonsi, Yan Nawa, Bangkok.
Ideal for various types of businesses.
Grab this opportunity before it's gone!
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Video Link : https://youtu.be/_SaeIzoGk4Y
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Address:
Near Soi 26, Narathiwat Ratchanakarin Road, Chong Nonsi, Yan Nawa, Bangkok
Google Maps link
Details:
2-unit commercial building on Narathiwat Ratchanakarin Road
4.5 stories + rooftop, versatile usage
Total area: 47.2 square wah
Usable area: approximately 450 sq.m.
Width: 10.5 meters, Depth: 17 meters
Previously used as an office building, with restrooms on every floor
Front facing northeast
Key Features:
Large usable space, suitable for various business types, rental, or commercial use
Prime location on Narathiwat Ratchanakarin Road, near The UP Rama 3 and Lotus Rama 3
Easy parking and access for businesses
Golden location on Rama 3 Road, close to Central Rama 3, Lotus Rama 3, The UP Rama 3, and expressways
High traffic area, ideal for commerce and online businesses
Frontage on a major road, allowing for convenient temporary parking and delivery access
Solid structure, easy to renovate for various business purposes
Perfect for investment in commercial activities
Easy access for riders and customers, with nearby parking for over 50 cars within 100-200 meters
Investment Price:
56,000,000 THB
Price is negotiable!
Investment Ideas (based on pre-renovation prices):
Option 1: Convert into a Hostel
Possible to create approximately 24 rooms
Assuming a 60% occupancy rate at 1,000 THB/night, the return could be 8.6% per year
Option 2: Establish a Clinic or Service Business
Based on neighboring clinics (2 units away), with an estimated 20 patients/customers per day
Assuming an average revenue of 3,000 THB per customer and 60% expenses, the business could yield a 14.4% annual return
Option 3: Rent out the space (e.g., Cloud Kitchen, Rooftop Bar)
Renting each floor separately provides 4 rental spaces
If rented at 150,000 THB for the 1st floor and mezzanine combined, and 100,000 THB for floors 2-4 and the rooftop, the return could be 11% per year
Other Potential Uses:
Veterinary Clinic
Dental Clinic
Beauty Clinic
Health Clinic
Spa
Service Business
Rooftop Bar
Cloud Kitchen
Office
Nearby Locations:
Narathiwat Ratchanakarin Road
Lotus Rama 3
Central Rama 3
The UP Rama 3
Ruamruay Phochana Restaurant
Chalerm Mahanakhon Expressway
Rama 3 Road
For viewing or more information, contact:
Khun Gee: 092-618-9924
Line ID: champ528
Line ID: @thpropertyinvestor (with @ in front)
www.thaipropertyinvestor.net
