Development Opportunity | Existing Home With Excellent Investment Potential
9,042 Sqft lot
Updated: Yesterday
About the Property
*EXCELLENT INVESTMENT & DEVELOPMENT OPPORTUNITY IN PALOS PRIETOS*
Located on *Río Baluarte Avenue in the Palos Prietos neighborhood, this property offers a total land area of **840 m², consisting of two adjoining lots that are physically connected and currently held under **one single deed*.
The property offers a unique combination of an *existing residence and a large outdoo
*EXCELLENT INVESTMENT & DEVELOPMENT OPPORTUNITY IN PALOS PRIETOS*
Located on *Río Baluarte Avenue in the Palos Prietos neighborhood, this property offers a total land area of **840 m², consisting of two adjoining lots that are physically connected and currently held under **one single deed*.
The property offers a unique combination of an *existing residence and a large outdoor area with excellent potential for redevelopment or expansion*.
The first lot features the *existing home, which could be remodeled and adapted to suit the new owner’s needs. The second lot is currently used as a spacious outdoor area and includes a **swimming pool, bathrooms, and ample parking space*, providing a variety of possibilities for future use.
One of the property’s greatest assets is its *prime location. It is located just **two blocks from Mazatlán’s famous Malecón* and approximately *three blocks from Avenida Ejército Mexicano*, providing convenient access to major roads, restaurants, shops, services, and many of the city’s main attractions.
With its generous land area, configuration, and highly desirable location, the property offers several possibilities, from *remodeling and preserving the existing residence to exploring a new development project*, subject to zoning, feasibility studies, and applicable regulations.
A rare opportunity to acquire a *large property in a highly sought-after area of Mazatlán*, ideal for investors, developers, or buyers looking for significant land with exceptional potential in a well-established and strategically located neighborhood.