Commercial property in Chiang Mai, Thailand 360 sq.m. № 103409
29
ID103409
฿ 33 000 000
- THB ฿
- USD $
- EUR €
- RUB ₽
- GBP £
Property description
Nestled in the bustling heart of Chiang Mai's renowned Night Bazaar, this unique offering presents a rare opportunity to acquire both a traditional western-style bar and restaurant along with ownership of the four-floor townhouse unit it occupies.For over two decades, this establishment has been a cornerstone of the local scene, attracting patrons with its inviting ambiance and quality cuisine. Now, due to health reasons, the original owner is considering retirement, opening the door for a new proprietor to carry on its legacy.
The property itself boasts ample space across its four floors, providing versatility and potential for various business ventures. The ground floor, serving as the main pub and restaurant area, features a charming terrace that adds to its appeal. Upstairs, the second floor houses a fully-equipped commercial kitchen and storage facilities, ensuring operational efficiency.
Beyond the business space, the upper floors offer living quarters, with the third floor comprising a spacious 2-bedroom apartment complete with a kitchen, living room, and bathroom.
The fourth floor extends the accommodation with additional bedrooms and storage options, providing flexibility for personal use or potential rental income.
Positioned in one of Chiang Mai's most sought-after locations, this property offers not only a thriving business opportunity but also the security of owning the building in which it operates. Don't miss out on this chance to immerse yourself in the vibrant atmosphere of the Night Bazaar while securing a sound investment for the future.Overview.
- Well-known western bar & restaurant with 20+ years legacy
- Prime location in Chiang Mai's Night Bazaar, a hub of activity
- Four-floor townhouse unit included in the sale
- Ground floor operates as the pub/restaurant with a spacious terrace
- Second floor houses a commercial kitchen and storage area
- Third floor features a 2-bedroom apartment for living convenience
- Fourth floor includes additional bedrooms and storage space
- Ideal for entrepreneurs seeking a turnkey business with property ownership
- The property comes with a 4mt wide right of way from the main street.
#ChiangMai #NightBazaar #BusinessForSale #PropertyInvestment #ChiangmaiProperties #RealEstateChiangMai
Positioned in one of Chiang Mai's most sought-after locations, this property offers not only a thriving business opportunity but also the security of owning the building in which it operates. Don't miss out on this chance to immerse yourself in the vibrant atmosphere of the Night Bazaar while securing a sound investment for the future.Overview.
- Well-known western bar & restaurant with 20+ years legacy
- Prime location in Chiang Mai's Night Bazaar, a hub of activity
- Four-floor townhouse unit included in the sale
- Ground floor operates as the pub/restaurant with a spacious terrace
- Second floor houses a commercial kitchen and storage area
- Third floor features a 2-bedroom apartment for living convenience
- Fourth floor includes additional bedrooms and storage space
- Ideal for entrepreneurs seeking a turnkey business with property ownership
- The property comes with a 4mt wide right of way from the main street.
#ChiangMai #NightBazaar #BusinessForSale #PropertyInvestment #ChiangmaiProperties #RealEstateChiangMai
Chiang Mai - Statistics
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| Parameters | Chiang Mai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | ฿ 13 349.08 |
| Apartment (1 bedroom) Outside of Centre | ฿ 7 906.25 |
| Apartment (3 bedrooms) in City Centre | ฿ 25 375.00 |
| Apartment (3 bedrooms) Outside of Centre | ฿ 16 000.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | ฿ 69 000.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | ฿ 37 500.00 |
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| Parameters | Chiang Mai |
|---|---|
| Crime Index | 21.75 |
| Cost of Living and Rent Index | 20.27 |
| Purchasing Power Index | 61.45 |
| Property Price to Income Ratio | 11.58 |
| Safety Index | 78.25 |
| Traffic CO₂ Index | 5520.90 |
| Traffic Inefficiency Index | 106.32 |
| Rent Index | 8.79 |
| Health Care Index | 84.98 |
| Groceries Index | 38.22 |
| Pollution Index | 77.79 |
| Traffic Commute Time Index | 26.48 |
| Restaurant Price Index | 18.51 |
| Climate Index | 75.93 |
| Cost of Living Index | 29.37 |
| Quality of Life Index | 143.39 |
| Traffic Index | 116.52 |
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| Parameters | Chiang Mai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | ฿ 60.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | ฿ 600.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | ฿ 230.00 |
| Domestic Beer (0.5 liter draught) | ฿ 70.00 |
| Imported Beer (0.33 liter bottle) | ฿ 125.00 |
| Coke/Pepsi (0.33 liter bottle) | ฿ 21.58 |
| Water (0.33 liter bottle) | ฿ 11.67 |
| Cappuccino (regular) | ฿ 61.75 |
| Markets | |
| Milk (regular), (1 liter) | ฿ 55.34 |
| Loaf of Fresh White Bread (500g) | ฿ 51.62 |
| Eggs (regular) (12) | ฿ 67.91 |
| Local Cheese (1kg) | ฿ 491.50 |
| Water (1.5 liter bottle) | ฿ 17.06 |
| Bottle of Wine (Mid-Range) | ฿ 600.00 |
| Domestic Beer (0.5 liter bottle) | ฿ 61.02 |
| Imported Beer (0.33 liter bottle) | ฿ 100.00 |
| Cigarettes 20 Pack (Marlboro) | ฿ 150.00 |
| Apples (1kg) | ฿ 91.75 |
| Chicken Fillets (1kg) | ฿ 94.92 |
| Oranges (1kg) | ฿ 43.13 |
| Potato (1kg) | ฿ 48.13 |
| Lettuce (1 head) | ฿ 22.50 |
| Rice (white), (1kg) | ฿ 40.71 |
| Tomato (1kg) | ฿ 47.50 |
| Banana (1kg) | ฿ 40.00 |
| Onion (1kg) | ฿ 40.63 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | ฿ 356.60 |
| Transportation | |
| One-way Ticket (Local Transport) | ฿ 30.00 |
| Monthly Pass (Regular Price) | ฿ 800.00 |
| Gasoline (1 liter) | ฿ 40.45 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | ฿ 725 000.00 |
| Taxi Start (Normal Tariff) | ฿ 42.50 |
| Taxi 1km (Normal Tariff) | ฿ 45.00 |
| Taxi 1hour Waiting (Normal Tariff) | ฿ 120.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | ฿ 762 000.00 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | ฿ 2 097.55 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | ฿ 599.73 |
| ฿ 448.37 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | ฿ 23 000.00 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | ฿ 1 200.25 |
| Tennis Court Rent (1 Hour on Weekend) | ฿ 220.00 |
| Cinema, International Release, 1 Seat | ฿ 200.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | ฿ 1 916.67 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | ฿ 1 040.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | ฿ 2 800.00 |
| 1 Pair of Men Leather Business Shoes | ฿ 2 200.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | ฿ 15 833.33 |
| International Primary School, Yearly for 1 Child | ฿ 480 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
Contact the seller
CityChiang Mai
TypeCommercial property
Bedrooms4
Living space360 m²
- m²
- sq. ft
Price
- Price
- per m²
฿ 33 000 000
- THB ฿
- USD $
- EUR €
- RUB ₽
- GBP £
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