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$1,750,000
Est. payment /mo
1,151 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 1,151 sqft
Price per Sqft $1,520
MLS Listing ID MX26010327M
Lot Size 1,151 Sqft
Property Sub-Type Building
Property Description
Located on Recreo Street, one of the most prestigious addresses in the Historic Center of San Miguel de Allende, this property represents a rare investment opportunity in the city's thriving boutique hospitality and luxury tourism market.
Ideally positioned between Correo and Hospicio Streets, just steps from the Jardín Principal and the Parroquia, the property enjoys a prime location surrounded by renowned restaurants, art galleries, rooftop venues, boutique hotels, and the vibrant cultural atmosphere that has made San Miguel de Allende an internationally recognized destination.
The property currently includes 7 guest rooms, a reception area, a lounge, a coffee bar, a laundry area, and a roof terrace. Its flexible layout allows for multiple hospitality concepts, including a boutique hotel, luxury guest house, high-end bed & breakfast, premium vacation rentals, wellness retreat, event accommodations, or a hybrid private residence with hospitality operations.
A significant advantage is its immediate proximity to public parking, a highly desirable feature within the Historic Center that enhances guest convenience and operational appeal.
Another investment highlight is its proven track record in hospitality. Although not formally operated as a hotel, the property has been consistently used as overflow lodging for a well-established local hotel owned by the current owners. During periods of high occupancy, weddings, festivals, and special events, additional guests have been accommodated here, demonstrating both the property's commercial viability and strong market demand. This history also creates the potential for future collaboration and recurring guest referrals.
The roof terrace offers opportunities for private events, curated dining experiences, sunset lounges, wellness activities, and guest social spaces, creating additional revenue streams and a competitive advantage.
Few properties in San Miguel de Allende successfully combine a premier Historic Center location, existing hospitality infrastructure, operational flexibility, diversified income potential, strong international tourism demand, and long-term appreciation prospects. As inventory in the Historic Center becomes increasingly scarce, this property offers the opportunity to acquire not only prime real estate but a strategic position within one of the city's most resilient and profitable sectors. Owner financing may be available, subject to buyer qualifications.
Ideally positioned between Correo and Hospicio Streets, just steps from the Jardín Principal and the Parroquia, the property enjoys a prime location surrounded by renowned restaurants, art galleries, rooftop venues, boutique hotels, and the vibrant cultural atmosphere that has made San Miguel de Allende an internationally recognized destination.
The property currently includes 7 guest rooms, a reception area, a lounge, a coffee bar, a laundry area, and a roof terrace. Its flexible layout allows for multiple hospitality concepts, including a boutique hotel, luxury guest house, high-end bed & breakfast, premium vacation rentals, wellness retreat, event accommodations, or a hybrid private residence with hospitality operations.
A significant advantage is its immediate proximity to public parking, a highly desirable feature within the Historic Center that enhances guest convenience and operational appeal.
Another investment highlight is its proven track record in hospitality. Although not formally operated as a hotel, the property has been consistently used as overflow lodging for a well-established local hotel owned by the current owners. During periods of high occupancy, weddings, festivals, and special events, additional guests have been accommodated here, demonstrating both the property's commercial viability and strong market demand. This history also creates the potential for future collaboration and recurring guest referrals.
The roof terrace offers opportunities for private events, curated dining experiences, sunset lounges, wellness activities, and guest social spaces, creating additional revenue streams and a competitive advantage.
Few properties in San Miguel de Allende successfully combine a premier Historic Center location, existing hospitality infrastructure, operational flexibility, diversified income potential, strong international tourism demand, and long-term appreciation prospects. As inventory in the Historic Center becomes increasingly scarce, this property offers the opportunity to acquire not only prime real estate but a strategic position within one of the city's most resilient and profitable sectors. Owner financing may be available, subject to buyer qualifications.
Location
State Guanajuato
County San Miguel De Allende
Interior
Furnishings Furnished
Fireplace No
Exterior
Water Access Desc Public
Building
Story 2
Water Public
Others
Financing Seller Financing
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Juan Luis Macedo
Real Estate Broker | License ID: 600310
Real Estate Broker License ID: 600310
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