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PARKING LOT IN NEAR GALVEZ MARKET IN HISTORIC CENTER & DEVELOPMENT LAND | CALLE 54

ID: TY-006442

Located in the heart of Mérida, steps from the iconic Mercado Lucas de Gálvez one of the city’s highest-footfall commercial corridors, this 621 m² property is a rare multi-use investment in a zone where land is scarce and demand is constant.

The property currently combines a functional residential unit with an operating parking lot, generating income from day one. The dwelling includes 2 bedrooms and 1.5 bathrooms and can be occupied, rented, or repurposed.

The remainder of the land is already operational as a managed parking facility, one of the most in-demand and undersupplied services in Centro, with covered and open-air spaces for up to 24 vehicles.

Beyond its immediate cash flow, the site offers enormous development potential. With up to 2 permitted levels under current zoning and over 600 m² of urban land, a buyer can envision commercial units, warehousing, professional offices, a mixed-use building, or a boutique hospitality concept. The land is flat, accessible directly from Calle 54, and fully serviced with water, electricity, and telecommunications.

Key investment highlights:

-Steps from Mercado Lucas de Gálvez (This is the largest and most important market in Mérida, with over 2,000 vendors and about 45,000 m² Here you’ll find everything: food, meat, fruits, clothes, crafts, street food. It is a very busy, chaotic, and super local market).
-Immediate income from parking operation
-High pedestrian & vehicle traffic zone
-621 m² land (scarce in Centro)
-Up to 24 parking spaces
-Residential unit for rent or owner use
-Zoning allows up to 2 levels
-Strong long-term appreciation

Asking price: $7,500,000 MXN price in USD is for reference puporses only. Feel free to contact Alex Carrillo at +52-999-243-4817 or at alex@tierrayucatan.com to schedule a visit to your future parking lot!

For more information contact:
Alex Carrillo

DETAILS

LOCATION:
LOT AREA: 621.48 Meters » 12 X 48.12 Meters (Convert...)
LIVING AREA: 362 Meters (Convert...)
BEDROOMS: 2
BATHROOMS: 1
PARKING: 24

SALE PRICE:


      

$419,000 USD

(Convert...)

AMENITIES

PHOTOS

MAP

The information which appears with each listing is provided by the owner. While we do our best to make accurate representations, Tierra Yucatan (Tierra Maya del Sureste SA de CV) cannot be responsible for any discrepancies.