26 Bedroom Shophouse for sale in Chang Phueak, Chiang Mai

Fully licensed and recently underwent total renovation, this 26 rooms hotel and 22 rooms mansion are now available for sale in Changphuak area of Chiang Mai town. The hotel is located in a less busy street within the buzzling community of students, tourists and locals alike. It is a stone's throw away from the Superhighway that will lead to Nimmanhaemin road in less than 10 minutes drive. It takes approximately 13-15 minutes to drive to the airport, 5 minutes to the moat area and Chiang Mai Ram hospital and 14 minutes to CMU. The Rajabhat University is across from the hotel's street.

The 3 storey former shophouse building has several entrances, one is through the grand entrance doors with a cozy driveway with the swimming pool and bar on the left and the covered car parking ahead. The second entrance is via the hotel reception and lobby area and the third entrance is from the courtyard away from the street. The building has just undergone a 3 year total renovation. The ground floor comprises 6 commercial units with 1 unit that has 2 floors and is larger than the others, hotel lobby entrance, a restaurant with fully fitted kitchen, and a gym with all new equipment as well as a pantry and bathroom. Part of the second floor are student flats and the rest are the hotel and apartments.

The hotel has 26 rooms with their own bathrooms and are fully furnished. The mansion consists of 22 units of which 4 are studios, 2 are one bedroom units and 2 are two bedroom units. All units have tall ceilings, spacious, fully a/c and beautifully furnished with handpicked furniture pieces, each unit with its own unique style. Inside the building is incredibly quiet and peaceful. It's hard to believe it is in the heart of a buzzling area of Chiang Mai. One of the apartments is a duplex located next to the hotel lobby and has its own entry, the ground floor is the living area and going up the stairs is the mezzanine floor with an open bedroom, again beautifully decorated. The hotel also has a covered rooftop area for storage as well as large water tanks. The business is under company names with no liabilities thus can be conveniently transferred. An exceptional investment opportunity in one of the most sought after and up and coming areas of town.