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Old hotel in center of town, one of Chiang Rai s first hotel

town center

Listing number: 6163

Old hotel in center of town, one of Chiang Rai s first hotel
  • Price: 50 000 000 THB
  • 1 666 667 USD
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    • Land: 1602 sq m (1 rai, 02 talang wah)
    • Title: Chanot
    • Price: 50 000 000 THB
    • Price/rai: 49 750 000 THB
    • 4-story building, total 52 rooms, each room 16 sq m, best location

  • Full description
  • This hotel is prime commercial property. It sits less than 50 meters from the clock tower and even closer to the town s main intersection and has 42 meters of frontage on a main road, offering maximum exposure for a hotel or retail project. The property is also accessible from a two-lane side road which goes directly to the night bazaar and other retail stores. The four-story building has a total of 52 rooms, each room has 16 sq m of usable space, and was built approximately fifty years ago, making it one of Chiang Rai s first. Most parts of the building would require a partial or complete renovation, depending on the retail plans of the new owner. There are fantastic views from the rooftop in all directions. This property would be perfect for an up-scale retail/hotel project or for a smaller-scale office building.

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