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$ 3,360,103
Est. payment /mo
Price Dropped by $117K
Republica de Brasil 8, Centro (Área 2), Cuauhtémoc, Ciudad de México Ciudad De Mexico, CiudaddeMexico 06010
22 Beds
12 Baths
14,574 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 14,574 sqft
Price per Sqft $230
Subdivision Centro (Área 2)
MLS Listing ID MX261234416
Bedrooms 22
Half Baths 12
Year Built 1967
Lot Size 3,401 Sqft
Acres 0.08
Property Sub-Type Building
Land Area 1354
Property Description
República de Brasil 8 | An asset with character, prime location, and redevelopment potential
Located in the city center (Colonia Centro), this building offers an exceptional opportunity for investors looking to acquire a property with unique character and transform it into a high-value project.
With its classic façade, architecture typical of the Historic Center, and 1,354 m² of built area on a 316 m² plot, this asset is a particularly attractive option for developing a new commercial, tourism, corporate, hospitality, or service-oriented concept—subject to applicable zoning and regulatory feasibility. KEY FEATURES
Land area: 316 m²
Construction area: 1,354 m²
Levels: Ground floor + 4 upper levels
Age: Over 50 years
Current configuration: Property formerly operated as a hostel/hotel
Commercial units: 2 currently in operation
CURRENT LAYOUT
Ground Floor
- Entrance hall
- Reception area
- Foyer with fountain
- Laundry area, linen storage
- Supplies room, luggage room
- Service patio, trash room
- Cleaning supply storage
- 2 Half-baths
- Two currently operating commercial units
First Level / 5 rooms / Restroom area / Shower area
Second Level / 8 rooms / Restroom area / Shower area
Third Level / 9 rooms / Restroom area / Shower area
Additional Areas
- Dining area, foyer
- Computer room
- Staircases
- Service areas
- Rooftop, boiler room with water tank area
INFRASTRUCTURE
The property features infrastructure that can facilitate a redevelopment or conversion process:
- Water meter
- Cistern (approx. 1,100-liter capacity)
- 5 rooftop water tanks (1,100 liters each)
- 3 electricity meters
- Three-phase electrical installation
THE TRUE VALUE LIES IN ITS POTENTIAL
Its greatest appeal lies in the opportunity to transform an existing building into a new business concept, capitalizing on a location where tourism, commerce, services, transit, and institutional activity converge.
Potential concepts to explore—subject to current regulations and necessary permits—include:
Lodging | Hostel | Hotel | Offices | Retail | Services | Dining/Gastronomy | Mixed-use concepts
República de Brasil 8 is located in the heart of Mexico City's Historic Center, an area characterized by a high concentration of tourism, culture, commerce, and institutional activity.
It benefits from an extraordinary concentration of establishments, hotels, public transport, shops, services, and cultural attractions. APPROXIMATE DISTANCES
- Plaza de la Constitución / Zócalo: 0.7 km
- National Palace (Palacio Nacional): 0.8 km
- Templo Mayor: 0.8 km
- Metropolitan Cathedral: 0.9 km
- Palace of Fine Arts (Palacio de Bellas Artes): 1.6 km
- Alameda Central: 1.5 km
- Monument to the Revolution: 2.8 km
- Paseo de la Reforma: 3.0 km
- Polanco: 7.0 km
- Mexico City International Airport: approximately 8.0 km
MAJOR THOROUGHFARES
The location offers connections to key corridors in the City Center and across Mexico City:
Located in the city center (Colonia Centro), this building offers an exceptional opportunity for investors looking to acquire a property with unique character and transform it into a high-value project.
With its classic façade, architecture typical of the Historic Center, and 1,354 m² of built area on a 316 m² plot, this asset is a particularly attractive option for developing a new commercial, tourism, corporate, hospitality, or service-oriented concept—subject to applicable zoning and regulatory feasibility. KEY FEATURES
Land area: 316 m²
Construction area: 1,354 m²
Levels: Ground floor + 4 upper levels
Age: Over 50 years
Current configuration: Property formerly operated as a hostel/hotel
Commercial units: 2 currently in operation
CURRENT LAYOUT
Ground Floor
- Entrance hall
- Reception area
- Foyer with fountain
- Laundry area, linen storage
- Supplies room, luggage room
- Service patio, trash room
- Cleaning supply storage
- 2 Half-baths
- Two currently operating commercial units
First Level / 5 rooms / Restroom area / Shower area
Second Level / 8 rooms / Restroom area / Shower area
Third Level / 9 rooms / Restroom area / Shower area
Additional Areas
- Dining area, foyer
- Computer room
- Staircases
- Service areas
- Rooftop, boiler room with water tank area
INFRASTRUCTURE
The property features infrastructure that can facilitate a redevelopment or conversion process:
- Water meter
- Cistern (approx. 1,100-liter capacity)
- 5 rooftop water tanks (1,100 liters each)
- 3 electricity meters
- Three-phase electrical installation
THE TRUE VALUE LIES IN ITS POTENTIAL
Its greatest appeal lies in the opportunity to transform an existing building into a new business concept, capitalizing on a location where tourism, commerce, services, transit, and institutional activity converge.
Potential concepts to explore—subject to current regulations and necessary permits—include:
Lodging | Hostel | Hotel | Offices | Retail | Services | Dining/Gastronomy | Mixed-use concepts
República de Brasil 8 is located in the heart of Mexico City's Historic Center, an area characterized by a high concentration of tourism, culture, commerce, and institutional activity.
It benefits from an extraordinary concentration of establishments, hotels, public transport, shops, services, and cultural attractions. APPROXIMATE DISTANCES
- Plaza de la Constitución / Zócalo: 0.7 km
- National Palace (Palacio Nacional): 0.8 km
- Templo Mayor: 0.8 km
- Metropolitan Cathedral: 0.9 km
- Palace of Fine Arts (Palacio de Bellas Artes): 1.6 km
- Alameda Central: 1.5 km
- Monument to the Revolution: 2.8 km
- Paseo de la Reforma: 3.0 km
- Polanco: 7.0 km
- Mexico City International Airport: approximately 8.0 km
MAJOR THOROUGHFARES
The location offers connections to key corridors in the City Center and across Mexico City:
Location
State CiudaddeMexico
County Cuauhtemoc
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Electricity Available, Water Available
Porch Balcony
Building
Lot Description Rectangular, Rectangular Lot
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Pets Allowed No
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