S2858 | Hotel Investment Opportunity | 3-Storey Hotel on Tha Phae Road, Chiang Mai | Retail Space & Dual Access

A hotel investment opportunity in one of Chiang Mai\\\'s key tourist districts. The property features 42 guest rooms, a valid hotel operating license (as advised by the owner), and ground-floor retail space, offering potential for both hospitality and commercial business operations.

Property Details

• Land area: 350 sq.wah (1,400 sq.m.)
• 3-storey hotel building
• 42 guest rooms
• Hotel operating license
• Ground-floor retail area with reception counter, storage room, and food preparation area
• Two access points connecting Tha Phae Road and the Tha Phae Intersection side
• Asking price: THB 160,000,000

Investment Highlights

• Prime Tha Phae Road location, near Tha Phae Gate and the Sunday Walking Street
• Close to Chiang Mai Night Bazaar, Warorot Market, and the Old City attractions
• Potential to generate income from guest rooms and retail space rentals
• Dual access offers flexibility in managing hotel and retail operations
• Suitable for hotel operators seeking an existing business to acquire, renovate, and further develop

Nearby Attractions

• Tha Phae Gate
• Sunday Walking Street
• Chiang Mai Night Bazaar
• Warorot Market (Kad Luang)
• Ping River
• Chiang Mai International Airport

An opportunity for investors and hospitality operators seeking a hotel property with an operating license in a major Chiang Mai tourist location, with potential to expand revenue through both hotel operations and commercial retail space.