฿ 180,000,000
฿ 119,000,000(1,776,119 B./sq.w.)
Hotel&Apertment BusinessFor sale
: 23,173
: 1,931
New landmark in the heart of China Town, a source of traffic for both Thai and foreign tourists 24 hours a day.
Created 10/01/2026
Updated 25/10/2026
Property information
Area size
67 sq.w.
Floor
8
Number of rooms
40
Description
6-unit building for sale in the heart of Yaowarat
Description
BANGKOK CHINATOWN HOTEL INVESTMENT OPPORTUNITY
FREEHOLD HOSPITALITY ASSET IN THE HEART OF YAOWARAT
Asking Price: THB 119 Million
Estimated Market Value: THB 150 Million
Immediate Equity Upside: THB 31 Million
Approximate Existing Layout: 40 Rooms
Passenger Elevator Installed
Walking Distance to MRT Wat Mangkon
INVESTMENT SNAPSHOT
This property represents a rare opportunity to acquire a large-scale freehold hospitality asset within Bangkok’s historic Chinatown district.
Positioned in one of Thailand’s most visited tourism destinations, the building offers investors an attractive combination of existing hotel infrastructure, redevelopment flexibility, and long-term capital appreciation potential.
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Key Highlights
• Freehold Ownership
• Prime Yaowarat Location
• Approximately 40 Existing Room Layouts
• Passenger Elevator Already Installed
• Six Connected Commercial Bays
• Immediate Acquisition Below Estimated Market Value
• Significant Hospitality Redevelopment Potential
• Strong Tourism and Hospitality Demand
WHY INVESTORS ARE LOOKING AT YAOWARAT
Yaowarat is widely recognized as one of Bangkok’s most iconic commercial and tourism districts.
The area attracts international visitors throughout the year and continues to benefit from improved transportation infrastructure, growing tourism arrivals, and increasing demand for unique hospitality experiences.
Unlike many mature districts where redevelopment opportunities are limited, Yaowarat continues to offer significant upside for investors capable of repositioning existing assets into modern hospitality concepts.
For investors seeking both recurring operational income and long-term capital growth, Yaowarat remains one of Bangkok’s most resilient hospitality markets.
INVESTMENT THESIS
Investment decisions are driven by numbers, location, and future upside.
This opportunity combines several characteristics rarely found within Bangkok’s historic Chinatown district:
• Freehold ownership in a tightly held commercial area
• Existing hotel conversion framework
• Passenger elevator already installed
• Prime tourism location
• Significant value-add potential
• Immediate acquisition below estimated market value
• Multiple future revenue streams
The combination of location, scale, existing infrastructure, and redevelopment potential creates multiple pathways for long-term value creation.
REDEVELOPMENT POTENTIAL
Six Connected Freehold Commercial Bays
Unlike traditional single-unit properties commonly found in Yaowarat, this asset consists of six interconnected commercial units with substantial street frontage and flexible ground-floor space.
The property’s layout creates exceptional opportunities for hospitality-focused redevelopment and revenue enhancement.
Potential concepts may include:
• Signature Hotel Lobby
• Boutique Café
• Restaurant Concept
• Guest Drop-Off Zone
• Covered Parking Area
• Wellness & Spa Facilities
• Boutique Courtyard Pool Concept (subject to design and engineering review)
• Rooftop Bar & Event Venue
• Additional Retail Income Opportunities
The unusually wide frontage and large ground-floor footprint provide a level of operational flexibility rarely available within Bangkok’s historic Chinatown district.
These features have the potential to enhance both operating income and long-term asset value.
HOTEL REVENUE POTENTIAL
Based on a conceptual hospitality model utilizing approximately 40 guest rooms, investors may explore a range of operating strategies depending on positioning, branding, and room rates.
Illustrative Scenario
Approximate Room Count: 40 Keys
Average Daily Rate (ADR): THB 1,200
Occupancy: 80%
Projected Monthly Revenue: THB 1.15 Million
Projected Annual Revenue: THB 13.8 Million
Investors should conduct independent financial and operational due diligence before making investment decisions.
LOCATION ADVANTAGE
• Yaowarat Road
• Bangkok Chinatown
• Walking Distance to MRT Wat Mangkon
• Surrounded by Restaurants, Retail, and Tourist Attractions
• Strong International Visitor Traffic
• Established Commercial Environment
• High Visibility Street Frontage
• Excellent Connectivity Across Bangkok
REQUEST INVESTMENT PACKAGE
For qualified investors, additional information may be available upon request.
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PROPERTY FACTS
Property Type
Freehold Commercial Building Suitable for Hotel Conversion
Land Area
67 Sq.Wah (268 Sq.M.)
Building Area
Approximately 1,770 Sq.M.
Building Configuration
• Six Connected Commercial Bays
• Seven Floors
• Mezzanine Level
• Rooftop Level
Total Functional Levels: 9
Building Frontage
Approximately 21 Meters
Building Depth
Approximately 13 Meters
Existing Hotel Layout Potential
• Approximately 40 Guest Rooms
• Standard Rooms: 4 x 4 Meters
• Large Rooms: 6 x 6 Meters
• Passenger Elevator Installed
• Ground Floor Available for Hospitality Concepts
• Rooftop Available for Future Development
This configuration provides investors with a significant head start compared to acquiring a vacant shell building and starting a hotel conversion project from scratch.
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PROJECTED INVESTMENT SCENARIO
The following figures are provided for illustration purposes only and should not be considered a guarantee of future performance.
Illustrative Hotel Operation Model
Total Keys
40 Rooms
Average Daily Rate (ADR)
THB 1,200
Occupancy Rate
90%
Estimated Daily Revenue
THB 43,200
Estimated Monthly Revenue
THB 1,296,000
Estimated Annual Revenue
THB 15,552,000
Illustrative Operating Expense Assumption
10%
Estimated Net Operating Income (NOI)
THB 13,996,800 Per Year
Acquisition Price
THB 119,000,000
Illustrative ROI
Approximately 11.76%
Illustrative Payback Period
Approximately 8.5 Years
Investors are encouraged to conduct independent financial, legal, and operational due diligence.
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’S BACKGROUND
For many years, this property served as the headquarters of a successful family-owned automotive and tire service business in Bangkok.
To support long-term staff retention, portions of the upper floors were historically configured as affordable residential accommodation for employees and their families. This practical layout contributed to the creation of multiple room configurations throughout the building.
Today, much of that existing room structure remains in place, providing a valuable foundation for future hospitality redevelopment.
After decades of operating the business, the has established a respected reputation within the industry and is now preparing for retirement.
With the next generation pursuing independent careers and the family no longer requiring the property for business operations, the decision has been made to offer this unique freehold asset to the market.
The sale is driven by retirement and succession planning rather than financial distress, creating a rare opportunity to acquire a substantial freehold property in one of Bangkok’s most established commercial districts.
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Acquisition Price: THB 119 Million
Estimated Market Value: THB 150 Million
Immediate Equity Upside: THB 31 Million
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Highlights
Private Parking
Parking
Convenience Store
Co-working space
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