Active

$5,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRPR9121628
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
This is a rare opportunity to acquire Culebra’s most iconic waterfront restaurant, the famous Dinghy Dock! A truly irreplaceable commercial asset in one of Puerto Rico’s most sought-after island destinations. Situated on the waterfront of Ensenada Honda, this all-concrete landmark building has served the Culebra community, visiting boaters, and tourists for decades. Seating up to 100 diners at a time, customers arrive by boat, dinghy, kayak, and on foot, an experience no other dining destination on the island has. Tables are in demand daily, with a waitlist that speaks for itself. This sale includes the real estate property, all furniture, fixtures, and commercial kitchen equipment. The transferable liquor license adds significant standalone value in a market where new licenses are difficult to obtain. Beyond the restaurant, the property delivers multiple active income streams. An art and jewelry boutique occupies one of the upper-level commercial spaces, bringing additional retail traffic to the property. A fully operating Airbnb unit with a private deck and stunning ocean views provides short-term rental income. An additional commercial space is currently vacant and ready for a new tenant, offering the incoming owner immediate opportunity to expand. This is a turn-key acquisition for an owner-operator or investor seeking an established, iconic restaurant anchored by multiple operating revenue streams in a high-traffic island tourism market. The property is equipped with a solar energy system, backup generator, and water cistern, ensuring the business can continue operating fully and uninterrupted even when island utilities are affected, a critical advantage in the Caribbean market. Financial statements and full due diligence materials are available to qualified buyers upon execution of an NDA.
Financial Considerations
Price:
$5,600,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$1400
Tax Legal Description:
N/A
Exterior Features
Lot Size:
4305
Lot Features:
Waterfront
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Mini-Split Unit(s)
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Restaurant
Style:
N/A
Year Built:
1990
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    372 CALLE FULLADOZA
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