UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $199
MLS Listing ID PR9122096
Construction Status Completed
HOA Y/N No
Year Built 1960
Annual Tax Amount $855
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
The main two-story structure at the front of the lot houses two independent commercial spaces. The ground floor features a fully equipped restaurant ready to operate — industrial kitchen with extractor hoods, gas lines, fire suppression equipment, emergency exit, and stainless steel preparation, washing and storage areas. The dining room is finished with terrazzo flooring and includes a separate bar area. The upper floor is a commercial hall with its own independent street entrance, suitable for office space, event venue, second restaurant, bar, or other commercial uses. The hall includes two bathrooms finished with stone tile, modern fixtures, and contemporary lighting, configured for high-traffic operation. Four bathrooms total are distributed between both floors of the main building.
At the rear of the lot, an independent two-story structure houses two stacked hospitality units, both currently operating as active short-term rentals and generating income at the time of listing. The lower unit offers two bedrooms, one full bathroom with glass-enclosed shower, living room with TV, kitchen with dining area, in-unit washer and dryer, central air with additional AC in each bedroom, and an independent entrance. The upper unit offers two bedrooms, one full bath plus a half bath, living room with TV, fully equipped kitchen (stove, microwave, refrigerator), central air with AC in each bedroom, independent entrance, and access to a rooftop terrace with jacuzzi.
The property is powered by a transferable solar system with 71 panels and four Tesla Powerwall batteries — 58 panels and three Powerwalls serving the main building, and 13 panels with one Powerwall serving the rear structure. The solar contract conveys to the new owner. Water storage is supported by two industrial stainless steel cisterns with 20,000-gallon capacity each, providing 40,000 gallons of total reserve capacity for continuous commercial and residential operation.
The location offers short distance to marinas, beaches, restaurants, and waterfront services, supporting year-round demand from nautical tourism and local clientele. Annual property taxes are $855. This is a turnkey opportunity for an investor seeking income from established short-term rental operations alongside a fully equipped restaurant ready to reopen, or an owner-operator looking to consolidate hospitality and food service under one address.
Location
State PR
County Fajardo
Area 00738 - Fajardo
Interior
Cooling Central Air, Wall/Window Unit(s)
Exterior
Parking Features Deeded, Lighted, Secured
Utilities Available Water Connected, Electricity Available, Sewer Nearby
Waterfront Description River Front
View Y/N Yes
Water Access Yes
Water Access Desc River
Roof Type Concrete
Building
Lot Description Corner Lot, Curb and Gutters, Drainage Canal, Flood Insurance Required, FloodZone, Seaport, Paved
Entry Level Two
Foundation Block, Concrete Perimeter, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Private
Structure Type Concrete
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Acceptable Financing Commercial Financing, Cash
Listing Terms Commercial Financing, Cash
Special Listing Condition None
Schools and Properties Nearby
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