Own a piece of paradise!
Own a piece of paradise!
We have the perfect location for your very own mini resort, directly across from the ferry port in Culebra, Puerto Rico, a 5 by 7-mile island off the mainland of Puerto Rico, a US territory. No passport needed!
This unique property includes two commercial buildings, 2 updated apartments overlooking the sea, 2 gift shops, an established Airbnb boutique hotel, a café, a beautiful new bar and a large restaurant with 2 docks on the bay side. All businesses are currently licensed, furnished, equipped and fully transferable. Don't skip a beat, earn immediate income. The commercial possibilities are endless.
The Kokomo building, as it has been affectionately called for the past 36 years, has a total of over 7000 sq.ft. of space. One of the top 5 largest buildings in Culebra, it is a one-of-a-kind commercial space on the bay with much potential! Extremely conservative projected Net Operating Income is $230,000 annually. Serious investors, please send inquiry regarding specific rental information. The asking price for 7000 sq.ft. of commercial space across from the Culebra ferry terminal with 2 docks and 6 business spaces is $2.9 million. Includes four licensed businesses, and three liquor licenses... all transferrable for immediate income.
Culebra is a tourist-based destination with a resident population of 1500 (last Census count). The Kokomo Building has six fully operational businesses, a 12-camera security system, a 10'x20'x6' water cistern beneath the bar holding 10,000 gallons of water, a wood deck for events, a rooftop patio, a covered patio, and a 3rd floor ocean view patio.
Culebra boasts beautiful weather year-round, drawing tourists from mainland Puerto Rico, North and South America, Europe, and China... many international visitors come to relax and unwind. Culebra is home to famous Flamenco Beach, as well as many other beautiful beaches, offering plenty of activities for nature lovers, including swimming, snorkeling, diving, hiking, fishing, and sightseeing.
Airbnb with 7 rooms and 2 ocean view apartments
Fully equipped and licensed (transferrable) restaurant on the bay, both interior and exterior dining options
Fully equipped and licensed (transferrable) bar facing the ocean, directly across from the main ferry terminal, interior and exterior seating
Fully equipped and licensed (transferrable) cafe facing the ocean, both interior and exterior dining options
Gift shop in a perfect location, directly across from the main ferry terminal to Culebra. This 500 sq.ft. space can be used to create something special.
Gift shop in a perfect location, directly across from the main ferry terminal to Culebra. This 500 sq.ft. space can be used to create something special.
Two docks on the bay side can be used as boat and dinghy access for all the businesses, or create another business similar to kayak rentals, boat excursions, fishing trips, etc.
Our second dock is currently rented by the Dive Shop with no lease
Serious inquiries only!
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