372 CALLE FULLADOZA

Commercial Sale

$4,400,000

Property ID:

None

Year Built

1990

Lot Size

0.09 Square Feet

Description

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.

Additional Details

Waterfront Features: Waterfront, Bay/Harbor
Cooling: Mini-Split Unit(s)
Street Number: 372
Directions: from the ferry terminal head toward Calle William Font/PR-252, then turn right onto Cll Escudero, pass the bridge and turn left.
Water View: Bay/Harbor - Full
Listing Id: PR9121628
List Office Name: CULEBRA SUNRISE REAL ESTATE
List Agent Full Name: Mitchelle Millet Martinez
Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Slab
List Agent MLS Id: 743511776
Water Extras: 1
List Office MLS Id: 743511776
Lot Size Area: 4305
Street Name: CALLE FULLADOZA
Utilities: Phone Available, Public, Solar, Water Connected
Water Access: Bay/Harbor
Building Features: Furnished, Kitchen Facility, Ramp
Lot Features: Waterfront
Lot Size Square Feet: 4305