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$1,200,000
Est. payment /mo
3,784 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,784 sqft
Price per Sqft $317
MLS Listing ID PR9117888
HOA Y/N No
Year Built 2000
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Business
Source Stellar MLS
Property Description
Excellent opportunity to acquire a thriving, well-established corner business in Isla Verde—one of Puerto Rico's highest-traffic tourist corridors. The business generates nearly $2,000,000 in annual sales. The sale of the CHIDO'S business offered at $1,200,000 includes all furniture and equipment, a generator, current permits and the extensive renovations previously completed on the premises. The lease was recently negotiated for a 10-year term; the current monthly rent is $13,750. CHIDO'S Mexican Wine Bar & Grill occupies a high-visibility corner location on Isla Verde Avenue, situated directly across from Isla Verde Beach and surrounded by premier hotels, vacation rentals, and restaurants. With years of operation and a loyal clientele comprising both locals and tourists, the business benefits from a steady stream of foot traffic year-round, making it an attractive investment for operators in the hospitality or retail sectors. The property features ample on-site parking, as well as adjacent parking areas. Whether you choose to continue its proven Mexican wine bar and grill concept or introduce a new venture, CHIDO'S represents a true turnkey opportunity in one of Puerto Rico's most desirable commercial districts.
Location
State PR
County Carolina
Area 00979 - Carolina
Interior
Cooling Other
Building
Foundation Other
Lot Size Range 0 to less than 1/4
Structure Type Other
New Construction false
Others
Ownership Other
Special Listing Condition None
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Listed by Nick Pastrana Villafañe NICK PASTRANA