Price Reduced ListingThis 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.
| MLS # | PR9121628 |
|---|---|
| Listing Type | For Sale |
| Style | Restaurant |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1990 |
| Days On Site | 86 |
| Listing Provided By | CULEBRA SUNRISE REAL ESTATE | Mitchelle Millet Martinez |
| SQ Feet | 4,000 |
|---|---|
| Acreage | 0.09 |
| Water Front | Yes |
| State | PR |
|---|---|
| County | Culebra |
| City | CULEBRA |
| Zip Code | 00775 |
| Area | 00775 Culebra |
| Listing VS Median (in 00775) | |
Price: $4,400,000 low | high Med: $935,000 sqft: 4,000 low | high Med: 3,013 $ / sqft: $1,100 low | high Med: $310 On site: 86 low | high Med: 350 | |
| State | PR |
|---|---|
| County | Culebra |
| City | CULEBRA |
| Zip Code | 00775 |
| Area | 00775 Culebra |
| Listing VS Median (in 00775) | |
Price: $4,400,000 low | high Med: $935,000 sqft: 4,000 low | high Med: 3,013 $ / sqft: $1,100 low | high Med: $310 On site: 86 low | high Med: 350 | |