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18.3 Route 149 - Casa Roja Bar & Grill 4 Unit Apartment Building Offered at $1,300,000 at a 8% Cap Rate Ciales, PR 00638

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Investment Highlights

  • Turnkey mixed-use property with licensed restaurant and bar, multiple rental units, diversified income, and strong expansion potential.

Executive Summary

TURNKEY MIXED-USE HOSPITALITY OPPORTUNITY | CIALES, PR. Unique opportunity to acquire a cash-flowing mixed-use hospitality property featuring a profitable operating restaurant and bar, two brand-new studio apartments ready for short-term rentals, and a 3-bedroom residential unit ideal for owner occupancy or rental. Property includes alcohol, food, and pool licenses, strong online reviews, and multiple income streams.Restaurant currently operates only Friday through Sunday, offering immediate upside through expanded hours and events. Additional unfinished basement level with former restaurant infrastructure presents significant value-add potential for events or secondary bar use. Commercial zoning, approximately 7,000 square feet, free and clear title. Offered at market value. Ideal for owner-operator or hospitality investor.

Financial Summary (Pro Forma - 2025)

Annual Annual Per SF
Gross Rental Income $58,000 $0.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $58,000 $0.77
Net Operating Income - -

Financial Summary (Pro Forma - 2025)

Gross Rental Income
Annual $58,000
Annual Per SF $0.77
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $58,000
Annual Per SF $0.77
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,300,000
Price Per Unit $325,000
Sale Type Investment
Cap Rate 8%
No. Units 4
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Low-Rise
Building Size 6,997 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 2000/2020

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Satellite TV
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Surround Sound
  • Views
  • Walk-In Closets
  • Wi-Fi
  • Grill
  • Basement
  • Coffee System
  • Deck
  • Dining Room
  • Family Room
  • Freezer
  • Garden
  • Handrails
  • Instant Hot Water
  • Mother-in-law Unit
  • Office
  • Patio
  • Porch
  • Recreation Room
  • Smoke Free
  • Wet Bar
  • Window Coverings
  • Workshop
  • Large Bedrooms

Site Amenities

  • Security System
  • Multi Use Room
  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $1,666 -
Studios 2 $1,666 -
3+2 1 $1,500 -
  • Listing ID: 38903724

  • Date on Market: 12/25/2025

  • Last Updated:

  • Address: 18.3 Route 149, Ciales, PR 00638

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