Island House, Munchies-Main St, Rental Unit, Restaurant Opp, Utila,

$425,000
Property Type: Commercial Status: Active
Current Price: $425,000 List Date: 11/11/2024 Last Modified: 11/13/2024

Description

Located in the heart of Utila, The Island House offers a rare investment opportunity that combines history, charm, and prime business potential. This 2-story, beautiful Caribbean/Colonial-style building is not just real estate; it's a piece of Utila's history, dating back to 1864. With 63 ft/19m of frontage on Utila's Main Strip, it is perfectly positioned to attract heavy foot traffic from both locals & tourists, making it a hotspot for business success. The property's prime location, combined with its historic significance & versatile layout, makes it an unparalleled opportunity for investors looking to maximize both income & value. -Dual income streams: Well-established restaurant & newly added apartments upstairs (photos pending) -future expansion to the back Iguana Garden

Supplements: Stability and Functionality The upper floor is ready to be adapted for rental apartments or as a personal residence. With 18 sq.m./204 sq.ft. of living space plus a wrap-around deck, it's ideal for rental income or an owner's quarters. Recent upgrades newly constructed apartments upstairs, new additional grey water septic tank specifically for the restaurant's kitchen, ensuring smooth operations. A private well pumps water to a tank that services the whole building, along with access to town water. Why Invest in The Island House? Embrace the energy of Utila in this historical building. With so much charm, potential, and location, The Island House is a prime spot for those looking to blend business and history in a lively Caribbean setting. Whether you're looking to run a business, create a unique rental experience, or own a piece of Utila's legacy, The Island House is your next big opportunity.

More Information MLS# 24-792

Contract Information

Current Price: $425,000 Status: Active Begin Date: 2024-11-11 List Price: $425,000 Business Name: Munchies Cafe

General Property Features

Access Type: Paved Area: Utila Lot Acres: 0.14 Lot Dimensions: 63 ft x 72 ft (approx) Topography: Flat Waterfront: No Beach Access: No General Views: Center of Town Roadfront: Yes

Address

Property Name: Rental Unit, Restaurant Opp Subdivision: Main Street Street Name: Island House, Munchies-Main St Island: Utila Country: Honduras

Remarks and Directions

Hot Sheet Comment: new

Property Features

Documents: Survey

Documents

Last Updated: November - 13 - 2024
Island House, Munchies-Main St, Rental Unit, Restaurant Opp, Utila,- MLS# 24-792
Information deemed reliable but not guaranteed.