Que Pasa Restaurant, Bar, Grill & Apartment Complex

$ 990,000
Purpose Sale
Type: ,
Location
Agent Troy Powell
Room(s)13 baths, 10 beds
Area 9849 sqft

Details

Type Commercial
Construction Size 915 m2
Stories 4
Land Size 481 m2
Parking Yes
Allow Pets Yes
Bedrooms 10
Bathrooms 13
Furnished Yes
Sewer Yes
Room Types Restaurant, Courtyard, Apartments, Storage
Year Built 1990
Elevator No
Appliances
View River
Beach Front No
Guest House No
Roof Flat
Floor Tile
Air Conditioner No
Dues Include

Description

Perfect opportunity to semi retire, live on the premises while managing a successfully operating business.  Located between Aquiles Serdan and Camichin, Que Pasa Bar & Grill is located directly across from Rivera Cuale Condominium.  The Bar and Grill first opened in 2003 and has been operating since 2005 in its current location with a well established clientele.  Restaurant, beer and liquor licenses all in order and easily renewed yearly.  Menu serves breakfast, lunch and dinner.  The restaurant is located on the ground floor with a large stage area for performing arts with attached courtyard.  Men and women’s bathrooms adjoin.  Bands perform  4 nights a week in high season.  Open Mic is on Fridays prior to the live music show.

Seating capacity is: 150.  Other entertainment options include two pool tables.

The fully equipped restaurant kitchen and grill include  an 8 burner stove with oven, fryer, grill, and griddle all professional grade.. 2 refrigerators and a freezer. A largeprep table.  Ample storage space for bar and kitchen.

A  four story apartment complex is highlighted in this opportunity (easily converted to condos or hotel).  It has its own private entrance from Rivera del Rio street and overlooks the refreshing Rio Cuale.  The planned riverwalk will pass in front of the apartments and is ideally situated for an outdoor cafe by obtaining concession. The units are consistently rented year round.  Renovations have been on-going.  Soundproofing walls have been added, electrical and plumbing updated as well.

The apartment layout is as follows:

  • Ground floor-one bedroom apartment, a double garage, ample storage
  • 1st floor-  two bedroom apt and a one bedroom apt
  • 2nd floor-two bedroom apt and a one bedroom apt
  • 3rd floor Penthouse – three bedroom apt,  one and a half baths and  private veranda

Address

Aquiles Serdan #625

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