Description

Under contract-accepting backup offers. The Kokomo Commercial Property historically known as Hotel Kokomo is an operating full service guesthouse with commercial spaces. The property includes, but is not limited to, the following: - 7 rental guest rooms - A full 1 bedroom rental apartment - A full 2 bedroom rental apartment - A business office - An operating cafe - An operating bar - An operating gift shop - An operating dive shop - A full service restaurant - Porches and Decks throughout the property for relaxing and taking in fabulous views - Direct Access to two docks on the Culebra channel. The property is centrally located in the middle of the town of Culebra right across the street from the Culebra ferry dock. The ferry dock ticket office is 85 feet from the front door of the hotel. The property consists of two buildings. The main building is a concrete building that consists of three floors. The first floor of the main building has three commercial businesses, an operating bar and an operating cafe at the front of the building. A full service restaurant is located at the back of the first floor of the main building. The second floor of the main building has 7 individual guest rooms and bathrooms along with the business office. The third floor of the main building has a 1 bedroom 1 bath apartment and a 2 bedroom 1 bath apartment. Both apartments have high vaulted ceilings. The second building on the property is of concrete construction and houses an operating gift shop and an operating dive shop. Much of the property is newly remodeled with a modern touch. The property has a proven rental and income history which gives the property great investment potential. Detailed income information can be shared upon request. A wonderful opportunity to own a full service "mini-resort" in the middle of the beautiful Island of Culebra, Puerto Rico.