Bradley Ryon
Utila Realty
Office: 18505881030
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Address: Main Street
Cross Roads
Utila Islas de la Bahia 34201
Listing Price: 590000
Bedrooms: 2
Bathrooms: 5
Listing Type: For Sale
Property Type: Business / Retail
Square Feet: 3840
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The three story Mariposa Building is conveniently located steps from the town center and through a pretty alley-way which leads directly to the sea.

 Incredible views of Utila Bay and beyond from the sweeping covered porches on the second floor where  currently a popular and viable restaurant rents the space and from the third floor which contains two private and spacious studio apartments.

There are two additional spaces on the ground floor available for renting out to commercial endeavors, or which can be easily converted into additional apartment rentals or over-flow dining space for the restaurant.

The private dock stretches out into the Utila Bay and is a great place to go for a swim and cool off on hot Utila days and also allows for boats to pull directly up and dock in front of the building which is convenient for customers to the restaurant, apartment tenants and for the other rental income spaces.

Situated in the heart of Utila the Mariposa building has been the home of a successful restaurant which is popular not only for the good food but for its advantageous location to watch the sunset and enjoy the breeze. Watching large sting rays and barracuda swim past the building from the second floor is a delight for many diners.

Included with the sale are all of the stainless steel counter tops, serving spaces, and stove from the commercial kitchen as well as all of the restaurant tables and chairs, bar stools and tables.

The back of this property has room to expand upon and there is currently a colourful garden and a small parking lot. Also located there is a covered space next to the building which holds a wood burning bread/pizza oven.

Each floor of this building is 1300 square feet of rental income opportunity!

Owners could live in one of the studio apartments on the third floor and rent out the rest of the building, or convert the top floor into an owner’s pent house and enjoy the convenience as well as the beauty of this location.

 The studio apartments come fully furnished with kitchen appliances, double beds and have large full hot water bathrooms. The sunset views of Utila Bay are unobstructed and breath-taking from the sea-facing balconies of each apartment.

The ground floor rental units each have their own bathroom as well as multiple sea-facing windows allowing plenty of natural light and the sea breezes into the spaces.

Owner designed storm shutters protect the ground floor from foul weather and they open up as a part of a built-in awning which adds a unique and stylish effect.

Come, start your business in the Caribbean and live on top of a beautiful building in the heart of Utila.