Building Details

Tenancy Single

Listing Agency: AIRE REAL ESTATE Show Phone

Listed By: Nick Pastrana Villafañe Show Phone

Source: Exprealty

Added: May 12 Changed: Aug 14 Last Checked: Aug 16 at 1:32PM

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Investment Insights

Based on property information with market context.

This turnkey corner restaurant and wine bar is offered as CHIDO’S Mexican Wine Bar & Grill, with the sale including furniture and equipment, a generator, current permits, and extensive renovations already completed on the premises. The business is described as a thriving, well-established operation with a loyal mix of locals and tourists, and it operates as a Mexican wine bar and grill concept.

The location is on Isla Verde Avenue in Isla Verde, Carolina, Puerto Rico, positioned on a high-visibility corner directly across from Isla Verde Beach. The property is surrounded by premier hotels, vacation rentals, and restaurants, supporting a year-round flow of foot traffic. The offering also notes ample on-site parking as well as adjacent parking areas.

For operators, this presents a practical option for hospitality or retail buyers looking for an established, permitted food-and-beverage operation in place. The remarks indicate the lease was recently negotiated for a 10-year term, with a current monthly rent of $13,750. Whether continuing the existing concept or introducing a new venture, the combination of permits, renovated space, and included operational items is designed to reduce start-up overhead for an incoming operator.

Key Highlights

• Corner restaurant and wine bar on Isla Verde Avenue across from Isla Verde Beach in a high‑traffic tourist corridor
• Nearly $2,000,000 in annual sales reported for CHIDO’S Mexican Wine Bar & Grill
• Business offered at $1,200,000 includes furniture and equipment, generator, current permits, and extensive renovations

Property Analytics

Current Use

Bars & Pubs

Lease Details

Single-tenant

Tenancy

Turnkey business

Opportunity

NNN (Triple Net)

Lease Type

Market

Vacancy Rate% for Retail in the U.S.

6.4% 2019

7.2% 2020

6.5% 2021

5.6% 2022

5.3% 2023

5.3% 2024

5.7% 2025

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Turnkey corner restaurant and wine bar with ample parking, generator, and recently renovated improvements in a high-traffic tourist corridor.

Where is this bar & pub located?

The property is located at 5916 Ave Isla Verde Carolina, PR.

What is the lease rate?

The lease rate is $165,000.

What are key features of this property?

This property features: Corner restaurant and wine bar on Isla Verde Avenue across from Isla Verde Beach in a high‑traffic tourist corridor; Nearly $2,000,000 in annual sales reported for CHIDO’S Mexican Wine Bar & Grill; Business offered at $1,200,000 includes furniture and equipment, generator, current permits, and extensive renovations