For Sale $349,000 - Commercial, Homes
This property is located opposite the Bay Island Originals souvenir and gift shop on Utila’s main street.
This multi-purpose property has a lot going for it.
The property is described as multi-purpose because it includes spaces used for commercial operations in addition to the owner’s private residence.
The 0.157 acre property extends from Utila’s main street to the shoreline of Utila’s main harbor.
The Commercial Operations
Entering the property from Utila’s main street you will first encounter a small restaurant, currently occupied by Che Pancho a very popular restaurant, highly regarded by Utila locals and tourists. To the right hand side of this restaurant are stairs leading up to a 2nd level which is currently home to the Reef Cinema. The 53 seat Reef Cinema, is Utila’s only cinema and also popular with locals and tourists alike. The cinema has been operated by the property owner for I don’t know how many years. If you don’t want to own and operate a cinema, this space could be converted for other purposes.
To the left hand side of the restaurant is a walkway which leads to the entrance of the Funkytown Book Exchange and DVD Rental. This business is currently operated by the property owner and again this business very popular with tourists and locals alike. If you don’t want to operate a Book Exchange and DVD Rental this space could also be converted for other purposes. At the rear of the space is an office the property owner has converted to a computer repair workshop. The property owner is famous in Utila for fixing all types of computer and smartphone problems, be they hardware or software related.
There are two separate bathrooms at the ground level provided for the benefit of customers of the commercial operations.
The Owner’s Residence
Instead of entering Funkytown, if you continue down the walkway you will come to a gate. This gate is the entrance to the property owner’s personal residence which is a 500 square foot home built on the 2nd level with;
- 2 bedrooms,
- 1 bathroom,
- shared living room, kitchen, and dining area,
- and a partially covered deck with views across the back yard to Utila’s Harbor.
On the harbor side of the property is a private dock with elevated viewing platform and space to dock a boat. A boat hoist could be added to the dock. The dock provides an easy entrance into the ocean for a variety of water activities including; swimming, stand-up paddle boarding, and kayaking.
The existing constructions occupy around 50% of the property.
There is more than adequate space for additional constructions or other activities.