M47 L5 Matamoros Mirador, PINK CADILLAC, Puerto Penasco,
Property Type:
Commercial
Square Footage:
7,000
Status:
Active
Current Price:
$899,000
List Date:
9/08/2023
Last Modified:
9/08/2023
Description
CASH FLOW BUSINESS FOR SALE! PINK CADILLAC- an iconic spot in Mirador is selling. Ahh the memories. This outstanding corner is a functioning restaurant and sports bar, with a pool bar AND a large night club upstairs. Property is a short walk to the beach too! The restaurant is a 50's diner theme and has the cleanest kitchen in town. The bar area is quaint, has games and all the sports on to watch, and does well itself. The remodeled night club, is beautiful, and has a ton of potential, currently it's used for special events. This property has a 3 a.m. hotel liquor license included. The hotel was started and is a blank slate for whomever wishes to complete it. Transformers included too! The open area can be more rooms or used for extra parking. Huge potential for a boutique hotel here.
More Information MLS# 21-1075
Last Updated: September - 08 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.