19 Antonio R. Barcelo Street, Maunabo, PR 00707

Property Description

La Cocina de Juanita, the well-known Maunabo bakery and café, is for sale. Established and operating in the heart of downtown, directly across from the town plaza. The sale includes the building, the land, the La Cocina de Juanita business name and the recipes. Known throughout the region for bread baked from scratch on site, its famous quintupleta and its breaded fried chicken. One-story reinforced concrete and block commercial building of approximately 2,289 sq ft on a level, rectangular 353.56 m2 lot (approx. 3,806 sq ft), with more than 35 ft of frontage on high-traffic Antonio R. Barceló Street and quick access to PR-3, PR-53 and PR-760. The building covers nearly the entire lot; parking is on the street. Commercial zoning C-I. Flood zone X (minimal risk), FEMA panel 72000C1795J. Tax ID (catastro) 400-077-045-04-001. The owner is retiring. According to the owner, the business generates $300,000 to $400,000 a year in gross sales; sales and operating details will be provided to qualified buyers by appointment. All financing will be considered, including owner financing. Offered at $275,000, based on a recent appraisal.