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OCEANFRONT RESIDENTIAL CONCEPT
With 55.7 feet of frontage on the Malecon, incredible ocean views of the Sea of Cortez, and permission from the Municipality of Loreto to be used as commercial, residential, or mixed-use, the versatility of this property is unmatched.
This property could be utilized as a truly one-of-a-kind residence. Imagine a large open floor plan loft style, living room, dining room, commercial grade kitchen with floor-to-ceiling windows, and a large outdoor patio space to enjoy the best of indoor/outdoor living. Perfect for entertaining, walking distance to everything with the most spectacular views Loreto has to offer.
The current owner is currently completing an extensive renovation of the downstairs space with a two-bedroom apartment with an ensuite bathroom and a large walk-in closet. Also, downstairs is a small office, additional storage space, a ½ bath, and a large walk-in commercial-grade fridge and freezer.
The home has a very large covered outdoor area where the new owners could install a pool, pickleball court, or build out for more living space.
The current owner also has permission from the city to build an apartment on the third floor, install an elevator, and an option to construct private, off-street garage access, if desired.
Property Details
Lot Size: 7,600 Square Feet
Ground Floor: 3,842 Square Feet of enclosed space
2nd Floor: 2,460 Square Feet enclosed space, with 1,404 roofed terrace
Backyard Bar: 3,100 Square Feet enclosed space with Nucor metal building
Services: City water, power, sewer services