08/03/2026
In May 2024, Restaurant Mediterraneo in Loreto, located on the vibrant Malecon, closed its doors after 20 successful years of delighting patrons. This iconic property, spanning 10,000 square feet, is zoned for mixed use, offering a wealth of possibilities.
Previously ranked among the top five restaurants in Loreto on TripAdvisor, the second-floor dining area comfortably seated 90 guests, both indoors with air conditioning and on an ocean-facing terrace. The backyard, sheltered by a high-quality Nucor metal structure, featured a bar, a movie theater with a 15-foot projection screen, a warming kitchen, a dance hall, and a public meeting space accommodating up to 145 guests. The ground floor served as residential and office space, providing convenient living quarters for employees.
Following its closure, we embarked on an ambitious transformation of the property into Villa Mediterraneo, an exclusive residential haven featuring four bedrooms and 4.5 baths. Our expert design and build team has meticulously renovated the space over a nine-month period, and it is now 85% complete. The property awaits the final touches by its new owner, promising a unique home overlooking the Sea of Cortez in Loreto's historical district.
Alternatively, this fully remodeled property is ready for immediate commercial use, maintaining its original charm and functionality. Whether as a luxurious residence or a versatile commercial space, this property must be seen to be truly appreciated.
For more information, contact us at 613-129-5850. We welcome cooperation with realtors.