Discover a rare investment opportunity on Loreto's iconic Malecón waterfront. Built in 20045, this versatile mixed-use property offers panoramic Sea of Cortez views, adaptable interior spaces, and expansive rear grounds ideal for future development. Formerly home to a successful 120-seat restaurant for over 20 years, the upper level features breathtaking ocean views, while the lower levels offer flexible potential for commercial, residential, or hospitality use. The large rear area is perfect for amenities such as a pool, pickleball courts, garden courtyard, or additional units. Located steps from the marina, historic plaza, restaurants, and beach activities, this prime waterfront property combines unmatched visibility, strong tourism appeal, and excellent long-term investment potential.