1105 MAGDALENA AVE #Condal, San Juan, PR 00908
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1105 MAGDALENA AVE #Condal, San Juan, PR 00908
1105 MAGDALENA AVE #Condal, San Juan, PR 00908
1105 MAGDALENA AVE #Condal, San Juan, PR 00908
1105 MAGDALENA AVE #Condal, San Juan, PR 00908
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$ 320,000
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1105 MAGDALENA AVE #Condal San Juan, PR 00908

6,421 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 6,421 sqft

Price per Sqft $49

Subdivision Condado

MLS Listing ID PR9122111

HOA Y/N No

Year Built 1990

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Restaurant

Source Stellar MLS

New Construction false

Property Description

Located in Condado, one of Puerto Rico's most vibrant dining, entertainment, and tourism districts, this turnkey business opportunity offers the chance to acquire a fully operational restaurant in one of the island's most sought-after commercial locations. Formerly known as Condal, the business is being sold fully equipped, including all furniture, fixtures, equipment, and operational assets, representing more than $300,000 in value. The restaurant operates from a 473-square-meter commercial space and features a spacious rooftop, dual bar areas, a fully equipped commercial kitchen, and active liquor permits, making it well suited for a restaurant, lounge, nightlife concept, or elevated dining experience. The business is supported by substantial infrastructure, including four 5-ton air conditioning units, a 48kW gas-powered generator, and a 1,000-gallon cistern, providing the operational reliability essential for daily restaurant service. The current lease extends through March 2028, with renewal options available, offering long-term stability for the incoming operator. Asking Price: $320,000 Financial statements will be provided only to qualified buyers upon execution of a Non-Disclosure Contract(NDA) and submission of proof of funds. Lease information, equipment inventory, and additional due diligence materials are available upon request. Please do not disturb the employees, ownership, or business operations. All visits must be scheduled in advance through the listing agent.

Location

State PR

County San Juan

Community Condado

Area 00908 - San Juan

Interior

Cooling Zoned

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9122111


Stellar MLS
Listed by Leonardo Chamochumbi Lamberti ARK REAL ESTATE

NEARBY SCHOOL & BUSINESS

Tru Living Group LLC

Tru Living Group LLC

Team Leader

+1(813) 261-3540

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1105 MAGDALENA AVE #Condal