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Property Type:
Commercial Sale
Subtype:
Restaurant
Status:
Active
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.
Address:
1105 MAGDALENA AVE #Condal San Juan, Puerto Rico 00908
Additional DetailsExteriorConstruction Materials Concrete Cooling Zoned Area and LotLot Size in Acres 0.14 FinancialAnnual Tax $0 HOA Fees $0 Location
Luis Munoz Marin International Airport
Airport Rd, Carolina, 00979
Get on Expreso Román Baldorioty de Castro/PR-26 from Marginal Aeropuerto and Exit 11B
3 min (2.0 km)
Follow Expreso Román Baldorioty de Castro/PR-26 to Calle Marginal/Marginal Baldorioty de Castro in Santurce, San Juan. Take exit 1A from Expreso Román Baldorioty de Castro/PR-26
4 min (5.4 km)
Take Caribe St and Av. Ashford to Magdalena Ave
5 min (900 m)
1104 Magdalena Ave
San Juan, 00907
Interested in this property? Get in touch
Leonardo Chamochumbi Lamberti
License:
#25737
1666 Ave. Ponce de Leon
San Juan Puerto Rico, 00909
Phone:
787-605-4631
Office:
787-382-3720
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