1105 MAGDALENA AVE #Condal San Juan, Puerto Rico

Property Type: Business Opportunity
Subtype: Restaurant
Status: Active
$320,000
Sale
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 Details

Exterior

Construction Materials
Concrete
Cooling
Zoned

Area and Lot

Lot Size in Acres
0.14

Financial

Annual 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

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