Active

$2,200,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRPR9116974
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Investment Property for Sale – Anchor SeaFood Restaurant / 2475 Loíza Street, Punta Las Marías, San Juan, Puerto Rico. Asking Price: $2,200,000. Location: 2475 Loíza Street, Punta Las Marías, San Juan, PR. Building Size: 7,467 sq. ft. | Lot: 1,429.08 m² (0.36 cuerdas). Parking: Approx. 20 spaces | Zoning: CT-1 “Comercial Turístico”. Tenant: The Little Gringo, LLC – 20-year lease at $18,000/month. *Property Overview Exceptional commercial opportunity in the heart of Punta Las Marías, one of the most desirable and high-traffic corridors in San Juan — just steps from Isla Verde, Ocean Park, and the beach. This fully renovated, one-story Class B restaurant building features over 7,400 sq. ft. of prime space with modern finishes, high ceilings, glass façades, and dedicated on-site parking for 20 vehicles. The property now presents an attractive $2.2M investment opportunity with a stable, long-term tenant in place. *Tenant & Lease The property is currently occupied by The Little Gringo, LLC, a fine-dining seafood concept nearing completion of its full renovation. The operator wishes to remain as tenant under a 20-year NNN lease at $18,000/month, offering the buyer passive income with an established, experienced restaurateur in a proven location. *Highlights Prime location on Loíza Street—minutes from Isla Verde, Condado & Luis Muñoz Marín Airport. 7,467 sq. ft. renovated restaurant building (est. $878,000 in improvements). CT-1 Tourist Commercial Zoning allows for multiple hospitality uses. High visibility & steady traffic from both locals and tourists. 20 parking spaces including handicap spaces. Solid investment with 6.5–7 cap potential and future appreciation. *Investment Summary Asking Price $2,200,000. Lease Term 20 Years (NNN). Monthly Rent $18,000. Annual Income $216,000. Cap Rate (approx.) ˜ 6.5
Financial Considerations
Price:
$2,200,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$294.63
Tax Legal Description:
N/A
Exterior Features
Lot Size:
7467
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Cement, Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Office Only, Central Air, Humidity Control, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Restaurant
Style:
N/A
Year Built:
1970
Construction Type:
Block, Cement Siding, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2475 LOÍZA STREET
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