LOÍZA STREET, SAN JUAN, PR, 00913

  • $2,200,000

Overview

  • PR9116974
  • MLS ID

Description

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

Address

  • Address LOÍZA STREET
  • State PR
  • City San Juan

Details

  • Property ID HZPR9116974
  • Price $2,200,000
  • Land Area 7467 Square Feet
  • Property Status Active

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Dianalexia Ortiz

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Listing Provided By:

  • MLS Agent Efrain Gonzalez Carrion
  • MLS Agency PUERTORICOYOURHOME.COM

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