16
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$320,000
Est. payment /mo
6,421 SqFt
New
1105 MAGDALENA AVE #Condal San Juan, PR 00908
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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 Santurce
MLS Listing ID PR9122001
HOA Y/N No
Year Built 1990
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Restaurant
Source Stellar MLS
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.
Long-term stability offered 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.
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.
Long-term stability offered 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 Santurce
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
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Listed by Leonardo Chamochumbi Lamberti ARK REAL ESTATE
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