Commercial Sale · Restaurant
1105 MAGDALENA AVENUE UNIT Condal, SAN JUAN, PR, 00908
Active62 days on marketListed Jun 12, 2026MLS #PR9122001
About this property
The property at a glance
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.
6,421
Building sq ft
$50
Price / sq ft
0.14
Lot acres
1990
Year built
1
Building
Restaurant
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,892/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Gianfranco to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
Consumer profile
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Recent sales
What actually sold near 1105 MAGDALENA AVENUE UNIT Condal
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$72,000
133 O'NEILL
Sold Nov 8, 2024
$90,000
5916 AVENIDA ISLA VERDE
Sold Jan 29, 2026
$149,000
1104 ASHFORD AVENUE
Sold Jun 2, 2026
Your team
The pros in your corner
Your agent
Gianfranco Di Flumeri Petrelli
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1105 MAGDALENA AVENUE UNIT Condal — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1105 MAGDALENA AVENUE UNIT Condal.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of ARK REAL ESTATE · Leonardo Chamochumbi Lamberti. MLS #PR9122001.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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