2475 LOÍZA STREET, San Juan, PR 00913
2475 LOÍZA STREET, San Juan, PR 00913
2475 LOÍZA STREET, San Juan, PR 00913
2475 LOÍZA STREET, San Juan, PR 00913
2475 LOÍZA STREET, San Juan, PR 00913
2475 LOÍZA STREET, San Juan, PR 00913
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$ 2,200,000
Est. payment | /mo

7,467 SqFt


$ 2,200,000
Est. payment | /mo

7,467 SqFt

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 7,467 sqft

Price per Sqft $294

MLS Listing ID PR9116974

HOA Y/N No

Year Built 1970

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Restaurant

Source Stellar MLS

Property 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

Location

State PR

County San Juan

Area 00913 - San Juan

Zoning CT-1

Interior

Cooling Office Only, Central Air, Humidity Control, Mini-Split Unit(s)

Flooring Ceramic Tile

Exterior

Utilities Available Electricity Available, Natural Gas Available, Public

View Y/N No

Water Access No

Roof Type Cement,Concrete

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Cement Siding,Concrete

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9116974

Stellar MLS
Listed by Efrain Gonzalez Carrion PUERTORICOYOURHOME.COM

NEARBY SCHOOLS & PROPERTIES

Josh Cotton

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

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2475 LOÍZA STREET