Property description

PublicRemarks:-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
Directions:- Take Expreso Román Baldorioty de Castro (PR-26) toward the airport. Exit onto Calle Marginal Baldorioty, then turn left onto Isla Verde Avenue. Continue and take another left onto Loíza Street — the restaurant will be on your right in about 2 minutes. / Tome el Expreso Román Baldorioty de Castro (PR-26) hacia el aeropuerto. Salga en la Calle Marginal Baldorioty y luego doble a la izquierda hacia la Avenida Isla Verde. Continúe y doble nuevamente a la izquierda hacia la Calle Loíza — el restaurante estará a su derecha en aproximadamente 2 minutos.

Read more