2475 LOÍZA STREET

Commercial Sale

$2,200,000

Property ID:

None

Year Built

1970

Lot Size

0.17 Square Feet

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

Additional Details

Flooring: Ceramic Tile
Cooling: A/C - Office Only, Central Air, Humidity Control, Mini-Split Unit(s)
Street Number: 2475
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.
Listing Id: PR9116974
List Office Name: PUERTORICOYOURHOME.COM
List Agent Full Name: Efrain Gonzalez Carrion
Foundation Details: Slab
List Agent MLS Id: 743575429
List Office MLS Id: 74355044
Lot Size Area: 7467
Street Name: LOÍZA STREET
Ceiling Type: Acoustical
Utilities: Electricity Available, Natural Gas Available, Public
Building Features: Bathrooms, Kitchen Facility
Lot Size Square Feet: 7467