
$320,000
1105 Magdalena Avenue
San Juan, PR 00908
Listing updated: June 12, 2026 at 6:53 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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. The current lease extends through March 2028, with renewal options available, offering long-term stability 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 12, 2026
- Listed$320,000Jun 12, 2026
- Price increased$320,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Restaurant
- Status
- Active
- Days on market
- 0
- Subdivision
- Santurce
- County
- San Juan
- Year built
- 1990
- Price/sq ft
- $50
- Building area
- 6,421 sq ft (Public Records)
- Lot size
- 6,421 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Parcel #
- 040-039-012-30-001
- MLS #
- PR9122001
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Heating & Cooling
- Cooling
- Zoned
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Concrete
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2026-06-10
- On market date
- 2026-06-12
- Original list price
- $320,000
- MLS area
- 00908 - San Juan
- Listing AOR
- Puerto Rico
- Status changed
- 2026-06-12
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Luis Munoz Marin International Airport Airport Rd, Carolina, 00979 Get on Expreso Román Baldorioty de Castro/PR-26 from Marginal Aeropuerto and Exit 11B 3 min (2.0 km) Follow Expreso Román Baldorioty de Castro/PR-26 to Calle Marginal/Marginal Baldorioty de Castro in Santurce, San Juan. Take exit 1A from Expreso Román Baldorioty de Castro/PR-26 4 min (5.4 km) Take Caribe St and Av. Ashford to Magdalena Ave 5 min (900 m) 1104 Magdalena Ave San Juan, 00907
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 12, 2026 at 6:53 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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