Renovated Restaurant Building For Sale

2475 LOÍZA STREET San Juan 00913

Claim this Listing
For Sale
$2,200,000

Restaurant - SAN JUAN, PR

Property size:
7,467 SF
Lot size:
0.17 Acres
Price / SF:
$294/SF
Added:
Nov 12, 2025
Days on Market:
242
Last Refresh:
Jul 12 at 1:06 am

Property Features for 2475 LOÍZA STREET

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CT-1
Standard status
Active
APN
041-054-176-04-001
Size
7,467 SF
Lot size
0.17 Acres

Utilities

Cooling system
Central Air, Ductless, Humidity Control, Multi Units

Building Details

Year built
1970
Flooring type
Tile, Tile - Ceramic
Building materials
Block, Cement Siding, Concrete
Roof type
Concrete
Architectural style
Other

Listing agent Efrain Gonzalez Carrion License #7912

Listing office PUERTORICOYOURHOME.COM Executive Building Suite 605-B, San Juan

Listing date Nov 12, 2025

MLS# PR9116974 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in Punta Las Marías, San Juan, this commercial property features a renovated, one-story Class B restaurant building. The property is situated on Loíza Street, a high-traffic corridor, and is near Isla Verde, Ocean Park, and the beach. The building has 7,467 square feet of space with modern finishes, high ceilings, and glass façades. It includes on-site parking for approximately 20 vehicles, including handicap spaces. The property is zoned CT-1 "Comercial Turístico," which allows for multiple hospitality uses. The property is currently occupied by The Little Gringo, LLC, operating under a 20-year NNN lease at $18,000 per month. The lot size is 1,429.08 square meters (0.36 cuerdas). The location provides high visibility and steady traffic from both locals and tourists. The property presents an investment opportunity with potential for future appreciation.

Key Highlights

  • Long‑term (20‑year) NNN lease in place with established tenant (The Little Gringo, LLC) generating $18,000/month ($216,000 annually).
  • Prime location on Loíza Street in Punta Las Marías, a high‑traffic tourist corridor.
  • Recently renovated 7,467 sq. ft. Class B restaurant building with modern finishes and high ceilings.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $179.2k $24.00
− Vacancy −$8.6k −$1.15
EGI $170.6k $22.85
− OpEx −$42.7k −$5.71
NOI $128.0k $17.14
7,467 SF · lease $24.00/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $127,955 @ 7.0% cap · market cap 5.82%
Second Best
Retail
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,424 @ 7.0% cap · market cap 5.43%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Restaurants

FAQs

What type of property is this?
Restaurant - 7,467 sq ft restaurant with 20-year lease in San Juan.
Where is this restaurant located?
The property is located at 2475 LOÍZA STREET San Juan.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Long‑term (20‑year) NNN lease in place with established tenant (The Little Gringo, LLC) generating $18,000/month ($216,000 annually).; Prime location on Loíza Street in Punta Las Marías, a high‑traffic tourist corridor.; Recently renovated 7,467 sq. ft. Class B restaurant building with modern finishes and high ceilings.
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More about this property
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