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    San Justo San Juan, PR 00901

    For Sale
    $3,000,000

    Business For Sale - San Juan, PR

    Property size:
    2,818 SF
    Lot size:
    12.00 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for San Justo

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Interior features
    Alarm, Bar, Storage Space
    Size
    2,818 SF
    Lot size
    12.00 Acres

    Building Details

    Year built
    1848
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block, Brick, Concrete
    Roof type
    Concrete
    Architectural style
    Other

    BRIDGEPORT (787) 615-7610 [email protected]

    Listing agent Alexander Rivera (787) 615-7610

    Listing date Sep 18, 2025

    MLS# 60970 Listing URL

    Copyright © 2025 Xposure MLS Puerto Rico. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Restaurant Business For Sale

    This commercial property, operating as La Mallorquina, is a historic building dating back to 1848. As one of the oldest restaurants in the Americas, it presents an opportunity to own a piece of Puerto Rico's heritage. The 2,818-square-foot building features an original Spanish colonial design, high ceilings, arched doorways, and classic tile floors. The property includes spacious dining rooms, an interior patio, and a second-floor terrace. It also contains offices, seven bathrooms, a fully equipped kitchen, and a fully equipped liquor bar on both the first floor and the second-floor terrace. The restaurant is equipped with an electric generator and a water cistern for the entire building. The property is located steps from landmarks such as Castillo San Cristóbal, Plaza de Armas, and Paseo de la Princesa. The zoning is C-1.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    San Juan
    County
    San Juan
    State
    Puerto Rico
    Longitude
    -66.115996598464
    Latitude
    18.468075040969

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    FAQs

    What type of property is this?
    Restaurant - Colonial-era restaurant in San Juan, PR, with tax exemption.
    Where is this restaurant located?
    The property is located at San Justo San Juan, PR.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Historic Landmark: Own a piece of history with one of the oldest restaurants in the Americas, dating back to 1848.; - Benefit from the property's tax exemption status.; - Fully Equipped Restaurant: Features spacious dining rooms, interior patio, second-floor terrace, offices, 7 bathrooms, a fully equipped kitchen, and two fully equipped liquor bars.
    (787) 615-7610
    Request Owner's contact information
    San Justo San Juan, PR 00901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    San Justo San Juan, PR 00901
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