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For sale
Conventional restaurants
PR
San Juan
00913
2475 CALLE LOIZA SAN JUAN 00913

Restaurant Property in Punta Las Marías

2475 CALLE LOIZA, San Juan, PR 00913

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For Sale

$1,750,000

Commercial property with restaurant, two kitchens, and parking.

Type:Commercial/Industrial

Property size:

7,467 SF

Lot size:

0.36 Acres

Price / SF:

$234/SF

HighLights

Priced below recent appraisal value, offering immediate equity.
7,467 sq. ft. building on 0.36 acres across two lots in the thriving Punta Las Marías area.
Zoned CT‑1, suitable for various business uses.
Includes two fully equipped kitchens, ideal for restaurant use or conversion.
Ample parking with a 260‑square‑meter lot and 20 spaces.
Renovation schematics included for future updates.

We can help!

Listing Contact

Rogelio Fernandez

Learn more

For Sale

$1,750,000

Commercial property with restaurant, two kitchens, and parking.

Type:Commercial/Industrial

Property size:

7,467 SF

Lot size:

0.36 Acres

Price / SF:

$234/SF

Added:: Nov 19, 2024
Days on Market:: 572
Last Refresh:: May 20 at 1:32 am

Property Features for 2475 CALLE LOIZA

General Information

Standard status: Active
Size: 7,467 SF
Lot size: 0.36 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1964

We can help!

Listing Contact

Rogelio Fernandez

Listing agent Rogelio Fernandez License #3673

Listing office ARK REAL ESTATE

Listing date Nov 19, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of ARK REAL ESTATE

HighLights

Priced below recent appraisal value, offering immediate equity.
7,467 sq. ft. building on 0.36 acres across two lots in the thriving Punta Las Marías area.
Zoned CT‑1, suitable for various business uses.
Includes two fully equipped kitchens, ideal for restaurant use or conversion.
Ample parking with a 260‑square‑meter lot and 20 spaces.
Renovation schematics included for future updates.

Overview

This commercial property, situated in the Punta Las Marías area, spans 0.36 acres across two lots and includes a 7,467 sq. ft. building. The property is zoned CT-1, making it suitable for various business uses. Currently operating as a restaurant, it features two fully equipped kitchens. The property also includes a 260-square-meter parking lot with 20 spaces. Renovation schematics are available for future updates. The property is located in flood zone AO.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

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 7.31%

Second Best

—

no second resolved use

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Conventional restaurants

Map

City: San Juan
County: San Juan
State: PR
Longitude: -66.1061
Latitude: 18.4683

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For sale
Conventional restaurants
PR
San Juan
00913
2475 CALLE LOIZA SAN JUAN 00913

What type of property is this?

Conventional restaurant - Commercial property with restaurant, two kitchens, and parking.

Where is this conventional restaurant located?

The property is located at 2475 CALLE LOIZA San Juan, PR.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Priced below recent appraisal value, offering immediate equity.; **7,467 sq. ft. building on 0.36 acres** across two lots in the thriving Punta Las Marías area.; Zoned CT‑1, suitable for various business uses.