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1105 MAGDALENA AVENUE UNIT Condal

Commercial For Sale
$320,000

BTC: 5.02354788

ETH: 181.81818182

8 days
0 room(s)

Overview

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. Long-term stability offered 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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1990
Lot:
0.14 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$635,000
$305K – $1.5M
Confidence Low
List vs. estimate
$315K below estimate
List $320,000 · -49.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Cooling

    • Zoned

  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 04003901230001

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Source details

    • MLS ID: PR9122001

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Subdivision Name: SANTURCE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ARK REAL ESTATE