Residential Income for Sale: 1960 BORIQUEN, SAN JUAN, PR 00915

$1,000,000
$1,000,000
1960 BORIQUEN, SAN JUAN, PR 00915
$1,000,000
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Price:
$1,000,000

Type Residential Income
Total Living Area 18,000 sqft
Lot Size 0.15 acres
Year Built 1960

City SAN JUAN
Area 00915 - San Juan
County San Juan
Subdivision SANTURCE

MLS PR9105466
Status Active
DOM 276 days
This property is an 18,000 square foot building in the Sagrado Corazon area of Santurce, San Juan, Puerto Rico. The Sagrado Corazon area of Santurce is an up and coming area with lots of improvements, investments, and foot traffic in the area. The property consists of 3 floors, each with approximately 6000 square feet. There are currently 2 operating businesses as tenants on the first floor. One business is a convenience store, restaurant, bar with 2 bathrooms. The other business is a restaurant with 1 bathroom. These businesses occupy approximately 30% of the first floor so there is much more potential for more businesses on the first floor alone. The second and third floors are currently set up as apartments that do need repair and remodel work. The second floor has 6 apartments total, four 4 bedroom 1 bath apartments, one 3 bedroom 1 bath apartment, and one 1 bedroom 1 bath apartment. The third floor has 5 apartments, three 4 bedroom 1 bath apartments and two 3 bedroom 1 bath apartments. The second and third floors can be repaired to be Plan 8 housing, long term rentals, short term rentals. Or, can be completely converted to different uses. The property is a great investment opportunity in an up and coming area. Potential businesses include, but are not limited to, Restaurants, Bars, Nightclubs, Virtual Reality, Laser Tag, Beauty Salons, Doctor's offices, Real Estate offices, Dance Studios, Karate Studios, Short Term rentals, Long Term rentals, Plan 8 housing, Storage Rentals, plus many, many more potential businesses. The opportunities for this property are endless with a lot of space to make your dreams come true. The property can house pretty much any business one can think of. A Buyer could also obtain tax credits for tourism development or long term housing development via Act 128. In addition, Sellers are willing to SELLER FINANCE which makes this even more of an attractive opportunity.

Virtual Tours for 1960 BORIQUEN SAN JUAN, PR

Lot & Building Features

Construction Concrete
Cooling None
Heating None
Interior Decor High Ceilings, Other, Open Floorplan, Living Room/Dining Room Combo
Sewer Public Sewer
Water Public

Price History of 1960 BORIQUEN, SAN JUAN, PR

Date Name Price Difference
12/31/1969 Listing Price $1,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1960 BORIQUEN, SAN JUAN, PR

Location Map Street View
Photo of Megan Kesky
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by MICHAEL MCCARTY, Michael McCarty
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1960 BORIQUEN (MLS #PR9105466) is a residential income listing located in SAN JUAN, PR. This is a residential income listing with a lot of 6,534 sqft (or 0.15 acres). This property was listed on 09/20/2024 and has been priced for sale at $1,000,000.

Nearby zip codes are 00907, 00909, 00912, 00917 and 00918. This property neighbors other cities such as Barrio Obrero, Carolina, Condado, Hato Rey and Santurce.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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

Listing information courtesy of: MICHAEL MCCARTY