For Sale

1960 Boriquen Avenue San Juan, Puerto Rico 00915

$1,000,000
12 more
1960 BORIQUEN AVENUE, San Juan, Puerto Rico 00915

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

0 Bedrooms
0 Bathrooms
0 Sqft
Property Description

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. A lot of space to make your dreams come true.

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. In addition, Sellers are willing to Seller finance with 30% down payment which makes this even more of an attractive opportunity.

Basic Details
Active
Commercial Sale
Mixed Use
For Sale
PR9105388
$1,000,000
0
0
0
0 Sqft
1960
0.15 Acre
$0
Address Map
US
PR
San Juan
San Juan
00915
BORIQUEN
1960
AVENUE
0
BARRIO OBRERO
W67° 56' 51.2''
N18° 26' 12.3''
Additional Info
MICHAEL MCCARTY
Michael McCarty
$0
$0
Courtesy of Michael McCarty with MICHAEL MCCARTY
Phone: 787.640.2546
Listing ID #PR9105388
Contact Agent

Ilia Martinez

Ilia Martinez

787.640.2546

ilia@iliamarhomes.com

C-10664

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