1960 Boriquen, SAN JUAN, PR

$1,000,000

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18,000

Square feet

0.15

Acres

About 1960 Boriquen

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.

Features of 1960 Boriquen

MLS® # PR9105466
Price $1,000,000
Bathrooms 0.00
Square Footage 18,000
Acres 0.15
Year Built 1960
Type Residential Income
Sub-Type Multi-Family
Status Active

Community Information

Address 1960 Boriquen
Area San Juan
Subdivision SANTURCE
City SAN JUAN
County San Juan
State PR
Zip Code 00915

Amenities

View City
Is Waterfront No
Has Pool No

Interior

Interior Features High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Other
Heating None
Cooling None
Fireplace No

Exterior

Exterior Features Balcony, Other, Sidewalk
Lot Description City Limits, Near Public Transit, Sidewalk
Roof Cement
Foundation Slab

Additional Information

Date Listed March 28th, 2024
Days on Market 118
Zoning SU
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMICHAEL MCCARTY

Listing Map

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