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1960 Boriquen,  San Juan PR, 00915

(Active)
$1,000,000
|
18,000 sqft
|
MLS# PR9105466
Last Updated: 5/20/2024 1:25 PM
Description for 1960 Boriquen San Juan, PR 00915
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.
Price
$1,000,000
SANTURCE
San Juan
18,000 (approx)
PR9105466
Active
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.
Listing Information
Property Type: Multi-Family, Other
0.15 Acres 18,000 (approx) 1960
Other
SANTURCE
Slab
Public
Public Sewer
Electricity Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
None
Interior Features
Ceramic Tile
None
Other, None
High Ceilings, Open Floorplan, Other
Exterior / Lot Features
Other
City
SU
Fixer
Balcony, Other, Near Public Transit
Driving Directions
From the intersection of Interstate 22 and Fernando Juncos Avenue (route 35) proceed South on Fernando Juncos. At Boriquen Avenue (route 36) make a left turn. The property is 1.5 blocks on the right at the address 1960 Boriquen Avenue.
Financial Considerations
041-091-500-05-001
Listing Price History

San Juan Real Estate

San Juan is located in Puerto Rico.

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Courtesy: MICHAEL MCCARTY


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/20/2024 1:25 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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