Fixer Upper - Seller Financing
Address
1960 Boriquen AVENUE, SAN JUAN, PR
Price
$ 1,000,000
Property Attributes
  • MLS#PR9105388
  • TypeCommercial
  • CountySAN JUAN
  • CitySAN JUAN
  • AreaSan Juan
  • Zip00915
  • StyleMixed Use
  • Price$ 1,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18000
  • Lot Size6,534 SqFt
Data Source:
Stellar MLS
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.

Price History
3/25/2024 Listed $1,000,000

General Features

Sewer Public Sewer
Cooling None
Utilities Electricity Available,Public
Construction Materials Concrete
Year Built 1960
Levels Three Or More
Property SubType Mixed Use
Percent Ownership Corporation
County San Juan
New Construction No
Property Type Commercial Sale
Building Features Bathrooms
Status Active
Directions From the intersection of Interstate 22 and Fernando Juncos Avenue (route 35) proceed South on Fernando Juncos towards. At Boriquen Avenue (route 36) make a left turn. The property is 1.5 blocks on
City SAN JUAN
Buyer Agent Compensation 2
MLS Area 00915 - San Juan
Lot Size Square Feet 6351
Waterfront Y/N No
Street Name Boriquen
Listing Terms Owner May Carry
Property Condition Fixer
Public Remarks 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,i
Virtual Tour https://my.matterport.com/show/?m=nXYR4bNSQb6
Days on Market 14
Standard Status Active
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N No
Street Suffix AVENUE
Living Area Units Square Feet

Exterior Features

Lot Features Central Business District,Fire Hydrant,City Lot
Water Source Public
Lot Size Area 6351
Foundation Details Slab
Number of Buildings 1
Building Area Total 18000
Lot Size Acres 0.15
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 00915

Price
AVG $620K
$1M
Visits
AVG 30
30
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960

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