1 of 19

1960 Boriquen

San Juan, PR 00915

– beds
– baths
18,000 sqft
6,351 sqft lot
$55 per sqft
1960 build
– on site

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.

Listing courtesy of STELLAR_MLS / MICHAEL MCCARTY

Last checked: Checking… • Last updated Dec 18, 2024 •

MLS# PR9105466 —

The Building

Year Built:

1960
New Construction:

false
Construction Materials:

Concrete
Roof:

Cement
Foundation Details:

Slab
# of Buildings:

1
Building Area Total:

18000
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Interior Features:

High Ceilings
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

18000
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

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.
Latitude:

18.43778
Longitude:

-66.058829
Coordinates:

-66.058829, 18.43778

The Property

Parcel Number:

04109150005001
Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Fixer
Lot Features:

City Lot
Lot Size Acres:

0.15
Lot Size Area:

6351
Lot Size SqFt:

6351
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

SU
View:

City
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=nXYR4bNSQb6
Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

None
Cooling:

false

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

None

The Community

Subdivision Name:

SANTURCE
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

14

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Max Internet Speed

Optico Fiber

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/28/24 Mar 28, 2024	Listed / Active	STELLAR_MLS	$1,000,000

Multifamily For Sale

$1,000,000

Listing provided by broker:

Michael McCarty

MICHAEL MCCARTY

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This multifamily located in Santurce, San Juan, PR 00915 is currently for sale for $1,000,000. 1960 Boriquen is a 18,000 square foot multifamily with – beds and – baths that has been on Estately for 268 days. 1960 Boriquen is in the Santurce neighborhood of San Juan and has a WalkScore® of 75, making it very walkable.

Listing Courtesy of: STELLAR_MLS and MICHAEL MCCARTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.