1960 Boriquen Avenue, San Juan

This property is an 18,000 square foot building in the Sagrado \rCorazon area of Santurce, San Juan, Puerto Rico. The Sagrado Corazon \rarea of Santurce is an up and coming area with lots of improvements, \rinvestments, and foot traffic in the area. \r\rThe property consists of 3 floors, each with approximately 6000 \rsquare feet. There are currently 2 operating businesses as tenants on \rthe first floor. One business is a convenience store, restaurant, bar \rwith 2 bathrooms. The other business is a restaurant with 1 bathroom. \rThese businesses occupy approximately 30% of the first floor so there is\r much more potential for more businesses on the first floor alone. A \rlot of space to make your dreams come true.\r\rThe second and third floors are currently set up as apartments that \rdo need repair and remodel work. The second floor has 6 apartments \rtotal, four 4 bedroom 1 bath apartments, one 3 bedroom 1 bath \rapartment, and one 1 bedroom 1 bath apartment. The third floor has 5 \rapartments, three 4 bedroom 1 bath apartments and two 3 bedroom 1 bath \rapartments.\r\rThe second and third floors can be repaired to be section 8 housing, \rlong term rentals, short term rentals. Or, can be completely converted \rto different uses.\r\rThe property is a great investment opportunity in an up and coming \rarea. Potential businesses include, but are not limited to, \rRestaurants, Bars, Nightclubs, Virtual Reality, Laser Tag, Beauty \rSalons, Doctor's offices, Real Estate offices, Dance Studios, Karate \rStudios, Short Term rentals, Long Term rentals, Section 8 housing, \rStorage Rentals, plus many, many more potential businesses. The \ropportunities for this property are endless with a lot of space to make \ryour dreams come true. The property can house pretty much any business \rone can think of. In addition, Sellers are willing to Seller finance \rwith 30% down payment which makes this even more of an attractive \ropportunity.