Property Attributes
- MLS#PR9105947
- TypeIncome
- CountySAN JUAN
- CitySAN JUAN
- AreaSan Juan
- NeighborhoodVilla Palmeras
- Zip00915
- StyleMulti Family
- Price$ 525,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4704
- Lot Size2,614 SqFt
Data Source:
Stellar MLS
Property Description
One or more photo(s) has been virtually staged. SANTURCE! Urban Investment Opportunity in Prime Mixed-Use Building LOCATION, VERSATILITY & SERIOUS COOL FACTOR. Introducing a newly renovated corner building, strategically situated in the up-and-coming Villa Palmeras neighborhood of Santurce. If you're seeking a savvy investment opportunity with an urban edge, look no further – this is it. Elevated atop one of Villa Palmeras' highest points, the building offers views of North Santurce and the Atlantic Ocean. Its location along Eduardo Conde Avenue places it within the dynamic ZU-G2 mixed-use zoning area, rendering it an ideal canvas for various ventures. From hip hostels to long term residential rentals, the possibilities are as diverse as the community it serves. Its proximity to Universidad del Sagrado Corazon, easy access to LMM International Airport and some of San Juan’s Best Beaches underscore its strategic value and contribute to its allure as a potential hospitality hub. The property itself boasts a two-story structure with an inviting rooftop space, primed for imaginative use. Whether envisioning a tranquil retreat upstairs complemented by a lively café and bar below, or exploring alternative commercial ventures, the layout accommodates diverse business models. Furthermore, its adjacency to the Villa Palmeras Cemetery, steeped in the rich history of the local salsa legends who rest here, lends a unique cultural resonance… infusing the locale with a distinct identity and charm. In summary, for discerning investors seeking a centrally located investment property with a touch of urban flair and plenty of potential, this is your golden opportunity. Explore the possibilities and secure your foothold in Santurce's evolving landscape. Breakdown: 1st Level: Commercial 1 4 half-bath 1,410 sq.ft. Commercial 2 2 half-bath 482 sq.ft. 2nd Level: Unit 1 1 bed – 1 bath 540 sq.ft. Unit 2 2 bed – 1 bath 546 sq.ft. Unit 3 2 bed – 1 bath 438 sq.ft. Unit 4 2 bed – 1 bath 375 sq.ft. Unit 5 2 bed – 1 bath 481 sq.ft. Unit 6 2 bed – 1 bath 432 sq.ft. 3rd Level Open Rooftop 1,855 sq.ft
Price History | |
---|---|
4/25/2024 | Listed $525,000 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | None |
Cooling | None |
Utilities | Other |
Roof | Cement |
Exterior Features | Storage |
Zoning | ZU-G2 |
Construction Materials | Concrete |
Year Built | 1990 |
Levels | Two |
Property SubType | Multi Family |
Percent Ownership | Fee Simple |
County | San Juan |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | VILLA PALMERAS |
Garage Y/N | No |
Status | Active |
Directions | From LMM Airport,take PR 26 west,enter Marginal Baldorioty de Castro,and turn left at Calle Tapia. Continue straight until you reach Avenida Eduardo Conde. Take a left and continue until you reach th |
City | SAN JUAN |
Buyer Agent Compensation | 3% |
Total Units | 8 |
MLS Area | 00915 - San Juan |
Lot Size Square Feet | 2885 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Eduardo Conde |
Public Remarks | One or more photo(s) has been virtually staged. SANTURCE! Urban Investment Opportunity in Prime Mixed-Use Building LOCATION,VERSATILITY & SERIOUS COOL FACTOR. Introducing a newly renovated |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/PR9105947 |
Days on Market | 12 |
Standard Status | Active |
Water View | Beach |
Water Access Y/N | No |
Water View Y/N | Yes |
Interior Features
Air Conditioning Y/N | No |
---|---|
Heating Y/N | No |
Fireplace Y/N | No |
Laundry Features | None |
LivingAreaSource | Appraiser |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 2885 |
Foundation Details | Concrete Perimeter |
Number of Buildings | 1 |
Building Area Total | 5034 |
Lot Size Acres | 0.06 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
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