1960 Boriquen San Juan, PR 00915

Located in the Sagrado Corazon area of Santurce, San Juan, Puerto Rico, this 18,000 square foot building offers a mixed-use investment opportunity. The property consists of three floors, each approximately 6,000 square feet. The first floor currently houses two operating businesses: a convenience store, restaurant, and bar with two bathrooms, and a separate restaurant with one bathroom. These businesses occupy approximately 30% of the first floor, leaving significant potential for additional commercial ventures. The second floor features six apartments, including four 4-bedroom, 1-bath units, one 3-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. The third floor contains five apartments, with three 4-bedroom, 1-bath units and two 3-bedroom, 1-bath units. The apartments on the second and third floors require repair and remodeling. These upper floors could be renovated for Plan 8 housing, long-term rentals, or short-term rentals, or be converted to alternative uses. The property is situated on a 0.15-acre lot and is zoned SU. Potential business uses include restaurants, bars, nightclubs, virtual reality arcades, laser tag facilities, beauty salons, doctor's offices, real estate offices, dance studios, karate studios, short-term rentals, long-term rentals, Plan 8 housing, and storage rentals. The sellers are willing to consider seller financing. The Sagrado Corazon area is experiencing improvements, investments, and increased foot traffic.