1960 Boriquen, PR

$599,900

1960 Boriquen

San Juan, PR 00915

Active
37
Beds
10
Baths
18,000
Sq Ft
0.15
Acres
1960
Built
$33/sqft360° tour
Multi-Family 5+

Property type

1960

Year built

6,351 sqft

Lot size

$33

Price / sq ft

No HOA

HOA dues

710

Days on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$3,033
Property taxes$550
Home insurance (est.)$275

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history710 days on market

  1. Status: Active
    Apr 27, 2026
  2. Listed$1,000,000
    Mar 28, 2024
  3. Price reduced$599,900

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Multi-Family 5+
Status
Active
Days on market
710
Subdivision
Santurce
County
San Juan
Year built
1960
Living area
18,000 sq ft
Price/sq ft
$33
Lot size
6,351 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Parcel #
041-091-500-05-001
Zoning
SU
MLS #
PR9105466

Interior Details

Bedrooms
37
Flooring
Ceramic Tile
Interior features
High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Other
Laundry
None

Heating & Cooling

Heating
None
Cooling
None

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Owner Financing
Ownership
Fee Simple

Exterior & Construction

Exterior features
Balcony, Other, Sidewalk
Construction materials
Concrete
Roof
Cement
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected

Listing Details

Listing date
2024-03-27
On market date
2024-03-28
Original list price
$1,000,000
MLS area
00915 - San Juan
Listing AOR
Puerto Rico
Status changed
2026-04-27

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

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.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information 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.

Based on information submitted to the MLS GRID as of April 27, 2026 at 1:33 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA