$599,900
1960 Boriquen
San Juan, PR 00915
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveApr 27, 2026
- Listed$1,000,000Mar 28, 2024
- 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-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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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.
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