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409 San Jorge

SAN JUAN, PR 00912
  • $890,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: PR9109758
UPDATED: 22 min ago
$890,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Premium Commercial Property for Sale or Development in Santurce, Puerto Rico Address: 409 Calle San Jorge, Santurce, PR Property Overview: Building Size: 4,251 sq. ft. spread across two floors, plus additional square footage contained in 2 private terraces Lot Size: 650 sq. meters Parking: 13 dedicated spaces Equipment: Two generators and 2 water cisterns of 600 gallons each Location: Prime position in the thriving Santurce business district Investment Highlights: This versatile commercial property offers a unique opportunity for real estate investors. The existing structure can be utilized as office space, ideally suited for professional services, tech companies, or creative industries. Additionally, the property presents substantial redevelopment potential with the option to convert it into a 7-unit guest house with several private terraces, capitalizing on the growing demand for boutique accommodations in Puerto Rico's vibrant tourism market. With two terraces (12' x 14' and 8' x 23'), one balcony and the possibility of adding two additional terraces, 5 of the 7 units in a conversion strategy could have private outdoor space. Strategic Advantages: Prime Location: Situated in the bustling Santurce area, surrounded by businesses, restaurants, and cultural attractions. Flexible Use: Can be leased as office space or reimagined as a hospitality venture. Puerto Rico Act 60 Tax Incentives: Eligible for significant tax benefits, including exemptions and tax credits under the Puerto Rico Act 60 program, designed to encourage investment and economic growth on the island. Investor Appeal: With its central location, flexible usage options, and eligibility for Act 60 tax incentives, this property is well-positioned for investors looking to maximize returns, either through long-term leasing or redevelopment into a tourism project. Contact Us Today for detailed financial projections, additional property information, or to schedule a private tour.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-17T09:46:52.087.
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409 San Jorge SAN JUAN, PR 00912

  • Price: $890,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 22 min ago
  • MLS #: PR9109758
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1900
Built
Neighborhood:
San Juan
County:
San Juan
Area:
San Juan
Property Description
Premium Commercial Property for Sale or Development in Santurce, Puerto Rico Address: 409 Calle San Jorge, Santurce, PR Property Overview: Building Size: 4,251 sq. ft. spread across two floors, plus additional square footage contained in 2 private terraces Lot Size: 650 sq. meters Parking: 13 dedicated spaces Equipment: Two generators and 2 water cisterns of 600 gallons each Location: Prime position in the thriving Santurce business district Investment Highlights: This versatile commercial property offers a unique opportunity for real estate investors. The existing structure can be utilized as office space, ideally suited for professional services, tech companies, or creative industries. Additionally, the property presents substantial redevelopment potential with the option to convert it into a 7-unit guest house with several private terraces, capitalizing on the growing demand for boutique accommodations in Puerto Rico's vibrant tourism market. With two terraces (12' x 14' and 8' x 23'), one balcony and the possibility of adding two additional terraces, 5 of the 7 units in a conversion strategy could have private outdoor space. Strategic Advantages: Prime Location: Situated in the bustling Santurce area, surrounded by businesses, restaurants, and cultural attractions. Flexible Use: Can be leased as office space or reimagined as a hospitality venture. Puerto Rico Act 60 Tax Incentives: Eligible for significant tax benefits, including exemptions and tax credits under the Puerto Rico Act 60 program, designed to encourage investment and economic growth on the island. Investor Appeal: With its central location, flexible usage options, and eligibility for Act 60 tax incentives, this property is well-positioned for investors looking to maximize returns, either through long-term leasing or redevelopment into a tourism project. Contact Us Today for detailed financial projections, additional property information, or to schedule a private tour.
Exterior Features

Construction Materials Concrete Foundation Details Concrete Perimeter Road Frontage Type City StreetState Road Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 4251 Cooling Mini-Split Unit(s) Cooling YN Yes Sewer Public Sewer Water Source Public

Property Features

Flood Zone Code X New Construction Yn No Ownership Sole Proprietor Property Sub Type Mixed Use Special Listing Conditions None Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailableOtherPublicWater Connected


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of UPSIDE MANAGEMENT, LLC: 787-725-3191.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-17T09:46:52.087.
 
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