$2,300,000
$2,700,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
8 Baths
7,702 SqFt
SOLD DATE : 08/16/2025
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,702 sqft
Price per Sqft $298
Subdivision Condado
MLS Listing ID PR9110071
Sold Date 08/16/25
Bedrooms 13
HOA Y/N No
Year Built 1970
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
MULTIFUNCTIONAL COMMERCIAL & RESIDENTIAL BUILDING IN CALLE LOIZA
Mixed use building with 10-Units featuring spacious studios, one-bedroom, and two-bedroom —perfect for short-term visitors, long-term stays or boutique hotel with 2,500 of commercial space under construction, designed specifically for tax tourism incentives. Additional rooftop potential for expansion.
Diverse Accommodations: Featuring spacious studios, one-bedroom, and two-bedroom units—perfect for short-term visitors, a boutique hotel or long-term stays.
Commercial Versatility: The ground floor includes flexible and multiple commercial spaces for rental income or business use.
Amenities and Expansion Potential: A large open-air rear patio, already plumbed, provides an ideal setting for events or a potential restaurant. Additionally, the rooftop boasts stunning views of Loíza, the ocean, and the mountains, with structural capacity for a buildout. Imagine creating a rooftop pool, restaurant, or bar to elevate the property's appeal.
Tourism Investment Incentives: Property has conceptual endorsement and is eligible for a tax credits, and more.
Prime Location: Nestled in the heart of Calle Loíza, known for its lively atmosphere, trendy eateries, cultural hotspots, and two blocks from the beach.
Location
State PR
County San Juan
Community Condado
Area 00911 - San Juan
Zoning C-2
Interior
Interior Features Accessibility Features, Ceiling Fans(s), High Ceilings, Ninguno
Heating Electric
Cooling Ductless
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Roof Type Concrete
Garage false
Private Pool No
Building
Entry Level Three Or More
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO
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