For Sale or For Lease : Commercial Building 305 Recinto Sur, Old San Juan
305 Calle Recinto Sur, San Juan, Puerto Rico

$1,800,000· Retail/Commercial (Sold)
sold

Description: Recinto Street in the Old City is across the Street of the  mayor parkings buildings and has an aglomeration of restaurants and bars with outdoor sitting that gives an European style of living. The Municipality of San Juan gives the benefits of tax exemptions to owners for rents received and tax cred- its for properties improvements’ based on the Cultural and Historic Conservation requirements.

This building has the advantage of having an easy front access for trucks loading and unloading, valet parking and messengers. Across the Street three multilevel parkings (Covadonga, Galeria Paseo and Dona Fela)

Current Income: Ground Floor: $5,500 monthly rent gross for 3 years, additional term 3 years $6,500 and 4 years $7,500 a month

Second Floor: Potential Income (vacant) $2,000 monthly rent gross Apartment unit, office use.

Additional details

  • Public Transportation: -
  • Neighborhood: -
  • Air Quality: -

Location

305 Calle Recinto Sur, San Juan, Puerto Rico

Mercy Zayas

Value Added Commercial Real Estate Services, PSC PR

+1 (787) 448-6300
+1 (787) 448-6300

Mercy Zayas has been active as a commercial real estate broker for over ten years. She has worked with commercial, retail and industrial real estate firms national and international such as Chesterton Blumenauer Binswanger, Binswanger Puerto Rico, Cushman & Wakefield,..

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