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.
- Public Transportation: -
- Neighborhood: -
- Air Quality: -
305 Calle Recinto Sur, San Juan, Puerto Rico