Monday - Saturday
2060 Calle Loiza
Gateway to Loiza Street + Ocean Park Beach
2060 Calle Loiza, San Juan, PR, 00911 USA
GPS: 18.449848, -66.051766 Click here to view Google Maps
Building: 7,579 square feet Lot Size: 210 square meters Zoning: C-2 Flood Zone: X CRIM: $5,000 annually
Ground Floor Commercial: 1,650 square feet (could be divided into two stores) + 4 parking spaces.
3rd Floor: One renovated 2-bedroom/1 bathroom apartments used as AirBnb short-term rental units.
One non-renovated 2-bedroom/1 bathroom apartment rented long-term ($500/month + utilities)
AirBnb Listing: Apartment 3A
Apartments are approximately 900 square feet each. Two apartments with views of ocean (3B + 4B).
Rooftop: Approx. 1,800 square feet with ocean + park + mountain views = POTENTIAL!
Walk-up: There is no elevator in the building
ASKING PRICE: $ 985,000
This is a unique opportunity to invest in Calle Loiza,
one of the most famous neighborhoods in the Caribbean.
Are you an investor or business looking to tap into Calle Loiza's growing reputation as the center of San Juan's hip, artistic community that attracts both locals and tourists to its eclectic vibe just a few blocks from the best beach in San Juan?
Bordered by the upscale neighborhoods of Condado, Ocean Park and Santa Teresita - Calle Loiza will become even more attractive as Condado becomes fully built and high-rise development is not allowed within the gated community of Ocean Park or Parque Barbosa.
Location, location, location! At the eastern end of Loiza Street's eclectic mix of restaurants, bars, clubs, boutiques, tattoo parlors, salons, traditional neighborhood shops, cafés, galleries and the famous Kasalta Bakery. The building is a short 5 minute walk to the surf, sand, sun and fun on Ocean Park/Ultimo Trolley Beach - the best beach in San Juan! On the way, you'll pass Barbosa Park with running track, skate boards and ball park.
If you're looking for a great investmente opportunity, this may be the right building for you!
Directly across from Parroquia Santa Teresita - Catholic School & Church
Directly across from NEW 24 hour Los Pinos Restaurant - famous for local cuisine!
Directly across from bus stop T5 to Airport or Old San Juan
5 minute walk to Ocean Park Beach / Ultimo Trolley Beach / Parque Barbosa
This end of Calle Loiza is developing rapidly and has excellent prospects for future appreciation!
STREET LEVEL COMMERCIAL SPACE + 4 Parking Slots
Exposure for your business is fantastic with approximately 30 foot frontage on Calle Loiza. 1,650 square feet. Two bathrooms. 4 parking spaces. This space could be divided into two commercial units.
Five AirBnb Rentals
Successful Airbnb rentals in renovated two bedroom/1 bathroom apartments - each approximately 900 square feet.
The building and AirBnb apartments were featured in an official Discover Puerto Rico video promoting AirBnb, Calle Loiza and Ocean Park Beach to promote tourism on Calle Loiza and show how short term rentals have transformed the area.
Current nightly rates are 20-50% less than similar two-bedroom AirBnb listings on Calle Loiza. Current owners have chosen to price low to test the market, acquire great reviews and maximize occupancy. Now that the property has proven successful - they are ready to increase prices, optimize inventory/seasonal revenue and explore additional distribution channels to increase profits. Successful hostel next door increases visibility and helps attract guests to the area - but does not compete since they do not offer apartments.
One long-term rental
Apartment 3B has not been renovated yet - but has the same 2 bedroom/1 bathroom layout as the other B-line units. Currently rented long-term for $500/month plus utilities, this apartment is ready to be converted to another Airbnb rental or could be an owner/manager suite. `
FANTASTIC VIEW FROM THE ROOF!
The roof is currently undeveloped other than a hang-out for AirBnb guests with seating and view to the park and ocean.
The potential is HUGE! It has a fantastic view of the ocean, park, mountains and urban skyline.
Imagine a chic urban lounge / tiki bar / BBQ / jacuzzi spa which could be shared space for all AirBnb units - acting as an ocean-view extension of each apartment and result in higher Airbnb rates/occupancy for all units.
Imagine a penthouse suite which could be designed for AirBnb PLUS and premium AirBnb rates/occupancy.
Imagine your own duplex 'owners suite' or apartment for the Calle Loiza lifestyle!
ASKING PRICE: $ 985,000
DON'T MISS THIS UNIQUE OPPORTUNITY!
Call Today for Information: 787-455-4216
Our office is located in San Juan's SANTURCE Arts District near Ciudadela, Lote 23 & Cobian's Plaza.
Office hours are Monday - Saturday from 9am - 7pm. (by appointment only).