1910 Calle Loiza
BEST LOCATION ON CALLE LOIZA!
Building: 8,500 square feet Lot Size: 340 square meters Zoning: C-1 CRIM: $5,227.72 annually
Ground Floor Commercial :: 3,000 square feet / 14'8" ceiling height / Bank vault
2nd Floor Lofts (could be commercial or residential) :: Three spaces / 11' ceiling height / 2 bathrooms each.
3rd Floor Apartments :: Three units all with 2 bedrooms/1 bathroom
ASKING PRICE: $1,395,000
This is a unique opportunity to invest in Calle Loiza - one of the most distinctive 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 - this neighbohood will only become 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, locaion, location! Right on Calle Loiza in the center of everything!
500 meters east of Calle San Jorge/King's Court
500 meteres west of Calle Tapia
500 meters south of Ocean Park Beach
350 meters north of Baldorioty de Castro
STREET LEVEL COMMERCIAL SPACE
Exposure for your business is fantastic with approximately 50 foot frontage on Calle Loiza and 50 foot frontage on Calle Benítez Castaño.
Approximately 3,000 sq ft of open space (formerly a bank).
If you need less space, it can easily be sub-divided into multiple units.
If you need more space, you could open access to the stairway and combine any or all of the loft-style spaces on the 2nd floor.
THREE LOFT SPACES
Three loft style commercial units on the 2nd floor have unique 'balcony frontage' with two 5 foot by 15 foot balconies on the Loiza Street side (not shown or included in square footage on attached plans) and one 5 foot by 75 foot wrap-around balcony on the Calle Benítez Castaño side with great visibility from Calle Loiza.
These could be used as apartments, but imagine a gallery, bar, restaurant or club with balconies overlooking all the action of Calle Loiza. Your customers will love it and there is nothing like people having fun on a balcony to entice customers to come in off the street to check out your business.
There are three 2-bedroom/1-bathroom apartments on the 3rd floor (550 sq ft, 600 sa ft, 700 sq ft.) perfect for AirBnb or long-term rental. Access is from balcony on Calle Loiza side.
FANTASTIC VIEW FROM THE ROOF!
The roof is currently undeveloped, but would be a fantastic location for bar, restaurant, club or lounge with tropical breezes and views in every direction! The potential here is fantastic. Add a railing aound the space, a Tiki Bar, lounge chairs, DJ and start the party!
ALLEY AT BACK OF BUILDING
There is a 30 foot allyway at the back of the building that could serve as parking (end to end) - or as a loading dock, service entrance, or an elevator for access to upper levels/roof.
ASKING PRICE: $1,395,000
DON'T MISS THIS UNIQUE OPPORTUNITY!