Plans for expansion to luxury condos.
Plannd Luxury Conversion
Proposed Development

Development Opportunity - Santurce Luxury Condos

Prime location where Miramar meets the La Cerra Mural District

606 Calle Cerra, Santurce

Purchase price of existing 2-story commercial building includes architect's plans to convert to four-story luxury apartments with option for additional floors.

Review the architect's plans for the conversion and scroll down the page for details of the existing  building.

The following plans are for conversion to four full-floor luxury apartments - but could be expanded for additional floors and/or reconfigured for additional units.

Perfect for condo conversion, long term rental or especially for Airbnb/short-term rentals.

Call Richard at 787-455-4216 to schedule a showing!

Price: $1,200,000   Proof of funds/pre-qualification required/co-brokers welcome!

 

Proposed Ground Floor
Proposed 2nd & 3rd Floors
Proposed 4th Floor
Proposed Roof

Best Location in San Juan's Hottest Emerging Neighborhood!

San Juan is a city of unique and interesting neighborhoods and LA CERRA is the the center of Millennial/Gen Z nightlife, art, culture, cuisine and hipness - but just around the corner from the historic, upscale, Miramar neighborhood.

LA CERRA is San Juan's funky, colorful mural district that stretches from upscale Ponce de Leon Avenue to Calle Las Palmas which housed the industrial train yards a hundred years ago. Still a little 'rough around the edges' - there is a lot of renovation - you'll find new and exciting changes every time you visit from new noodle bars to luxury apartments.

Often referred to as an early version of New York's Soho/Tribeca, Miami's Wynwood Walls, London's Shoreditch or Barcelona's El Raval - LA CERRA s a quiet commercial/residential area with great murals by day and a magical, hip, cosmopolitan party after dark.  

Now is the time to invest as awareness increases and demand grows for prime LA CERRA locations. 

This property is directly on Calle Cerra in the best location - less than 100 steps from Ponce de Leon Avenue, upscale Miramar neighborhood and the Puerto Rico Conservatory of Music at the gateway to LA CERRA

This block has the highest concentration of new restaurants, bars, boutiques and galleries where early investors have already completed renovation/conversion projects.

This property is perfect for your business and/or conversion to apartments!

Call Richard at 787-455-4216 to schedule a showing!

Price: $1,200,000  Proof of funds/pre-qualification required/co-brokers welcome!

606 Calle Cerra (Existing Building)

Building: 5,700.67 square feet (3,170.12 ground floor / 2,530.55 second floor)

Lot:  337.91 square meters (3,637.91 square feet)

Zoning: ZU-G2 (mixed used residential/commercial)

Flood Zone C: (no need for flood insurance)

CRIM: $4,534 per year  (Payments of $2,267 in January & July)

Insurance: $2,925 per year (building)

Electric: Average $ 2,000/month includes industrial kitchen/catering business.

Water: Average $    500/month includes industrial kitchen/catering business.

Parking: 3 spaces

Price: $1,200,000 (includes architect's plans for expansion to luxury apartments)

Plans of Building As Currently Built (two floors plus roof

Ground Floor Plans (existing)
2nd Floor Plans (existing)
Roof Plans (existing)

Photos of Existing Building

If you need a broker in San Juan, PR - call 787-455-4216

Our real estate broker 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).

See our listing in gayellowpages.com