San Juan, PR 00907,905 CALLE LABRA
San Juan, PR 00907,905 CALLE LABRA
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$323,000

$385,000

16.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/12/2023

Key Details

Sold Price $323,000

Property Type Vacant Land

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PR9101029

Sold Date 12/12/23

HOA Y/N No

Originating Board Stellar MLS

Property Sub-Type Other

Property Description

Pre-construction. Introducing a prime investment opportunity in the stylish Santurce district. A 434 SM site on Labra Street ready to become an urban 26-room hotel design that is sure to be the talk of the town. This is your chance to invest in a property that is perfectly positioned to capitalize on the growing art, entertainment, and cultural hub of the capital city. The 5 strory hotel design is modern and sleek, complete with a restaurant, a swanky rooftop terrace amenity level and 26 guestrooms that are conceived to cater to the needs of both business and leisure travelers. An unmatched location with easy access to all the attractions and amenities that the trendy and vibrant Santurce district has to offer. Santurce is a lively neighborhood renowned for its dynamic arts scene, captivating galleries, and thriving cultural events. Just a few minutes away from prime Condado Beach, Old San Juan historic district and Hato Rey business and financial center, this property is in the heart of it all. A unique pre-construction and shovel ready opportunity to invest in a project that is sure to appreciate as the area continues to flourish and develop. Don't miss out on this chance to be part of the exciting growth of the Santurce district. Immerse yourself in the vibrant atmosphere and experience firsthand the allure of this unique district. Purchase includes design and architectural plans, tourism and hospitality tax incentives, potential renewable energy incentives, tax exemptions, construction budget and revenue projection report. A contractor team is ready to build it for you!




26 Rooms | 1 Restaurants | Amenity Terrace
Basement Parking Space

Location

State PR

County San Juan

Zoning ZN

Exterior

Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available

Building

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Others

Ownership Other

Special Listing Condition None

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Stellar MLS
Listed by CORCORAN PUERTO RICO
Bought with CORCORAN PUERTO RICO
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