Condado Investment: Three Converted Residential Lofts in Prime Location
This is a versatile investment opportunity in the highly desirable Condado area, featuring three former commercial units successfully converted into stylish residential lofts. Located right in the heart of Condado on Delcalse Street, with easy access to Ashford Avenue, the property benefits from a tourist area with high visibility and heavy pedestrian traffic.
Residential Loft Details
The property offers strong rental income potential with three unique loft-style units:
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Unit #1: $950 \text{ sq. ft.}$ | Open space, 2 Bedrooms, 2 Bathrooms.
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Unit #2: $819 \text{ sq. ft.}$ | Open space, 2 Bedrooms, 1 Bathroom.
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Unit #3: $880 \text{ sq. ft.}$ | Open space, 2 Bedrooms, 2 Bathrooms.
The location is steps away from important 4-star-plus hotels, popular landmarks, and top-rated restaurants. The property’s zoning allows for both commercial and residential use, offering maximum investment versatility.
Important Note: Only commercial loans are acceptable for the acquisition of this property.