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Rented Commercial Property Assets for Sale in San Juan, Puerto Rico

Realtor selling 2 commercial buildings in San Juan with nursing home and potential growth opportunity.

Ownership Duration 40-50 year(s)
Industries Rented Commercial Properties
Locations  San Juan
Local Time 4:38 PM America / Chicago
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 2.1 million (Native Currency: USD 2,100,000)
Reason: - Owner wants to retire due to their age. - Business is listed by an advisor and they will not char... View More
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Assets Description
- 2 income generating commercial buildings for sale in Hato Rey, San Juan.
- Recent appraisal for both buildings alone, not including business (nursing home and publishing) is USD 2.1 million. Both buildings are two stories. They both have elevators and are connected to each other.
- Building 1: 8,700 p/c - It has a nursing home with 24 beds. The operation of the home, equipment, etc. is included in the sale. The permits are valid but the buyer would have to transfer them to his name.
- Building 2: 6,700 p/c - Space where the book publisher is currently located (book publisher will vacate the building as soon as the building is under contract). It has offices and warehouse space. As both buildings are connected they can be used to expand the operations of the nursing home. At least 13 rooms can be added to the upstairs warehouse and several more rooms on the ground floor are currently used as an office, warehouse, printing, machinery, etc.
- Both buildings have a stretcher-sized elevator, an electric generator that comfortably energizes both buildings, all rooms and offices with inverter air conditioners, an activity room for the elderly, an open terrace overlooking all of Hato Rey, a kitchen, and equipment, among others.
- Other amenities: Approximately 14 exclusive parking spaces not including the extra parking spaces available in the 2 garages.
- All the financial information of the business is updated as well as the appraisal (More information can be provided upon request). Available for review to serious candidates who are interested in buying and have proof of funds.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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