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
Sold for $323,000 on 12/12/23
$323,000
905 Calle Labra, San Juan, PR 00907
--beds
0baths
434Square Feet
Unimproved Land
Built in ----
434 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 07, 2024 at 12:14pm
Listing Provided by:
Myrna Ruiz Olmo 787-237-7440,
CORCORAN PUERTO RICO 939-478-6028
Bought with:
Myrna Ruiz Olmo, 15636
CORCORAN PUERTO RICO
Source: Stellar MLS,MLS#: PR9101029
Originating MLS: Puerto Rico

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 434 sqft
Details
- Parcel number: 000000000000
- Zoning: ZN
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available
Community & neighborhood
Location
- Region: San Juan
HOA & financial
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Other
- Road surface type: Asphalt