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21-22 MUÑOZ RIVERA

Commercial For Sale
$1,500,000

BTC: 14.01215826

ETH: 365.85901257

290 days
0 room(s)
8,900 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

OWN A PIECE OF HISTORY! A unique opportunity to restore or reinvent a 16 room hotel with two renovated retail spaces and a working restaurant next door. The three-story hotel building on a corner of the main street is a stone’s throw away from the ocean and has wonderful views from the upper floors and the roof deck. The Hotel Carmen was once the haunt of “Gonzo” (Hunter Thompson), while he wrote “The Rum Diaries.” This 3 story building has fallen into disrepair, but its solid structure offers countless possibilities. Restore it as a hotel, condos or apartments in a superb location with great views. The ground floor level has two ready to rent retail spaces. The current owners are including two additional lots with the original hotel property. The operational restaurant is a new build with a huge kitchen and a large bar. And the empty lot behind it offers a convenient delivery area and employee parking. Titled.

Location

Facts and features

Type:
Commercial Sale
Parking:
1 to 5 Spaces
Year Built:
1950
Lot:
0.17 Acres
Heating:
None
Price/sqft:
$169
Cooling:
A/C - Office Only
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    • Tile

    Heating

    • None

    Cooling

    • A/C - Office Only

  • Parking

    • 1 to 5 Spaces

    Property

    • Levels: Three Or More

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 45704202401001

    • Zoning: COMMERCIAL

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Utility

    • Electricity Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,303

  • Source details

    • MLS ID: PR9104925

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Lot Features: Central Business District / City Lot / Sidewalk

    • Direction Faces: Northeast

    • Other Structures: Containers / Other

    • Living Area: 8900

    • Water Source: Public

    • Subdivision Name: ISABEL II

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ISLAND REAL ESTATE