164 PR

Commercial Sale

$2,000,000

Property ID:

None

Year Built

1996

Lot Size

0.59 Square Feet

Description

Excellent investment opportunity in the heart of Naranjito with high economic development potential. This commercial property features 25,734 square feet of concrete construction on a 4,252 square meter lot, with a two-story design. First floor: 9 commercial spaces, 6 of which are currently occupied and generating $7,000 in monthly rental income. Second floor: 13 additional units (apartments or commercial spaces), currently vacant, ideal for remodeling and increasing income potential. Infrastructure: new electrical substation with generators (generators belonging to tenants are not included in the sale). Utilities: each unit has its own utility meter. Parking: ample space for customers and tenants. Condition: the property requires improvements, offering great potential for present and future appreciation.

Additional Details

Cooling: Other
Street Number: 164
Directions: via Desvío Mariano Cotto Best route now due to traffic conditions Plaza Los Palacios Carr PR-828 Km 4.1 Los Palacios, Toa Alta ? Get on Desvío Mariano Cotto/PR-5 3 min (700 m) Continue onto Desvío Mariano Cotto/PR-5 ? Continue to follow Desvío Mariano Cotto ? 9 min (8.1 km) ? Take PR-164 to your destination 3 min (1.8 km) 18.3069961, -66.2580433
Listing Id: PR9117929
List Office Name: AJ REALTY CONSULTANTS
List Agent Full Name: Alexandra Jorge Rivera
Foundation Details: Block
List Agent MLS Id: 742005097
List Office MLS Id: 742005097
Lot Size Area: 25734
Street Name: PR
Lot Size Square Feet: 25734