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$950,000
Est. payment /mo
5,878 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,878 sqft
Price per Sqft $161
MLS Listing ID PR9113574
HOA Y/N No
Year Built 1990
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Business
Source Stellar MLS
Property Description
Located at No. 572 on the corner of Presidente Ramirez Street and Muñoz Rivera Avenue in the vibrant Baldrich Development of Hato Rey, San Juan, Puerto Rico, this commercial property presents an outstanding investment opportunity. Strategically positioned, the site benefits from excellent visibility and steady traffic along Muñoz Rivera Avenue, enhancing its accessibility and appeal for commercial use.
This 5,878-square-foot building features a mostly reinforced concrete structure with two stories, comprising a ground floor area of 4,267 square feet and a second level of 1,611 square feet. Ample parking is provided with five exterior surface spaces and a 728-square-foot carport accommodating an additional 4 to 5 stalls, including back-to-back parking, for a total capacity of approximately 10 vehicles.
The 921.75 square meter lot enjoys a unique trapezoidal shape on a corner site, with C-2 commercial zoning in a minimal-floodable area (Advisory X), offering diverse redevelopment options.
The property's highest and best use includes restoring it for commercial office purposes, or redeveloping the site for various commercial endeavors, such as fast food, retail, a showroom, car dealership, or carwash. Additionally, its strategic location and zoning make it a viable site for residential building development. Available for long-term lease or sale, this property stands as a versatile investment in Hato Rey, one of San Juan's most active and accessible districts.
This 5,878-square-foot building features a mostly reinforced concrete structure with two stories, comprising a ground floor area of 4,267 square feet and a second level of 1,611 square feet. Ample parking is provided with five exterior surface spaces and a 728-square-foot carport accommodating an additional 4 to 5 stalls, including back-to-back parking, for a total capacity of approximately 10 vehicles.
The 921.75 square meter lot enjoys a unique trapezoidal shape on a corner site, with C-2 commercial zoning in a minimal-floodable area (Advisory X), offering diverse redevelopment options.
The property's highest and best use includes restoring it for commercial office purposes, or redeveloping the site for various commercial endeavors, such as fast food, retail, a showroom, car dealership, or carwash. Additionally, its strategic location and zoning make it a viable site for residential building development. Available for long-term lease or sale, this property stands as a versatile investment in Hato Rey, one of San Juan's most active and accessible districts.
Location
State PR
County San Juan
Area 00918 - San Juan
Interior
Cooling None
Exterior
Parking Features Parking Spaces - 6 to 12
Roof Type Cement,Other
Building
Lot Description Central Business District, Corner Lot
Entry Level Two
Foundation Concrete Perimeter
Lot Size Range 2 to less than 5
Structure Type Concrete
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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Listed by CORCORAN PUERTO RICO