164 PR NARANJITO, PR - Image 1164 PR NARANJITO, PR - Image 2164 PR NARANJITO, PR - Image 3164 PR NARANJITO, PR - Image 4164 PR NARANJITO, PR - Image 5164 PR NARANJITO, PR - Image 6164 PR NARANJITO, PR - Image 7164 PR NARANJITO, PR - Image 8

$2,000,000

0 Beds 0 Baths 25,734 SQFT 0.59 Acres
Type: Commercial

164 PR
NARANJITO, PR 00719

MLS#: PR9117929
Scott Bougie
Scott Bougie
The Real Estate Advantage
Realtor
Phone: 612.799.7548
Office: 651.272.4688
Presented by: AJ REALTY CONSULTANTS with 787-637-3809. - 787-376-8192

Property 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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityNARANJITO
Construction MaterialsBlock
CoolingOther
CountyNaranjito
Directionsvia 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
Flood Zone Codex
Flood Zone Code XY
Living Area Units0 sqft
Lot Size Square Feet25,734 sqft
Lot Size UnitsSquare Feet
MLS Area00719 - Naranjito
New ConstructionNo
OwnershipOther
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameBO ACHIOTE
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1996

Exterior

Building Area Total25,734 sqft
Foundation DetailsBlock
Lot Size Acres0.59
Lot Size Area25,734 sqft
Number of Buildings2
Road Frontage TypeBusiness District
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,000,000

0 Beds 0 Baths 25,734 SQFT 0.59 Acres
Type: Commercial

164 PR
NARANJITO, PR 00719

MLS#: PR9117929
Scott Bougie
Scott Bougie
The Real Estate Advantage
Realtor
Phone: 612.799.7548
Office: 651.272.4688