Active

$950,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRPR9113574
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$N/A
Price per SqFt:
$161.62
Tax Legal Description:
N/A
Exterior Features
Lot Size:
5878
Lot Features:
Central Business District, Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 6 to 12
Roof:
Cement, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
None
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1990
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    572 Munoz Rivera Ave MUNOZ RIVERA AVE AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active
Business

3455 BOBCAT VILLAGE CENTER RD #18

  • 0
  • 383 m²
avt
Daniel Dourado
$ 849,900
avt
Daniel Dourado
$ 265,000
avt
Daniel Dourado
$ 999,000
avt
Daniel Dourado
$ 749,000
avt
Daniel Dourado
$ 475,000
avt
Daniel Dourado
$ 116,121,600
img
  • Featured
  • Active
Business

490 N SPRING GARDEN AVE

  • 0
  • 91 m²
avt
Daniel Dourado
$ 350,000
avt
Daniel Dourado
$ 374,900
avt
Daniel Dourado
$ 800,000
avt
Daniel Dourado
$ 540,000
avt
Daniel Dourado
$ 1,200,000
avt
Daniel Dourado
$ 749,000