Corner Lot Commercial Bldg Puerto Nuevo

Description:
Two-story concrete commercial building consisting of approximately 7,331 square feet of gross building area located on De Diego Avenue in Puerto Nuevo, San Juan. Bottom floor would make a great retail space, showroom, restaurant conversion or any other light commercial use. Second floor could be a continuation of the previous suggestions or make a great office for the business. Second floor could also be repurposed as a residential space or rental, complete with bathroom and separate outdoor entrance. Don't let the exterior discourage you - all this property requires is new paint!

Recent Improvements:
Property clean up, carpet removal, complete roof seal, mold remediation, exterior pressure wash

Neighborhood Influence:
The immediate area is characterized as a 50 year old residential development with single- and multi-family detached properties in the medium-income range. Those properties fronting FD Roosevelt Avenue, JT Piñero Avenue, José de Diego Avenue and Andalucía Street have been converted to commercial uses due to their strong traffic and commercial exposure.

Commercial uses, mainly along the principal roads and intersections include shopping centers, mid-rise office buildings, and stand-alone properties such as restaurants, stores, and small offices. Institutional uses include government buildings, schools, parks and medical clinics. However, the most dominant use in the immediate neighborhood is Plaza Las Américas Shopping Center. In addition, the “Golden Mile” or the Hato Rey commercial business district, the most important office district in Puerto Rico, is located at a short distance from the Property.

Location:
571 José De Diego Avenue, Corner of Canada Street, Puerto Nuevo Sector, San Juan, Puerto Rico.

Site Area:
421.35 square meters

Zoning:
Commercial (C-1)

Features:

• 100% back-up power generator & transfer switch
• Alarm system with camera surveillance
• Roll-up security doors
• Two (2) central A/C units
• One (1) vehicle parking garage

Floor Areas:
- First floor: Approx. 3,795 square feet
- Second floor: Approx. 3,536 square feet

Site Coordinates:
Latitude: 18.407257° N
Longitude: 66.088381° W