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Improved Property

Excellent Retail-Office Property with Upside

No. 415, Ing. Manuel V. Domenech Avenue, Reparto Parque Central Development, Hato Rey Sur Ward, San Juan, 00918

Sold: $789,000
$61.78 / SF
Updated Sep 30, 2026
Categories Office Retail Restaurant Bank Owned

About this property

Located steps from the off- and on-ramps to the Las Americas Expressway along Domenech Avenue, this property enjoys an excellent commercial traffic exposure within the Hato Rey Ward of San Juan. The owner of this property will benefit from a steady cash flow stream from the fully leased ground level, and from strong upside potential with the lease-up of the second level. Don't miss this excellent opportunity!

  • Site Area: 718.20 Sq. Mts. or 7,731 SF
  • Gross Building Area: 12,771 SF
  • Rentable Area: 10,502 SF
  • Efficiency Ratio: 82.2%
  • # of Stories: 2
  • Parking Spaces: 17
  • Zoning: C-L (Light Commercial)
  • Flood Zone: X (Minimum Flood Risk)
  • Tax Code #: 062-079-617-02
  • Annual Property Tax Expense: $6,969.96
  • Occupancy: 55.5% (5,829 SF Occ. out of 10,502 SF)
  • Net Operating Income: $51,500 (includes minor estimates)
  • 2nd Level: In Shell State (requires improvements)
  • Asking Price: $1,000,000 or best offer

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
12,771 sqft
Land Size
718 sqm
Sewer
AAA
Water
AAA
Zoning
C-L
Electric
AEE
Roof
Reinforced Concrete
Parking
17
Construction
Reinforced Concrete

Documents 7 files

2015_April_Appraisal.pdf 8.9 MB
2019_12_09_Judicial-Sales-Deed-24.pdf 860 KB
LEGAL-DESCRIPTION.pdf 385 KB
Prop-Taxes_Act-7_062-079-617-02-001.pdf 77 KB
Prop-Taxes_Debt-Certificate.pdf 129 KB
Prop-Taxes_Values-Certificate.pdf 121 KB
Rent-Roll-&-Pro-Forma.pdf 117 KB

Last updated: Sep 30, 2026

Location

Address
No. 415, Ing. Manuel V. Domenech Avenue, Reparto Parque Central Development, Hato Rey Sur Ward
San Juan, 00918
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.