Commercial Property Toa Baja FOR SALE

Location: Lot EE-10, Boulevard Avenue, Levittown Development, Toa Baja, Puerto Rico

Description: The property consists of a two-story multi-tenant concrete commercial structure having a total gross building area of 4,749 square feet with a rentable area of 4,695 square feet. The first floor has a gross building area of 3,486 square feet and consists of three (3) commercial locales. The second floor has a gross building area of 1,263 square feet and consists of two (2) commercial locales plus an exterior bath having 54 square feet.

Both levels are improved with typical office/retail interior improvements consisting of ceramic tiles flooring, fluorescent lights, and interior wood doors. The interior layout is comprised of reception area, waiting areas, offices, storage room, and seven half bathrooms.

Other improvements consist of porch, balcony, concrete paved areas used as parking, air conditioning, stairs and iron grills.

Neighborhood: The subject’s neighborhood is densely developed with commercial, industrial and residential developments with a heavy concentration of commercial properties along Boulevard Avenue. Villa de Levittown, La Rosaleda 2, Mansiones Del Norte, Dos Ríos, Levittville, Lago de Plata and Mansiones del Mar are some of the residential developments around the property's Levittown Development. Other facilities and commercial ventures, such as gas stations, pharmacies, retail stores, governmental institutions, private and public schools, cash & carry, banks, fast food restaurants, supermarkets, and churches are located at short proximity to the property.

Access: Access to the property is by way of its frontage to Boulevard Avenue (SR-866) and/or by way of José S. Alegría Street which provides rear access. Main roads in this neighborhood are State Road 167 and State Road 165. State Road 22 (José De Diego Highway) is also at short distance from the property, at about 1.75 linear miles south. Shopping centers, schools, hospitals, parks and services of municipal agencies are also present in the immediate neighborhood.

Parking: 14 parking spaces, 10 facing Boulevard Avenue plus 4 facing José Alegría Street, which provides rear access to the subject property.