2 Story Mixed-Use Property San Juan FOR SALE

Description:

The subject property is a two story mixed-use property on the main artery of Caparra Terrace. The structure is located among a wide variety of commercial and residential uses and has great visibility from the highly trafficked Av. Jesús T. Piñero.

The first level of the structure has 1,247 SF and is divided into one (1) commercial locale and one (1) 1BR-1BA apartment unit. The second level has 1,087 SF and consists of two (2) 1BR-1BA apartment units. In addition, there’s a communications antenna at its roof which details regarding its income producing was not provided.

The improvements occupy a 238.62 square-meters site and are supported by protective iron grills and a carport providing parking space for 2 vehicles, for a parking ratio 0.86 per 1,000 SF. Interior improvements include glass pane doors and windows on aluminum frame, Miami-type windows, ceramic tile flooring, exposed concrete ceilings, fluorescent lighting, and interior metal doors.

Neighborhood Influence:

Commercial uses, mainly along the principal roads and intersections include shopping centers, high-rise and mid-rise office buildings, restaurants, stores, and small offices. Institutional uses include government buildings, schools, parks and medical clinics. However, the most dominant uses in the immediate neighborhood are Plaza Las Américas Shopping Center and San Patricio Plaza. In addition, the “Golden Mile” or the Hato Rey commercial business district, the most important office district in Puerto Rico, is located northeast of the immediate neighborhood.