2,000 Square Meter Retail Site in Hato Rey

Property Description

The former Mona’s Restaurant site is a prime commercial opportunity in the heart of Hato Rey’s medical and education hub. This approximately 2,000 SM (0.49-acre) retail site offers 171 linear feet (51 meters) of frontage along Avenida Ponce de León, providing exceptional visibility and accessibility.

The property is suitable for a variety of commercial uses, including medical clinics, dual-pad or out-parcel development, short-term rental units, or quick service restaurants with drive-thru. Its location ensures access to a large employee and visitor base from surrounding institutions, making it ideal for projects targeting healthcare, education, or professional services.

Location Description

The property is located at 510 Avenida Ponce de León, Hato Rey, San Juan, PR 00917, in the heart of Hato Rey’s medical and education hub. It sits between the island’s main financial and medical districts and is adjacent to the University of Puerto Rico’s Rio Piedras Campus. The site benefits from proximity to major healthcare institutions, including Centro Médico de Puerto Rico, Hospital Auxilio Mutuo, Hospital Pavía Hato Rey, and the newly completed Veterans Hospital, as well as key government and educational facilities such as the Departamento del Trabajo main building, AEELA headquarters, ICPR Junior College, Universidad Politécnica, and ADP University. The neighborhood hosts a dynamic mix of corporate offices, financial institutions, medical centers, and professional service providers. Accessibility is excellent, with convenient connections via Ponce de León Avenue, the Tren Urbano, Luis A. Ferré Expressway (PR-52), Piñero Avenue (PR-17), and Muñoz Rivera Avenue (PR-1), providing easy travel to Isla Verde International Airport and high-density residential areas throughout San Juan.

Highlights:

• Lot Size: 2,000 SM (0.49 Acres)
• Building Size: 4,000 SF
• Frontage: 51 meters / 171 linear feet on Ponce de León Avenue
• Zoning: Central Commercial (C-3)
• Flood Zone: X (Non-floodable area)
• Property Tax ID: 063-062-250-12
• Visibility & Accessibility: Adjacent to Tren Urbano station and bus stop
• Proximity to Major Hospitals & Universities: Centro Médico, Auxilio Mutuo, Pavía Hospital, Veterans Hospital, UPR Rio Piedras
• Ideal Uses: Medical clinic, dual-pad or out-parcel development, QSR w/drive-thru, short-term rental units
• Seller Financing: Subject to negotiation
• Property Video