Multi-Unit Commercial Property at State Road

The Property refers to a one-story, multi-unit commercial structure consisting of three locales having a total gross building area of 1,900 square feet. It is built in reinforced concrete, concrete blocks and located in a 312.41 square meters site. Locale (1) has 793.08 SF, locale (2) has 659.46 SF and locale (3) has 447.88 SF. Additional improvements include paved areas for five (5) vehicles for a parking ratio of 2.63 per 1,000 SF.

The Property is located along State Road PR-183 about 1.40 miles southeast from the Caguas Town Core. Its boundaries can be delineated as follows: Villa Criollos and Villa Mercedes Developments to its north; Boulevard Tomás de Castro II Development to its south; vacant lands to its east; and Villas Borinquen Development to its west. State Road PR-183, the main artery of the Property, connects with the Caguas Town Core to its west and with the Municipality of San Lorenzo to its east. The area is characterized by Columbia Central University located just about 0.52 west of the Property and residential neighborhoods including Parque Las Mercedes, Villa Borinquen, Villas de Castro and Santa Rosa.

Sold on 8/20/2021 for $95,000

Tax Code #: 225-088-008-01
Zoning: C-I (Intermediate Commercial)
Non-Floodable Condition
Building Size: 1,900 SF
Lot Size: 312.41 Square Meters