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Commercial Medical Building- FOR SALE

  SOLD June 2023 for $1,500,000

Av. Hipódromo, Santurce 00908


Building Size27,505 Square Feet
Land Size1,179 Square Meters
ZoningZU-G2
Parking33
Flood ZoneZone X -Outside Floodable Area
LevelTopography
ElevatorsTwo
125 KW Emergency Generator
550 KW Emergency Generator
20,000 Gallon Water Cistern
Coordinates 18.4447182, -66.0738986

The entire building is currently used as an eye surgery ambulatory facility. It consists of four legally separated but physically adjacent lots housing a seven-story building having a total of 27,505 square feet of gross building area with a rentable area of 23,702 square feet. Each floor has 3,865 SF and there's a small enclosed area at the roof consisting of 450 square feet. The ground floor consists of waiting rooms, reception, examination rooms, recovery area and office areas. The second, third and fourth floors currently have surgery and recovery areas but can be used as office. The fifth, sixth and seventh floors are used as office areas. The roof contains the air conditioning chiller, the elevator machine room and communications antennas.

The property has paved areas for approximately 26 vehicles and also houses emergency generators, water pumps + cisterns, and the electrical substation.

This property has great potential to be converted into a residential multi-family apartment building or an all-office building. Its location is prime in the San Juan Municipality having great access capabilities to Juan Ponce de León Avenue, Fernández Juncos Avenue, John F. Kennedy Expressway, Luis Muñoz Rivera Avenue, State Road PR-22 and Baldorioty de Castro Expressway.

The property is located in an urban area of the Santurce Ward harboring hospitals as the Pavía Hospital and Doctors' Center Hospital, the latter located just 0.10 miles north from the Property. The area also harbors residential dwellings and retail business including small convenience stores, pharmacies, schools, restaurants, gas stations, houses of worship, government offices, among many other retail facilities. The Luis Ferré Performing Arts Center, an important arts theater, is located in the immediate area. The business district, located about 1.60 southeast from the property, houses the main offices from the local banks, prestigious law firms, health providers offices, among many important companies. The José Miguel Agrelot Coliseum, where many music concerts are performed, is located in the business district.

  • 27,505 SF of Gross Building Area
  • 1,179.15 Square Meter Site
  • Tax ID Numbers: 040-079-111-01, 040-079-104-08, 040-079-104-09 & 040-079-104-10
  • Coordinates: 18.4447182, -66.0738986
  • Zoning: ZU-G2
  • Flood Zone: Zone X (Outside Floodable Areas)
  • Level Topography
  • Great Access to Fernández Juncos and Ponce de León Avenues
  • AC Chiller
  • Three Elevators
  • Transfer Switch
  • Full Sprinklers

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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