Isabela Town Core Redevelopment

**Price Improvement/MOTIVATED SELLER**

Former 100 year standing institution, the San Antonio School and Convent at the town core of the Isabela Municipality in Puerto Rico, with a strategic geographic location situated high above the northwestern cliffs overlooking Isabela's beautiful coastline.

This unique development opportunity is the gateway to the western region of Puerto Rico's most attractive tourism destinations and growing submarkets with high paying technology and aviations operations near Aguadilla's International Airport.

Situated on four urban lots totaling approximately 1.14 acres or 4,598 square meters with improvements of approximately 52,000 square feet in five well maintained buildings.

Steps from the Mayor's office at the central plaza of the town core surrounded by the church, theatre, library, pharmacy, restaurants, cafés and many other services.

Attractive zoning overlay allowing for a wide variety of uses including the redevelopment for hospitality, residential, health care, assisted living, and commercial & mixed-use development, among many other permitted uses.

The one-time Convent consists of 10,290.79 square feet of building area, situated on a 1,122 square meter lot,including a main building that has two floors where the former music room, basement, and annex next to the convent once were. The previous school consists of 41,449.36 square feet, situated on a 3,476 square meter lot, which includes the school’s former dining hall, library, administrative offices, classrooms, storage room, restrooms, activity room and a indoor basketball court.

HIGHLIGHTS:

• Property Tax Id: 003-087-021-12, 003-087-021-09
• Coordinates: 18.501822, -67.023005
• Flood Zone : X (Outside Floodable Areas)
• Lot Size : Approx. 1.14 acres or 4,598 square meters
• Gross Building Area : Approx. 52,000 square feet
• Topography : Leveled
• Property #1 - Zoning: DT-G (70%) (General Endowment) & C-I (30%) (Intermediate Commercial)
• Property #2 - Zoning: C-I (100%) (Intermediate Commercial)