Barranquitas Town Core - Retail For Sale

Four-story vacant commercial property with a gross building area consisting of 7,582 square feet in a 322.32 square meter site.

The Property is located in the heart of Barranquitas, specifically at Barceló Street across from the town square and public plaza, Catholic Church, and the mayor's office. The Barranquitas town core is comprised mainly of retail establishments and institutional/educational facilities. They lie mainly along Barceló and Munoz Rivera streets, among others.

Also similarly to other town cores, shopping centers with good parking facilities continue being established outside of the Barranquitas town core creating a strong competition to the commerce in the town core and adversely affecting real estate values (economic obsolescence) within the town core. In addition, the utility of most of the commercial properties in the subject town core, as well as, other town cores in Puerto Rico is concentrated at the ground floors. Most of the second floors remain unoccupied or are being used marginally for storage purposes.

The Property is currently vacant.

• Square Footage: 7,582 SF
• First Level: 3,269 SF
• Second Level: 1,044 SF
• Basement: 3,269 SF
• Garage: 630 SF
• Balcony: 234 SF
• Site: 322.32 Square Meters
• Zoning: C-I (Intermediate Commercial)
• Non Floodable Area
• Located in front of the Barranquitas Town Core Plaza
• Tax Code #: 247-091-027-02-902