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Last updated on November 14th, 2022

Development Site in the Heart of Santurce

$13,900,000

No. 1311, Ponce De León Avenue, Santurce 00907


Building Size36,390 Square Feet
Land Size1.12 Acres
ZoningZU-G4 & ZU-R2

Excellent development site in the heart of Santurce comprising 1.12 acres, having frontage to 3 arteries, a level topography, and mixed-use commercial-residential zoning which allows for a high-density project, consistent with its immediate surroundings. Any forward-thinking investor will benefit from surging residential and commercial values in the trendy revitalization area of Santurce.

  • Asking Price: $13,900,000 or Best Offer
  • Coordinates: Lat: 18.44968609, Lon: -66.07246214
  • Land Area: 4,538.5006 square meters, equivalent to 48,852.01 square feet or 1.12 acres
  • Zoning: ZU-G4 & ZU-R2 (allows for mixed-use, commercial-residential)
  • Flood Classification: X (non-floodable)
  • Main Building: 7 stories, 25,230 rentable SF, 36,390 gross SF, 86% occupied, built in the 1960's but recently renovated
  • Additional 2-story building of approx. 2,400 SF currently being remodeled, ideal for short-term rentals.

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

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