Vega Baja Town Core Commercial Property

Two-story commercial property with a gross building area consisting of 4,554 SF in a 207.48 square meter lot.

The immediate neighborhood is a strong urban area as it is located at the Pueblo Ward of the Vega Baja Core. The area can be delineated as follows: Las Flores and Villa del Rosario Developments to its north; Haciendas de Monte Verde & Vista Verde Developments to its south; Plaza Las Vegas Shopping to its west; and by Brasilia Development to its east. The Property’s neighborhood combines a mix of different uses including commercial, residential, and public/institutional. Like most of the Town Cores of the island, the Vega Baja Town Core has been negatively affected due to urban growth and expansion to neighboring areas, causing a state of neglect and abandonment, evidencing high vacancy levels.

The property is specifically located in the Vega Baja Town Core within walking distance of the town square and the Mayor's House. The immediate neighborhood is predominantly commercial properties with some residential ones. In terms of commercial uses, the Vega Baja Town Core offers a variety of goods and services like supermarkets, offices, fast food restaurants, retail stores, and pharmacies, among others. In terms of residential uses, there are numerous detached dwellings scattered throughout the town core, as well as residential apartment units. In terms of institutional and/or public uses, the Nuestra Señora Del Rosario Church is located east of the local plaza. In addition, the José Gualberto Padilla School is located about 0.23 miles northwest from the Property.