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Last updated on September 25th, 2023

Canovanas Commercial Land - FOR SALE

$4,990,000

South of Km16.8, State Road PR-3, Canovanas 00707


Land Size6.44 Acres
ZoningC-I (Intermediate Commercial)

The Property is commercial vacant land divided in five (5) legally independent but adjacent lots located in a marginal street just south of State Road PR-3, a high-traffic artery with great commercial exposure and great access capabilities.

It is located less than a mile west from the Canóvanas Outlet Mall in the Canóvanas Ward of the Canóvanas Municipality. The Canóvanas Outlet Mall, one of the main commercial players in the immediate area. It harbors retails store including Polo Ralph Lauren, Tommy Hilfiger, Nike, Liz Claiborne, Guess, Caribbean Cinemas, Sunglass Hut, T-Mobile among others. There are also outparcels business as a Banco Popular Bank, First Bank, Oriental Bank, and a Wendy's fast food restaurant.

The Property is located just east of Universal Insurance Building and is also located less than a mile west of the Plaza Canóvanas Shopping Center, which harbors a Walmart Supercenter as its anchor tenant. Additional business includes a Walgreeens, a Marshalls, Coinstar, Mr. Quicks, Little Caesar, Me Salvé, a KFC, among others.

Furthermore, northeast from the Property, you can find an industrial park which harbors companies including Abbot Optical, AstraZeneca, R & R Electric Motor Corp, CG Printing, SealMaster Puerto Rico, Remaches de Puerto Rico, Inc., among others.

Highlights:

  • Tax Code Numbers: 089-097-353-52 (1/2 Cuerda), 089-097-353-47 (1 Cuerda), 089-097-353-48 (1 Cuerda), 089-097-353-49 (1 Cuerda), 089-087-353-50 (2.63 Cuerdas)
  • Zoning: C-I (Intermediate Commercial) (Intermediate Commercial). It allows gas stations, restaurants / bars, offices, hotels, bakeries, among other uses.
  • Flood: AE (55.15%) & X (44.85%)
  • Total Lot Size: 6.63 Cuerdas or 26058.53 Square Meters
  • Infrastructure in place
  • Great access to State Road PR-66
  • Located at a high-traffic area
  • Leveled Topography

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

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