Three (3) Commercial Properties - FOR SALE

This is a unique opportunity to own three contiguous prime properties with approx. 140 lineal feet of frontage on Roosevelt Avenue in San Juan consisting of approx. 1,230 square meters of land improved with a three-story beautiful office building of approx. 5,538 square feet fully furnished and equipped, a one-story commercial property consisting of approximately 2,762 square feet, and a private paved parking lot in between two buildings for a combined total of approximately 35 parking stalls and 8,300 square feet of total building area.

Roosevelt Avenue acts as the major artery for residents of San Juan, connecting the central business district to the Hiram Bithorn Stadium, along with a series of shopping centers, commercial areas, and professional offices, among the high-density residential area. Other landmarks in the area include Plaza Las Americas Shopping Mall, San Patricio Plaza Shopping Center, Telemundo, Puerto Rico Police Headquarters, Triple-S Headquarters, Plaza Caparra, Claro Headquarters, and Roberto Clemente Coliseum, among many others.

The office building is fully furnished & equipped and considered best in class with premium construction materials & finishes, a 100% backup electricity generator, an elevator with marble finishes, a smoke detection & alarm system, exterior illumination, and parking poles, among other tasteful improvements.

The strategic location on Roosevelt Avenue provides direct access to Highway PR-22 to its north, Jesus Piñero Avenue to its south, and Las Americas Highway to its east, and Martinez Nadal Avenue to its west.

Don't miss this unique commercial opportunity!

Highlights:

• Excellent signage opportunity on highly trafficked Roosevelt Ave.
• Income producing opportunity
• The property includes a wall suitable for outdoor advertising with a potential approximate annual rental income of $60,000
• Move-in ready
• Zoning: C-1 (Light Commercial)
• Flood: X (Non-floodable area)
• Addresses: 1336, 1338 & 1340 Roosevelt Avenue
• Parking: 35 stalls, equivalent to a parking ratio of 4.2 stalls per 1,000 SF
• Property tax ids: 062-076-340-05-001, 062-076-340-06-001 & 062-076-340-07-001
• Coordinates: 18.41342941738579, -66.09158811795851 & 18.413399605257272, -66.09188936047968