Free Standing Property in Punta Las Marias

Property Description

Located along Laurel Street of the highly coveted Punta Las Marías Sector, this corner property has excellent exposure to passersby’s using the highly trafficked Loiza Street which connects the Isla Verde and Condado sectors. The 2-story commercial structure sits in the heart of a beachfront community, at a close proximity to the LMM International Airport, and surrounded by a thriving community of commercial businesses and excellent access routes. The Property includes a 2-story detached structure as well as billboard space, both components having strong income producing potential. Pair this with its excellent and "as new" physical condition, its good parking facilities, its FF&E in-place, and its full-capacity power generator, and you will find this turn-key property is ready for business.

Location Description

The highly coveted Punta Las Marías Sector is a beachfront community located between the tourist-oriented Isla Verde Sector of Carolina to its east and the famous Ocean Park and Condado communities to its west. The property is situated steps from conveniences required for daily living such as schools, convenience stores, supermarkets, pharmacies, doctor’s offices, hospitals and strip malls, as well as a short drive from Old San Juan, Condado, Isla Verde, and the Luis Muñoz Marín International Airport.

Highlights

• Site Area: 750 square meters, or 8,073 square feet
• Building Area: 4,799.66 square feet
• Zoning: CT-2 (commercial-tourist)
• Tax Code #: 041-044-169-08-001
• Annual Property Taxes: $5,512.19
• Parking Spaces: 11 + street parking