| Building Size | 24,499 Square Feet |
| Land Size | 1.36 Acres |
| Zoning | Industrial Liviano |
| Parking | 36 |
| Water | Individual meters |
| Electric | Three Phase - individual meter |
| Construction | Concrete - Steel Frame |
| Roof | Metal |
Industrial property in Cidra with verified Industrial Liviano (I-L) zoning and a layout that supports both owner-user operations and multi-tenant income strategy.
The property sits on approximately 5,523 square meters and is improved with a main building of approximately 23,587 square feet distributed across four interior units of approximately 5,897 SF, 5,887 SF, 7,907 SF, and 3,896 SF, plus an additional structure of approximately 912 square feet. The site offers state-road access, three-phase power, individual water and electric meters per unit, and approved parking for 32 regular spaces plus 4 handicap-accessible spaces. An approved loading and unloading area is on record, with potential for a new owner to further improve loading functionality.
Construction consists of steel-frame structure with concrete exterior and division walls, providing a functional industrial layout for warehousing, light manufacturing, service operations, technical trades, distribution, and similar industrial and service uses. The I-L designation is supported by formal permitting history, which materially reduces one of the primary risks in industrial acquisitions: uncertainty of permitted use.
From an income standpoint, the property currently has five rentable spaces, four of which are leased with one vacancy of approximately 8,000 square feet. Current scheduled monthly rent is approximately $8,920.83, inclusive of CRIM contributions paid by two tenants as part of their effective occupancy cost. This provides a buyer with existing in-place income and additional upside through lease-up of the remaining vacancy and future rent optimization.
Owner financing available at full asking price only. Minimum $300,000 down payment, 4% fixed interest rate, term not to exceed 10 years. Conventional and cash offers also welcome.
Co-broke welcome. Contact listing broker for details.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.