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Development Site in the Heart of Santurce with Income-Producing Office Building

No. 1311, Ponce De León Avenue, Santurce Ward, San Juan, PR 00907

  • For Sale $13,900,000
  • Property Type Office - General Office
  • Property Size 36,390 SF
  • Lot Size 1.12 Acre
  • Building Class C
  • Date Updated Jun 30, 2022
Excellent development site in the heart of Santurce comprising 1.12 acres, having frontage to 3 arteries, a level topography, and a mixed-use commercial-residential zoning which allows for a high-density project, consistent with its immediate surroundings. Any forward-thinking investor will benefit from surging residential and commercial values in the trendy revitalization area of Santurce.
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Location

  • City San Juan, PR
  • Neighborhood Campo Alegre
  • Zip Code 00907

Contacts

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

(787) 778-7000

Highlights

  • Ask Price: $13,900,000 or Best Offer
  • Coordinates: Lat: 18.44968609, Lon: -66.07246214
  • Land Area: 4,538.5006 square meters, equivalent to 48,852.01 square feet or 1.12 acres
  • Zoning: ZU-G4 & ZU-R2 (allows for mixed-use, commercial-residential)
  • Flood Classification: X (non-floodable)
  • Main Building: 7 stories, 25,230 rentable SF, 36,390 gross SF, 86% occupied, built in the 1960's but recently renovated
  • Additional 2-story building of approx. 2,400 SF currently being remodeled, ideal for short-term rentals.

Frequently Asked Questions

What is the total square footage of Development Site in the Heart of Santurce with Income-Producing Office Building?

Development Site in the Heart of Santurce with Income-Producing Office Building totals 36,390 square feet.

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Attachments

Contact Listing Broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

(787) 778-7000

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