16 CLL

SAN JUAN, PR 00907

Sold $165,548

Closed 283 days ago.
  • Mixed Use
  • Built: 1900
  • Lot Size: 0.05 acres
  • Cooling: Other
Situated at the intersection of Calle Nueva Palma and Calle America adjoining PR 2, which is the main north-south traffic corridor in and out of Condado in the Santurce district of San Juan, this commercial property offers a significant redevelopment opportunity. The site covers an area of approximately 2,223.39 square feet +/-(subject to survey verification) and level topography and is a rectangular site. The CRIM MAP is not accurate and overstates the land area. The property currently contains structure at the end of its economic life, presenting the opportunity for removal and redevelopment by a new owner. It will make an excellent site for the assemblage of surrounding parcels to enhance the value of the land through plottage. Zoned ZU-G5, a general zoning category in Santurce, the site permits a wide range of commercial uses. This flexibility makes it an ideal location for various business ventures, including retail spaces, office buildings, or other commercial projects. This zoning may also allow for some residential uses. This listing is focused on the land and its redevelopment potential. There is no value in any structure on the site. Interested parties are advised to conduct thorough due diligence to verify site details and explore the property's full potential. For inquiries or to arrange a viewing, please contact the listing broker.

Construction Materials
Other
MLSID
O6169897

The Seller's Team

The Buyer's Team

Location


From Condado, South on PR-2, Left on Calle Nueva Palma, the Subject property is on the right corner of Calle Nueva Palma and Calle America.

About this area

For Sale Nearby

Recently Sold Nearby

equal housing opportunity logo

Information deemed reliable but not guaranteed. IDX data © 2018 - 2024 Stellar MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Stellar MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This website is a provided by Stellar MLS for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.