572 Munoz Rivera Ave MUNOZ RIVERA AVE AVE San Juan, Puerto Rico

Property Type: Commercial Sale
Subtype: Business
Status: Closed
$950,000
Sale
Located at No. 572 on the corner of Presidente Ramirez Street and Muñoz Rivera Avenue in the vibrant Baldrich Development of Hato Rey, San Juan, Puerto Rico, this commercial property presents an outstanding investment opportunity. Strategically positioned, the site benefits from excellent visibility and steady traffic along Muñoz Rivera Avenue, enhancing its accessibility and appeal for commercial use. This 5,878-square-foot building features a mostly reinforced concrete structure with two stories, comprising a ground floor area of 4,267 square feet and a second level of 1,611 square feet. Ample parking is provided with five exterior surface spaces and a 728-square-foot carport accommodating an additional 4 to 5 stalls, including back-to-back parking, for a total capacity of approximately 10 vehicles. The 921.75 square meter lot enjoys a unique trapezoidal shape on a corner site, with C-2 commercial zoning in a minimal-floodable area (Advisory X), offering diverse redevelopment options. The property’s highest and best use includes restoring it for commercial office purposes, or redeveloping the site for various commercial endeavors, such as fast food, retail, a showroom, car dealership, or carwash. Additionally, its strategic location and zoning make it a viable site for residential building development. Available for long-term lease or sale, this property stands as a versatile investment in Hato Rey, one of San Juan’s most active and accessible districts.
Address: 572 Munoz Rivera Ave MUNOZ RIVERA AVE AVE San Juan, Puerto Rico 00918

Additional Details

Exterior

Construction Materials
Concrete
Parking
Parking Spaces - 6 to 12

General

Days on Market
131

Area and Lot

Lot Size in Acres
3

Financial

Annual Tax
$0
HOA Fees
$0

Location

The property’s strategic location along major roadways, provides convenient connections to key commercial, educational, and recreational areas, supporting a wide array of commercial possibilities.

Agent

Myrna Ruiz Olmo

License: #15636
1055 Ashford Ave
San Juan Puerto Rico, 00907

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