FOR SALE Mix Use Commercial Building in Carolina, Puerto Rico
Katherine Figueroa REALTOR® Katherine Figueroa REALTOR®
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 Published On Jul 25, 2023

Unique Caribbean Investment Opportunity! Mix Use Commercial Building for Sale with two residential units a few minutes away from the San Juan International Airport in San Juan, Puerto Rico.

Welcome to an extraordinary Commercial Building and Investment Opportunity situated in the coveted Paseo de Los Gigantes Avenue (formerly known as Monserrate Avenue) in Carolina, Puerto Rico.

This remarkable property features two commercial office spaces currently fully occupied, generating substantial income, and two additional short-term rental residential units used as an Airbnb.

The building comprises a two-story commercial office space spanning approximately 2,200 square feet, featuring three baths and a commercial safety vault. It is thoughtfully designed with two separate entrances and two internal staircases, providing seamless access to both building levels. In addition, the property offers convenient public parking spaces accessible through Paseo de Los Gigantes Avenue, as well as an additional entrance Via 6 Street in Villa Fontana.

Enhancing security and ease of use, all entrances are equipped with automatic aluminum rolling shutters and commercial awnings. The property sits on a substantial land area totaling 341.55 square meters, providing ample space for current and future business operations.

Moreover, this property presents a fantastic opportunity for additional income generation with two brand new fully furnished and equipped residential apartment units, currently utilized as successful Airbnb "short-term rentals." Flamingo Unit A offers a master suite, an additional bedroom, one bath, a spacious living area, dining space, A/C split units, hot water heater, and a well-appointed kitchen with gas stove. Flamingo Unit B comprises one bedroom, one bath, a comfortable living/kitchen combo area, and features aluminum rolling shutters and a private entrance through Via 6 in Villa Fontana. Five designated parking spaces on the residential entrance add to the convenience and attractiveness of these apartments.

Another notable feature is the prominent flagpole, offering great visibility and providing the perfect canvas to establish your commercial landmark in the esteemed Land of Giants, Carolina.

Strategically located, the property benefits from high daily traffic and offers easy access to downtown Carolina, Plaza Carolina Shopping Center, Baldorioty de Castro Highway - PR-26, PR 65, and Roberto Sanchez Vilella Highway - PR-66. Additionally, it is conveniently positioned just 5 miles away from the Luis Munoz Marin International Airport (SJU), as well as popular destinations like Isla Verde and Pinones Beach. The area is also near hotels, retail establishments, restaurants, medical centers, museums, schools, and various other points of interest, making it an ideal location for commercial enterprises.

As a foreign buyer, you can leverage the benefits provided by the Puerto Rico Investment Act, making this an exceptional opportunity to invest in a fully occupied income-producing property. Don't miss the chance to be part of Puerto Rico's thriving real estate market and capitalize on the advantages available to international investors. Contact us today to explore this outstanding property and unlock its full potential for your commercial ventures.

https://www.katherinefigueroa.realtor/

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