572 Munoz Rivera Ave MUNOZ RIVERA AVE AVENUE

Commercial Sale

$950,000

Property ID:

None

Year Built

1990

Lot Size

3 Square Feet

Description

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.

Additional Details

Cooling: None
MLS Area Major: 00918 - San Juan
MLS Status: Active
Street Number: 572 Munoz Rivera Ave
Directions: 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.
Days on Market: 0
Parking Features: 6 to 12 Spaces
On Market Date: 2025-06-07
State: PR
Levels: Two
Lot Size Area: 5878
Street Name: MUNOZ RIVERA AVE
Lot Features: Central Business District,Corner Lot
Lot Size Square Feet: 5878