47 GAUTIER BENITEZ AVE Pending

Caguas,PR 00725

$ 2800000

- Bed

0 Bath

53405 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 53,405 sqft

Price per Sqft $52

Subdivision Caguas Community Shopping Center

MLS Listing ID PR9109680

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1950

Annual Tax Amount $39,938

Lot Size 2.050 Acres

Acres 2.05

Property Description

Prime Investment Opportunity – Shopping Center with Established Tenants and Income Growth Potential. This shopping center is a great investment opportunity, currently generating steady income from well-known tenants like Planet Fitness, Island Finance, Mario's Pizza, and Trend Nails. There are two available spaces that with great potential for increased revenue. One space is 4,472 sf., and the other is an end-cap unit in excellent condition with 6,920 sf., plus a mezzanine and loading dock. These units present significant opportunities for expanding the center's income stream. Additionally, the property includes a second floor with approximately 13,000 sf of undeveloped space, providing even more potential for growth and additional revenue. Located in the heart of Caguas' urban town core, next to the vibrant Paseo Gautier Benitez, the center boasts ample parking with a lot and garage accommodating 112 vehicles, plus 4 handicap spaces. The total size of the center is 53,000 sq. ft., making this a prime opportunity for both current income and future development.

Location

State PR

County Caguas

Community Caguas Community Shopping Center

Zoning CC

Interior

Cooling Other

Flooring Other

Exterior

Parking Features Ground Level,Over 30 Spaces,Secured,Underground

Community Features Sidewalks

Utilities Available Electricity Available,Other,Phone Available,Public,Water Connected

Roof Type Membrane

Building

Lot Description Corner Lot,Shopping Center,Sidewalk,Paved

Entry Level Multi/Split

Foundation Basement,Slab

Lot Size Range 2 to less than 5

Water Public

Structure Type Block,Cement Siding,Metal Frame

New Construction false

Construction Status No Contingency

Others

Ownership Corporation

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition None

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