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Estela Ramírez
er@pmipuertorico.comListed by Keller Williams Grand Homes
$ 140,000
Est. payment /mo
Active
8-16 CALLE GEORGETTI Toa Baja, PR 00949
2,954 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 2,954 sqft
Price per Sqft $47
MLS Listing ID 66792
Year Built 1969
Property Description
EXCEPTIONAL COMMERCIAL INVESTMENT OPPORTUNITY IN TOA BAJA! Just minutes from Dorado and its most exclusive area, this property offers exceptional versatility and a clear return on investment (ROI) potential. Located in the heart of Toa Baja and in an area of significant tourism growth, this mixed-use property is the perfect canvas for the visionary investor. Images include original photos and digital renderings (AI) of its remodeling potential. -Zoning Classification: CT and SU. This coding allows for Residential, Commercial, or Industrial use. -Property Area: 274.52 m2 (Approx. 2,954 sq ft). -Not located on a floodway. -Exact Coordinates: 18.44216511, -66.25383668. STRUCTURE DISTRIBUTION The property features a two-story concrete structure, ideal for maximizing multiple income streams: -First Level (Commercial Potential): Perfect for additional short- or long-term rental apartments, a restaurant, warehouse, or retail space. It includes a full bathroom and a half-bathroom, facilitating compliance with commercial codes. -Second Level (Residential/Tourist Potential): Apartment-style structure designed to generate income. It offers a flexible layout with 2 to 3 bedrooms, 1 full bathroom, living room, kitchen, laundry area, and balcony. INCOME GENERATION POTENTIAL This property is designed for profitability. Its CT zoning allows you to develop: -Short-Term Rentals (Airbnb/VRBO): Thanks to its location, the projected average in the area is $160 per night. -Mixed-Use Concept: Establish a food service or retail business on the first floor and generate income from the second level for long-term rentals or for tourists. -Service Development: Ideal for meeting the growing demand for offices or tourism services in the northern area. STRATEGIC LOCATION: THE BIGGEST ATTRACTION -Just 2 minutes from the Dorado Agro-Tourism and Ecological Park. -Minutes from the beaches of the northern area and the most exclusive residential developments in Dorado. -Immediate access to shopping centers, megastores, and medical offices. -A few minutes from the highway, quickly connecting to the San Juan Metropolitan Area. -Guaranteed tranquility in a safe area, yet with access to the northern area. Don't miss the opportunity to develop an investment property in Puerto Rico. Let's talk business. Contact me today to schedule a visit, discuss projections, and secure this property for your investment portfolio..
Location
State PR
Community Commercial Space
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