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$ 1,500,000
$ 2,000,000 25.0%
27,221 SqFt
$ 1,500,000
$ 2,000,000 25.0%
27,221 SqFt
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 27,221 sqft
Price per Sqft $55
MLS Listing ID PR9114485
Sold Date 09/03/25
HOA Y/N No
Year Built 1973
Lot Size 2.400 Acres
Acres 2.4
Property Sub-Type Warehouse
Source Stellar MLS
Property Description
Commercial Property with Great Potential – Highway #2, Arecibo
Income-Generating Property
We present an excellent investment opportunity: a commercial property strategically located on Highway #2 in Arecibo, directly facing the ocean, with high visibility and direct access – ideal for commercial or tourism development.
Land area: 4,085 m² + 5,660.22 m²
Building: Reinforced concrete structure with two floors and a basement, with a total construction area of 27,221 ft²
Zoning: C-I (Commercial)
Most viable use: General commercial use. Potential for hotel conversion and eligible for government incentives.
Building Layout:
First Floor: Commercial space with terrazzo floors and acoustic ceiling
Second Floor: Office space with polished concrete floors
Basement: Storage area with roll-up metal door and polished concrete floors
Parking: Open area with capacity for multiple vehicles
Prime oceanfront location, ideal for attracting both vehicle and tourist traffic. Just steps away from rapidly developing areas and economic growth zones in northern Puerto Rico.
Partially leased property, currently generating income.
Contact us today for more information or to schedule a private showing.
Location
State PR
County Arecibo
Area 00612 - Arecibo
Interior
Cooling None
Building
Foundation Block
Lot Size Range 2 to less than 5
Structure Type Block
New Construction false
Others
Ownership Corporation
Special Listing Condition None
Bought with STELLAR NON-MEMBER OFFICE
I have been selling all types of real estate since 1991. My consistent ranking in the top 5% of the nation among my peers, speaks to my level of expertise and dedication. I strive to stay on top of the latest trends and techniques in the constantly evolving world of real estate and offer the best customer service possible.