Published on: Friday, October 24, 2025
Updated on: Friday, October 24, 2025
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Name: Marylyn Salva
Company: REMAX ZONE
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Cell Phone: (787) 380-3296
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  Three-story Reinforced Concrete Building
1108 LAS PALMAS AVE. San Juan Puerto Rico , 00907
1108 LAS PALMAS AVE. San Juan Puerto Rico , 00907  REMAX ZONE
Listing ID: CL-Puerto Rico-26677 Mixed Use/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Puerto Rico-26677
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1950
Building Size: 12,099.00 SqFt
Lot Size: 0.27 Acre
No of Stories: 3
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Three-story reinforced concrete building offers a total of 19,619 square feet of gross building area and features six commercial units--two on each floor--designed for flexible use.
Complete Details
Year Build: 1950
Building Size: 12,099 SqFt.
No of Stories: 3
Total Lot Area: 0.27 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Cooling Only
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Multi-Tenant Commercial Building with Development Potential

 

This is a solid investment opportunity to acquire a large, three-story commercial building in a high-demand area. Constructed of reinforced concrete, the property offers an expansive 19,619 square feet of gross building area, providing substantial scale for various operations.

The structure is designed for maximum flexibility, featuring six distinct commercial units (two on each floor). Currently in usable condition, the building allows for immediate operation while offering the option for future improvements and renovations.

Accessibility is excellent, with parking available for approximately 15 vehicles at the rear and side of the building. Its layout and strategic location make it perfectly suited for a wide range of uses, including large professional offices, a retail center, or a future mixed-use development.

 

Additional Properties
Property Highlights
  • Large Commercial Scale: Features a substantial 19,619 square feet of gross building area across thre
  • Flexible Multi-Tenant Layout: Configured with six independent commercial units (two per floor) for diverse income streams or business uses.
  • Durable Construction: Built with reinforced concrete, providing a stable and long-lasting structure.
  • Immediate Usability: The building is in usable condition, allowing for immediate operation and cash flow generation.
  • Excellent Accessibility: Includes dedicated parking for approximately 15 vehicles at the rear and side of the building.
Features
  • Latitude: 18.44571257 - Longitude: -66.07784364
  • Directions: Get on Expreso Román Baldorioty de Castro/PR-26 from Marginal Aeropuerto 3 min (2.0 km) Continue on Expreso Román Baldorioty de Castro/PR-26 to Santurce, San Juan. Take the Expreso John F. Kennedy exit from Expreso Luis Muñoz Rivera/PR-1 N 6
  • Cooling: Ductless
  • Flood Zone Code: X
  • Construction: Block, Concrete
  • Foundation: Concrete Perimeter
  • Lot Description: 1/4 to less than 1/2
Listing Location
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Listing ID: CL-Puerto Rico-26679
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Category: Retail - Mixed Use
Status: Accepting Offers
Created On: 10/24/2025
Modified On: 10/24/2025
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Title: 12-Unit Building in a Strategic Location
Address: 260 CONSTITUCION , San Juan Puerto Rico 00901
Listing ID: CL-Puerto Rico-26676
Listing Type: Commercial
Category: Retail - Mixed Use
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Created On: 10/24/2025
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260 CONSTITUCION , San Juan Puerto Rico 00901
Title: Commercial land for Sale
Address: 480 CALLE S. TOSADO , Quebradillas Puerto Rico 00678
Listing ID: CL-Puerto Rico-26673
Listing Type: Commercial
Category: Land - Commercial
Status: Accepting Offers
Created On: 10/24/2025
Modified On: 10/24/2025
480 CALLE S. TOSADO , Quebradillas Puerto Rico 00678
Title: Excellent investment opportunity in Cabo Rojo
Address: Km 5.8 CARR 311 , Cabo Rojo Puerto Rico 00623
Listing ID: CL-Puerto Rico-26671
Listing Type: Commercial
Category: Retail - Mixed Use
Status: Accepting Offers
Created On: 10/24/2025
Modified On: 10/24/2025
Km 5.8 CARR 311 , Cabo Rojo Puerto Rico 00623
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