Caribbean MLSReal Estate

Commercial Property for Sale in Naranjito, Puerto Rico

Not published

The brief

The reason to consider it.

This is a two-story commercial property with a mezzanine, located in Naranjito, Puerto Rico. It offers approximately 4,000 square feet of space, including retail/office areas on the ground floor and a 3-bedroom, 2-bathroom apartment on the upper level. The building has a sturdy structure and is ready for renovation, allowing for complete customization for various uses such as professional offices, retail, long-term rental projects, or a combination of commercial and residential purposes. Ideal for investors or businesses seeking a prime location with remodeling potential.

Last confirmed

Year built
1960
Type
Commercial
Land
4,004 ft²
Use
Mixed use
Lettable area
3,993 ft²
Parking
0

What this listing includes

  • Parking
  • Kitchen
  • Storage

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law