Real Estate & Homes for Sale

Address not disclosed Caguas, PR 00726

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$2,500,000
Caguas, PR 00726
34254 sq. ft. , 0.50 acres
Last Updated: 11/27/2011

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Description

COMMERCIAL PROPERTY + APPROVED BUSINESS CONCERN

COMMERCIAL PROPERTY LOCATED IN CAGUAS CITY, P.R. + APPROVED BUSINESS CONCERN: Prospective family entertainment center, including: ice skating rink for 182 skaters simultaneously, gulf course, social activities room, video games lounge, and cafeteria. Proposed location strategically positioned in Caguas City, town center commercial zoned site. 630 parking lots available at walking distance. Permits and municipal tax credit certificate approved under Law 212 of August 29, 2002 (Revitalization of Urban Centers), for construction and business operation. Location: Corner, two-story building, consisting of 34,254 square feet. The site comprise 2,108 square meters, with level topography. First operational year projected NOI: $1,059,663. Projected business investment (construction and equipment): $2,300,000,to be incurred by the buyer. Building was appraised $1.8M. At 30 minutes, with highway access, from the San Juan Metropolitan Area. Don't miss this extraordinary commercial property + business opportunity! Call today: Ana Raquel Alvelo 787-810-7979, L-6381.

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Offered By

Ana Raquel Alvelo
Agent: (787)810-7979