Situated at the intersection of Calle Nueva Palma and Calle America adjoining PR 2, which is the main north-south traffic corridor in and out of Condado in the Santurce district of San Juan, this commercial property offers a significant redevelopment opportunity. The site covers an area of approximately 5,000 square feet +/-(subject to survey verification) and level topography and is an L-shaped site, allowing for diverse design possibilities.

The property currently contains structure at the end of its economic life, presenting the opportunity for removal and redevelopment by a new owner. It will make an excellent site for the assemblage of surrounding parcels to enhance the value of the land through plottage.

Zoned ZU-G5, a general zoning category in Santurce, the site permits a wide range of commercial uses. This flexibility makes it an ideal location for various business ventures, including retail spaces, office buildings, or other commercial projects. This zoning may also allow for some residential uses.

This listing is focused on the land and its redevelopment potential. There is no value in any structure on the site. Interested parties are advised to conduct thorough due diligence to verify site details and explore the property’s full potential.

For inquiries or to arrange a viewing, please contact the listing broker.