Commercial Building - Ponce
📍Santiago de los caballeros Ave, Ponce, PR
• Income producing property
• Area: 95,526 sq ft
• Lot size: 4 acres + 1 additional undeveloped acre
• Zoning: DC-AR
• Parking spaces: 300
• Stories: Three-3
Commercial building for sale in Ponce. The 95,526 square foot property is composed of a three-story building and an additional structure that features a cafeteria and mechanical equipment.
It is an income producing property, 70% of the income produced by the rent enjoys tax exemption, as per PR Internal Revenue Code of 2011 Section 1031.02(a)(35)(f).
It is currently occupied by the Ponce regional offices and outpatient clinic of “La Corporación del Fondo del Seguro del Estado” since it was built in 1995, lease expires on June 30, 2025.
The facility provides service to 15 municipalities in the south of Puerto Rico.
Property is being sold “as-is" condition.
