This three story commercial property comprising 7,281 square feet is located right in the heart of town at the corner of Pedro Marquez and Castelar Streets. As one of the most visible commercial locations on the Island, the spaces attract excellent tenants.  The property will generate rental income, easily paying its own way, from the date of purchase. West side of the building

North side of the building as seen from the park and new market square

Pedro Marquez Street stretches from the ferry dock to the Ensenada Honda bay.  It is the main artery of the town and the center for all of the services on the Island including supermarkets, restaurants, bakery, bank, retail stores, post office, ferry dock, school and gas station.

Second floor corridor to offices

Street level central entry hall   Second floor reception area

Second floor meeting room

Second floor office Third floor apartment and view over the town from terrace

Second floor office

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In a nutshell:

Location: 37 Pedro Marquez Street, Dewey Ward of Island of Culebra, Puerto Rico
Lot Size: 191 square meters. The lot is rectangular and is located at the corner of Pedro Marquez and Castelar Streets
Form of ownership: Titled, corporate owner
Property Taxes: $1,070 per half year
Zoning: C-3. This "commercial center" designation allows a wide variety of commercial activities on all three floors.
Utilities: Municipal electricity (two meters), municipal water, telephone, all city services.
Construction: reinforced concrete and concrete block with wood roof
Size of enclosed areas and rooms: The structure consists of three levels totaling about 7,281 square feet.

• The ground level comprises about 2,000 square feet of enclosed space and features two retail spaces, two studio apartments that are appropriate for commercial or residential use, a central entry hall and reception area, storage and utility areas.
• The second floor comprises about 2,100 square feet of enclosed space and features four comfortable offices with various reception areas, meeting rooms, and rest rooms.
• The third floor features two residential apartments.  One has one bedroom and a giant covered deck overlooking the town and the other apartment has two bedrooms.

Special Features: Highly desirable and visible downtown commercial location in the center of activity at the corner of Pedro Marquez and Castelar Streets at a realistic price.  The structure is in very good condition and the retail and office spaces are rented to excellent tenants, guaranteeing income from the day of purchase.  Suitable for many commercial applications and mixed commercial and residential use.  More specific information is available to qualified buyers on request.  Please call or email.

Listing price: $775,000

Call Blue Horizon Realty at (787) 742-3298 or contact us via e-mail at Blue Horizon Realty Sandra E. Wagner, Broker                Puerto Rico License # 9616

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