Details
Address:Corner of PR #178 & Principal St.Type:CommercialStyle:Lot / Land"Excellent Commercial Location "Lot Type:CornerLot Size:3,198 sq. m."Busy Corner Lot!"Has Suite:Potential
Description
This is an extraordinary investment opportunity. This prime piece of commercial real estate is strategically located near the heart of the beautiful city of Arroyo, PR off HY PR #3. The lot consists of approximately 3,198 square meters of flat, green land. It is completely fenced and sits on the corner of PR #178 and Principal Street, a high traffic intersection that provides both the ideal exposure and the vehicular volume for any successful commercial establishment. The property currently has approved plans for the construction of a large open building that would serve three national fast food chain restaurants including “drive-thru” facilities and required parking. One of these fast food chains has already provided a “Letter of Intent” to rent once the facilities are built. The surrounding area is very well populated with single family homes and offers nearby retail businesses such as gas/convenient service stations, a professional office complex, a local hospital and dental clinic, a post office, the city’s main produce market and a high school. The property is only a 1 minute drive to down town and the city’s “Malecon” or ocean front board walk. Start off your New Year with this great investment opportunity in the enchanted island of Puerto Rico! Call your REALTOR® today for more information and to schedule a viewing appointment.
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