Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Ponce, PR Title is generated by Realmo AI

    86 UNION STREET, Ponce 00731

    View on Map
    Claim this Listing
    For Lease
    $10 SF/Yr $3,333/Mo (calc)

    Retail - PONCE, PR

    Type:Retail
    Property size:
    4,000 SF
    Lot size:
    0.10 Acres
    Added:
    Feb 11, 2019
    Days on Market:
    2662
    Last Refresh:
    May 27 at 9:06 pm

    Property Features for 86 UNION STREET

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    433-455-667-66-990
    Size
    4,000 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1990
    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Leon Winer
    Leon Winer

    Listing agent Leon Winer License #03937

    Listing office WINER PROPERTY GROUP PO Box 190858

    Listing date Feb 11, 2019

    MLS# PR0000339 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Retail space for rent in Ponce
    • Rent price: $10.00 /sf/yr net
    • GLA: 4,000 sf
    • Concrete construction
    • Year Built: 1990
    • Location Coordinates: [-66.614456, 18.012478]

    Overview

    This retail space, located in Ponce, PR, offers 4,000 square feet of GLA (Gross Leasable Area). The property is categorized as retail space and is available for rent at a rate of $10.00 per square foot per year, net. The lot size is 0.1 acres and is located at 86 Union Street, Ponce, PR 00731.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Ponce
    County
    Ponce
    State
    Longitude
    -66.614457
    Latitude
    18.012477

    Nearby Similar for Lease

    • $1,700/Mo
      861 SF

      Move-In Ready Ponce Office Space

      Renovated, furnished office with strategic location in Ponce, PR.
      1396 CALLE BONITA, PONCE, 00716
      View Details
    • $5,000/Mo
      1,229 SF

      Renovated Office Space in Ponce

      Fully renovated office space with parking on Avenida Las Américas.
      2822 AVE LAS AMÉRICAS, PONCE, 00717
      View Details
    • $1,500/Mo
      4,097 SF

      Commercial Space in Historic Hotel

      Commercial space for rent in the heart of Ponce.
      75 CRISTINA, PONCE, 00730
      View Details
    • $1,800/Mo
      15,381 SF

      Turnkey Restaurant Space in Ponce

      Restaurant space in Hotel Fox, Ponce's Historic District.
      88 CALLE REINA ST, PONCE, 00730
      View Details
    • $1,900/Mo
      9,416 SF

      Renovated Mixed-Use Space in Ponce

      Spacious, renovated commercial property in Ponce's Historic District.
      2844 AV ROOSEVELT, PONCE, 00716
      View Details
    • $3,900/Mo
      3,983 SF

      Commercial Premises on Fagot Avenue

      Two-level commercial property in Ponce, ready for immediate occupancy.
      Calle 1 Blq A JARDINES DE FAGOT, PONCE, 00716
      View Details
    • $10 SF/Yr
      68,959 SF

      Ponce Industrial Property for Lease

      Industrial property with office and warehouse space in Ponce, PR.
      22 SABANETAS INDUSTRIAL PARK, PONCE, 00731
      View Details
    • $4,300/Mo
      15,000 SF

      Equipped Restaurant Space in Ponce

      Restaurant space for rent in prime Ponce location.
      86 CALLE REINA ST, PONCE, 00730
      View Details
    • $14 SF/Yr
      153,499 SF

      Santa Maria Shopping Center Spaces

      Retail and office spaces available for rent in Ponce.
      1 FERROCARRIL, PONCE, 00728
      View Details
    • $2,000/Mo
      200 SF

      Meliá Hotel Restaurant Space

      Restaurant space for rent in the emblematic Meliá Hotel.
      75 CALLE CRISTINA, PONCE, 00730
      View Details
    • $8 SF/Yr
      40,000 SF

      Ponce Warehouse in Reparada Park

      40,000 SF warehouse for rent in Ponce.
      20 REPARADA INDUSTRIAL PARK, 4TH ST. LOT 20, PONCE, 00731
      View Details
    • $3,500/Mo
      4,500 SF

      Corner Commercial Property in Ponce

      Large mixed-use property with parking near Plaza las Delicias.
      Local 2 Edificio Zamora MAYOR CANTERA ST, PONCE, 00730
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for rent in Ponce, Puerto Rico.
    Where is this retail space located?
    The property is located at 86 UNION STREET Ponce.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Retail space for rent in Ponce; Rent price: $10.00 /sf/yr net; GLA: **4,000 sf**
    (787) 632-4300
    We can help!
    Listing Contact
    Leon Winer
    Leon Winer
    Real Estate License ID: 03937
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    86 UNION STREET, PONCE, 00731
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!