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Mixed-Use Property with Restaurant

Mayaguez, Urb Santa Maria, PR 00680

For Sale
$230,000

House, Mayaguez, Mayaguez, PR

Property Size3,000 SF
Lot Size0.01 Acres
Price / SF$76.67
Days on Market190

Property Features for Mayaguez

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C0-1
Bedrooms 7
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 7, Bathroom 2, Bedroom 6, Bathroom 8, Bedroom 1, Bedroom 5
Parking 1
Parking features Garage
Interior features Storage Space, Bar, Short term rentals allowed / air bnb
Exterior features Shopping Nearby, Recreation Nearby, Water Connection
Lot features Terrace, Meeting Room
Directions BALBOA #73 MAYAGUEZ PR
Subdivision Balboa (Barrio)
Standard status Active
Size 3,000 SF
Lot size 0.01 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Additional Details

Individually Metered Utilities electricity, water

Amenities

carport
storage space

Building Details

Year built 1950
Flooring type Cement
Roof type Wood, Concrete
Additional Structures Storage
Buildings 1
Listing Agency: Pedro Omar Realty
Listed By: Pedro Omar Gonzalez Silva
Added: May 5 Changed: Oct 29 Last Checked: Nov 10 at 12:06AM
MLS# 59572

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

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property contains approximately 3,000 square feet across a concrete first floor and a wood-framed second floor. The ground level includes a bar-style restaurant with kitchen and service equipment, refrigeration, furnishings, air conditioners, and inventory, along with a one-bedroom apartment positioned behind the business. Three additional apartments occupy the upper level, including two-bedroom and three-bedroom layouts with living, dining, kitchen, balcony, patio, or laundry features as described. Storage space and a carport are also included.

The property is located at 73 Balboa Street in Mayaguez, approximately 1 mile from UPRM University and about a 6-minute drive. Shops, services, and high-traffic areas are nearby. The site has 5 electric meters, 2 water meters, and a water connection, with C0-1 zoning. Built in 1950, the property has concrete and wood roofing components.

Key Highlights

  • Approximately 3,000 square feet with concrete and wood construction
  • Restaurant space includes refrigerators, freezer, stove, fryers, sinks, tables, chairs, and air conditioners
  • Four apartments, including 1-, 2-, and 3‑bedroom layouts

Property Analytics

Current Use

Bars & Pubs

Lease Details

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Demographics for 00680, PR

46,056
Population
25,228
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
75%
High-School Grad
64.3 sq mi
ZIP Area
716
Density / Sq Mi
$17,857
Median Household Income
$16,641
Median Earnings
$463
Median Rent
$101,300
Median Home Value

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Concrete commercial space and four residential units combine business operations with on-site housing and separate utility metering.
Where is this mixed-use property located?
The property is located at Mayaguez Urb Santa Maria, PR.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Approximately 3,000 square feet with concrete and wood construction; Restaurant space includes refrigerators, freezer, stove, fryers, sinks, tables, chairs, and air conditioners; Four apartments, including 1-, 2-, and 3‑bedroom layouts
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