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Office Units with Parking
For Sale
$350,000

Rio Grande, PR 00745, Rio Grande, PR 00745

Commercial Space, Rio Grande, PR

Property Size3,290 SF
Lot Size0.01 Acres
Price / SF$106.38
Days on Market32

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Others
Exterior features Quiet Area
Subdivision Villas De Rio Grande (Urbanizacio
Standard status Active
Lot size 0.01 Acres

Building Details

Year built 1975
Listing Agency: Keller Williams Grand Homes · Keller Williams Realty
Listed By: Orbe Soto
Added: Aug 28 Changed: Sep 21 Last Checked: Sep 28 at 1:06AM
MLS# 61995

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Investment Insights

Based on property information with market context.

This Rio Grande commercial property contains three concrete office units totaling 3,290 square feet. The 1,875-square-foot Unit 1 is vacant and includes a waiting room, reception area, four offices, a kitchen, and two bathrooms. One office has its own exterior entrance. Unit 2 measures 615 square feet and is occupied by a barbershop under a lease that began in January. The 800-square-foot Unit 3 includes a waiting and reception area, three private offices, a kitchen, and two bathrooms; its current tenancy is scheduled to end in August.

The property provides six parking spaces along the front and additional parking at the rear. Each unit has its own electricity meter, while water is supplied through a shared system supported by a 200-gallon backup cistern. The location offers access to downtown, shopping centers, and medical services in Rio Grande.

Key Highlights

  • 3,290‑square‑foot property with 3 concrete office units
  • Unit 1: 1,875 square feet, vacant, with 4 offices and 2 bathrooms
  • Unit 2: 615 square feet, occupied by a barbershop under a lease begun in January

Property Analytics

Current Use

Office Units

Lease Details

3
Office units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Demographics for 00745, PR

47,718
Population
23,062
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
80%
High-School Grad
60.7 sq mi
ZIP Area
786
Density / Sq Mi
$26,980
Median Household Income
$19,596
Median Earnings
$580
Median Rent
$129,800
Median Home Value

Market

Vacancy Rate% for Office in the U.S.

13% 2019
15.4% 2020
16.8% 2021
18.2% 2022
19.7% 2023
20.9% 2024
20.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three concrete office units offer flexible occupancy, existing tenancy, and separate electrical metering.
Where is this office units located?
The property is located at Rio Grande, PR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,290‑square‑foot property with 3 concrete office units; Unit 1: 1,875 square feet, vacant, with 4 offices and 2 bathrooms; Unit 2: 615 square feet, occupied by a barbershop under a lease begun in January
More about this property
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