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Mixed-Use Property with Commercial Space

11 LAS VEGAS DEVELOPMENT Catano 00962

Claim this Listing
For Sale
$185,000

Mixed Use - CATANO, PR

Type:Mixed Use
Property size:
680 SF
Lot size:
0.06 Acres
Price / SF:
$272/SF
Added:
Mar 10, 2026
Days on Market:
125
Last Refresh:
Jul 12 at 5:06 am

Property Features for 11 LAS VEGAS DEVELOPMENT

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
C-I
Standard status
Active
APN
061-017-194-62-001
Size
680 SF
Lot size
0.06 Acres

Building Details

Year built
1970
Building materials
Concrete
Architectural style
Other

Listing agent Angelica Alvarez Castañeda License #8555

Listing office REALITY REALTY 1253 Ave. Fernandez Juncos, San Juan

Listing date Mar 10, 2026

MLS# PR9119899 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.


Investment Insights

Based on property information with market context.

This mixed-use property includes a commercial space of approximately 680 square feet, currently leased and operating as a barbershop. The commercial space features one full bathroom, an additional area suitable for storage or other purposes, and four parking spaces. The residential unit includes a living room, dining room, and kitchen, along with two bedrooms that have the potential to be converted into three. The residential unit also has one bathroom, an additional room ideal for an office or storage, a laundry area, and a spacious balcony that wraps around two sides of the unit, providing excellent ventilation and natural light. The property is located in a central and easily accessible area near major roadways such as Expressway 22 and Río Hondo Expressway. It is also close to schools, supermarkets, pharmacies, medical services, and recreational areas. This property is suitable for investors, entrepreneurs, or families who wish to combine home and business in one place or generate income through commercial rental. The lot size is 0.06 acres. The zoning is C-I.

Key Highlights

  • Commercial space (680 sq ft) currently leased as a barbershop, providing immediate income potential.
  • Prime location with easy access to Expressway 22 and Río Hondo Expressway, near essential amenities.
  • Residential unit with two bedrooms (convertible to three), offering flexibility for family living.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.3k $24.00
− Vacancy −$783 −$1.15
EGI $15.5k $22.85
− OpEx −$4.7k −$6.85
NOI $10.9k $15.99
680 SF · lease $24.00/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$155.4K
$136.0K – $181.3K (±1% cap)
NOI $10,876 @ 7.0% cap · market cap 5.88%
Second Best
Mixed Use
$138.7K
$121.4K – $161.8K (±1% cap)
NOI $9,710 @ 7.0% cap · market cap 5.25%
Theoretical Best
Specialty Retail
$166.5K
$145.7K – $194.2K (±1% cap)
NOI $11,652 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring commercial space and residential unit.
Where is this mixed-use property located?
The property is located at 11 LAS VEGAS DEVELOPMENT Catano.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Commercial space (680 sq ft) currently leased as a barbershop, providing immediate income potential.; Prime location with easy access to Expressway 22 and Río Hondo Expressway, near essential amenities.; Residential unit with **two bedrooms (convertible to three)**, offering flexibility for family living.
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