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Furnished Office Suite

1396 CALLE BONITA, Ponce, PR 00716

For Sale
$170,000

A professional workspace offers private offices, meeting space, and furniture for an immediate business setup.

Property Size861 SF
Price / SF$197.44
Days on Market225

Property Features for 1396 CALLE BONITA

General Information

Standard status Active
Size 861 SF
Property subtype Office

Space & Availability

Floor First Floor
Condition Move-in Ready
Furnished Yes

Additional Details

Property Use Office

Building Details

Building Size 861 SF
Year Built 2010
Listing Agency: BLASINI REALTY GROUP
Listed By: Uma Blasini · License #20671
Source: Micorredor
Added: Mar 30 Changed: Nov 8 Last Checked: Nov 8 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BLASINI REALTY GROUP

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Investment Insights

Based on property information with market context.

Located on the first floor of the Buenavista Building, Suite 104-C at 1396 Calle Bonita in Ponce contains 861 square feet. The renovated, furnished office includes four private offices, a reception area, a conference room, a kitchenette, and one bathroom. The conference area is furnished with a table and four chairs; kitchenette appliances include a toaster, microwave, mini-fridge, and water cooler.

Three inverter air conditioners and two plasma TVs are installed. The suite also includes four desks, twelve chairs, a waiting-room cabinet, a horizontal metal filing cabinet, fire extinguishers, closets, window blinds, and modern trim. Parking is available at the front and side of the building.

The property is near Centro del Sur Shopping Center, Avenida Las Americas, and the Ponce Bypass. The building was constructed in 2010.

Key Highlights

  • 861‑square‑foot office suite in the Buenavista Building
  • Four private offices, reception area, conference room, kitchenette, and bathroom
  • Furnished with four desks, twelve chairs, conference table, and office storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,906
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,120 $138.1K
Cap Rate 7%
$98,657 $98.7K
Cap Rate 9%
$76,733 $76.7K
Market Conditions
NOI Build-Up for 861 SF
Gross rent
$11.9K $13.80/SF
− Vacancy
−$2.7K −$3.11/SF
EGI
$9.2K $10.70/SF
− OpEx
−$2.3K −$2.67/SF
NOI
$6.9K $8.02/SF
Area
Ponce, PR
Vacancy
22.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,120
Cap Rate 7%
$98,657
Cap Rate 9%
$76,733

Alternative Uses

Best Use
Office B
$98.7K
$86.3K – $115.1K (±1% cap)
NOI $6,906 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$140.1K
$122.6K – $163.4K (±1% cap)
NOI $9,804 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Demographics for 00716, PR

28,423
Population
14,174
Households
2
Avg Household Size
46
Median Age
36%
College-Educated
82%
High-School Grad
8.7 sq mi
ZIP Area
3,267
Density / Sq Mi
$19,522
Median Household Income
$20,045
Median Earnings
$511
Median Rent
$119,800
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

Frequently Asked Questions

What type of property is this?
Office unit - A professional workspace offers private offices, meeting space, and furniture for an immediate business setup.
Where is this office unit located?
The property is located at 1396 CALLE BONITA Ponce, PR.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 861‑square‑foot office suite in the Buenavista Building; Four private offices, reception area, conference room, kitchenette, and bathroom; Furnished with four desks, twelve chairs, conference table, and office storage
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