Mixed-Use Retail and Live-Work
159 Calle Villa Ponce, PR 00716
159 Calle Villa, Ponce, PR, 00716
$275,000
For Sale
$275,000
Two-story mixed-use building with five independent spaces, four leased, including one available unit.
Property Size2,250 SF
Lot Size0.13 Acres
Price / SF$122.22
Days on Market56
Property Features for 159 Calle Villa
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 0.13 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1980
Listing agency
KELLER WILLIAMS GRAND HOMES
(787) 706-8400
Listed by
Fernando Rodriguez · License #19191
(787) 706-8400
Source
Compass
Added: May 28 Updated: Jul 22 at 12:29AM Checked: Jul 22 at 11:00AM
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 KELLER WILLIAMS GRAND HOMES
Investment Insights
Based on property information with market context.
This two-story mixed-use building includes five independent spaces: three commercial units on the first level and two spaces on the second level, with one residential and one commercial. The total built area across the five spaces is approximately 2,250 SF. Four of the five spaces are currently leased to established tenants with over five years in place, providing active cash flow. One unit remains available for immediate occupancy or additional rental income.
The property is situated on a lot of approximately 537 m² at 159 Calle Villa in Ponce’s commercial district. The building is served by two water meters, with one currently active. The setting is described as a high foot-and-vehicle-traffic area with surrounding active businesses and close proximity to downtown Ponce.
Income figures and lease details are available to qualified buyers upon request.
The property is situated on a lot of approximately 537 m² at 159 Calle Villa in Ponce’s commercial district. The building is served by two water meters, with one currently active. The setting is described as a high foot-and-vehicle-traffic area with surrounding active businesses and close proximity to downtown Ponce.
Income figures and lease details are available to qualified buyers upon request.
Key Highlights
- Two‑story mixed‑use building (built 1980) with five independent spaces: 3 commercial on the first level and 2 spaces on the second level
- Approximately 2,250 SF built area across five independent spaces, with four units currently leased and one unit available
- Several tenants have been in place for over five years, supporting current leased occupancy
Local Financial Insights For Mixed Use
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 | $35.1k | $15.60 |
| − Vacancy | −$4.4k | −$1.93 |
| EGI | $30.7k | $13.67 |
| − OpEx | −$11.5k | −$5.12 |
| NOI | $19.2k | $8.54 |
2,250 SF · lease $15.60/SF/yr · vacancy 12.40% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$274.5K
$240.2K – $320.3K
NOI $19,217 @ 7.0% cap · market cap 6.99%
Second Best
Office B
$257.8K
$225.6K – $300.8K
NOI $18,048 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$366.0K
$320.3K – $427.0K
NOI $25,620 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two-story mixed-use building with five independent spaces, four leased, including one available unit.
Where is this storefront property located?
The property is located at 159 Calle Villa Ponce, PR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑story mixed‑use building (built 1980) with five independent spaces: 3 commercial on the first level and 2 spaces on the second level; Approximately 2,250 SF built area across five independent spaces, with four units currently leased and one unit available; Several tenants have been in place for over five years, supporting current leased occupancy
