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Mixed-Use Property with Garage

CARR #2 KM. HM 42.5 PR BO. ALGARROBO, Urb Santa Maria, PR 00693

For Sale
$1,150,000

Commercial Sale, VEGA BAJA, PRI

Property SizeContact for details
Lot Size1.06 Acres
Days on Market54

Property Features for CARR #2 KM. HM 42.5 PR BO. ALGARROBO

General Information

Property type Commercial Sale
Property subtype Other
Directions via Autop. Jose de Diego/PR-22 W San Juan Get on Expreso Las Americas/PR-18 in Eleanor Roosevelt Follow Autop. Jose de Diego/PR-22 W to PR-137 in Vega Baja. Take exit 42 from Autop. Jose de Diego/PR-22 W Continue on PR-137 to your destination Tatloanis Village BO Algarrobo Adentro, PR-2 Km 42.3, Vega Baja
Subdivision 00693 - Vega Baja
Standard status Active
APN 035-072-003-67-001
Lot size 1.06 Acres

Utilities

Sewer type Septic Tank
Water source Public

Amenities

recreational areas

Building Details

Year built 1990
Building materials Block, Concrete, Metal Frame, Metal Siding
Listing Agency: CARIBBEAN REALTY
Listed By: Edward Irizarry Johnson · License PR #19305
Added: Sep 18 Changed: Oct 20 Last Checked: Nov 10 at 3:06AM
MLS# PR9124308

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property in Vega Baja combines seven Airbnb units with two commercial units, creating a blend of lodging and business space. The improvements also include a 5-vehicle garage and spacious recreational areas. The property encompasses approximately 4,000 m2 of land, equivalent to 1.06 acres, and was constructed in 1990 using block, concrete, metal frame, and metal siding materials.

Positioned along Highway 2 at Carr. #2 Km. Hm 42.5 in the Algarrobo area, the property has exposure along one of Vega Baja’s main thoroughfares. Public water and a septic tank serve the site. Its combination of short-term rental accommodations, commercial units, land, and vehicle storage supports multiple property uses within one asset.

Key Highlights

  • Seven Airbnb units currently operate on the property
  • Two commercial units included
  • Approximately 4,000 m2 of land, or 1.06 acres

Property Analytics

Current Use

Short term rental ...

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Demographics for 00693, PR

56,095
Population
26,376
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
78%
High-School Grad
44.4 sq mi
ZIP Area
1,263
Density / Sq Mi
$24,072
Median Household Income
$20,517
Median Earnings
$600
Median Rent
$117,900
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 - Income-producing property combining short-term lodging, commercial space, recreational areas, and on-site vehicle storage.
Where is this mixed-use property located?
The property is located at CARR #2 KM. HM 42.5 PR BO. ALGARROBO Urb Santa Maria, PR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Seven Airbnb units currently operate on the property; Two commercial units included; Approximately 4,000 m2 of land, or 1.06 acres
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