CALLE DR CUETO Apt: 47
PR

Property

Ownership: For Sale
Type: House
Bedrooms: 2 BR
Bathrooms: 2
Area: 3000 sq ft
Lot Size: 204 sq ft

Financials

Price:$99,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Venta Casas PR LLC

CALLE DR CUETO House Utuado

Description

MIXED-USE BUILDING IN UTUADO — $99,000 | CASH ONLY Investment opportunity in La Playita, near the urban center of Utuado. Two-story property with approximately 2,855 sq ft of construction on a lot of approximately 203.69 sq m. The first floor offers approximately 1,553 sq ft distributed between two commercial spaces. The second floor contains a residential unit of approximately 1,302 sq ft with a living room, dining room, kitchen, laundry room, bathroom, and bedrooms. Its configuration allows for combining business and residence, occupying part and renting part, or developing a mixed-use rental strategy. According to the planning information included in the 2021 appraisal, the property is located in Urban Land (SU) and has a CI, Intermediate Commercial zoning. Permitted uses in this district, subject to compatibility, permits, and applicable requirements, include: professional offices; pharmacy; bakery; commercial laundry; services; and the production and sale of handicrafts. Enclosed bicycle and appliance repair shops; sewing and embroidery; light industry without detrimental impacts on adjacent areas; retail and wholesale; prepared food sales, including alcoholic beverages; museum; theater; funeral home; noise-proof animal hospital; institutional, civic, and cultural uses; automobile showroom and sales; car rental; gas station; and residential use. Certain uses require evaluation and authorization by exception, including businesses primarily engaged in alcoholic beverages or entertainment; ancillary activities such as artistic performances, live music, karaoke, jukeboxes, or DJs; and certain renewable energy projects. No use is represented as automatically authorized. At $99,000, the price equates to approximately $34.68 per square foot of construction. An attractive alternative for investors, business owners, contractors, or buyers who recognize the potential of a commercial and residential property. The property requires repairs, maintenance, and updating. It is being sold strictly AS IS / WHERE IS. The buyer must verify the property's physical condition, size, ownership, current zoning rating, permits, parking, utilities, and feasibility of the proposed use with the appropriate agencies. Property located in FEMA Zone AE. CASH ONLY. Not subject to mortgage financing or appraisal. Verifiable proof of funds is required before scheduling visits or considering offers. Andrés González Rodríguez, Real Estate Broker | Lic. C-16028 Venta Casas PR LLC | 787-905-5959..

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.