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Office Spaces-Mix Use Building 49-51 Ave. Main Santa Rosa Dev. Bayamon 3,897 SF 75% Leased Office Building Bayamon, PR 00959 $395,000 ($101.36/SF) 12.30% Cap Rate

INVESTMENT HIGHLIGHTS
- High visibility property with constant vehicle traffic
- Tenant diversity: legal, health, aesthetics, accounting
- Strong demand for professional commercial space in the area
EXECUTIVE SUMMARY
Investment Opportunity – Commercial Building in Bayamón
1. Property Overview
Excellent opportunity to acquire a strategically located commercial office building on Main
Avenue, Santa Rosa, Bayamón. This property is ideal for both investors and professionals
seeking to operate their business while generating rental income.
2. General Information - Address: Blq. 51 No. 49 Main Avenue, Santa Rosa, Bayamón, PR 00959 - Gross Building Area (GBA): 3,900.08 SF - Rentable Area: 3,809 SF - Site Area: 3,673 SF (341 m²) - Parking: 5 spaces available - Zoning: RC-M (Residential-Commercial Mixed Use) - Year Built: 1980 - Condition: Overall good condition, partially occupied (75%)
3. Current Condition and Occupancy - Occupancy: 75% leased (6 tenants, 938 SF available) - Current Uses: Professional offices, beauty, health, and accounting services - Lease Terms: Month-to-month (flexible)
4. Income and Potential Return - Current Income: $36,000 annually - Market Rental Potential: $13.50/SF (based on local comparables) - Projected Potential Income: $48,580 annually - Cap Rate with current rents (range and average): 8.20% - 8.74%, average 8.47% - Estimated Cap Rate: up to 12.3% based on projected income
5. Investment Advantages - High visibility property with constant vehicle traffic - Strong demand for professional commercial space in the area - Tenant diversity: legal, health, aesthetics, accounting - Potential for partial or full owner occupancy depending on buyer profile
6. Price and Contact Information - Current Asking Price: $395,000 (subject to change depending on offers received) - Financing: Commercial loan or cash purchase - Available Documentation: Rent Roll, building sketch/plan, photos
Contact:
Orlando J. Velez, Real Estate Broker Lic. C-23151
Tel: 787-391-6952
Email: orlandojvelez@hotmail.com, puravidapr03@gmail.com
1. Property Overview
Excellent opportunity to acquire a strategically located commercial office building on Main
Avenue, Santa Rosa, Bayamón. This property is ideal for both investors and professionals
seeking to operate their business while generating rental income.
2. General Information - Address: Blq. 51 No. 49 Main Avenue, Santa Rosa, Bayamón, PR 00959 - Gross Building Area (GBA): 3,900.08 SF - Rentable Area: 3,809 SF - Site Area: 3,673 SF (341 m²) - Parking: 5 spaces available - Zoning: RC-M (Residential-Commercial Mixed Use) - Year Built: 1980 - Condition: Overall good condition, partially occupied (75%)
3. Current Condition and Occupancy - Occupancy: 75% leased (6 tenants, 938 SF available) - Current Uses: Professional offices, beauty, health, and accounting services - Lease Terms: Month-to-month (flexible)
4. Income and Potential Return - Current Income: $36,000 annually - Market Rental Potential: $13.50/SF (based on local comparables) - Projected Potential Income: $48,580 annually - Cap Rate with current rents (range and average): 8.20% - 8.74%, average 8.47% - Estimated Cap Rate: up to 12.3% based on projected income
5. Investment Advantages - High visibility property with constant vehicle traffic - Strong demand for professional commercial space in the area - Tenant diversity: legal, health, aesthetics, accounting - Potential for partial or full owner occupancy depending on buyer profile
6. Price and Contact Information - Current Asking Price: $395,000 (subject to change depending on offers received) - Financing: Commercial loan or cash purchase - Available Documentation: Rent Roll, building sketch/plan, photos
Contact:
Orlando J. Velez, Real Estate Broker Lic. C-23151
Tel: 787-391-6952
Email: orlandojvelez@hotmail.com, puravidapr03@gmail.com
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,897 SF
Building Class
C
Year Built
1980
Price
$395,000
Price Per SF
$101.36
Cap Rate
12.30%
NOI
$48,585
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,948 SF
Building FAR
1.06
Lot Size
0.08 AC
Parking
7 Spaces (1.8 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- See Rent Roll on Brochure
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| See Rent Roll on Brochure | Services | - | - | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Orlando Velez
Office Spaces-Mix Use Building | 49-51 Ave. Main Santa Rosa Dev. Bayamon
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