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Listed by GAP Real Estate
$ 2,200,000
Est. payment /mo
Active
PR 150 SECTOR HATO PUERCO ABAJO, VILLALBA #Km 3.8 Villalba, PR 00766
12,238 SqFt
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 12,238 sqft
Price per Sqft $179
MLS Listing ID 63403
Year Built 2012
Property Description
The property currently generates $9,000 monthly in confirmed gross income ($5,500 for the arena + $3,500 for the restaurant), with additional potential by leasing a 1,824 sq ft commercial space and a 1,200 sq ft bar currently under renovation. This is an excellent opportunity to increase cash flow without structural expansion. A prime commercial investment opportunity is available at the renowned Villalba Cockfighting Arena, located on PR-150, Km 3.3, Barrio Hato Puerco, Villalba, Puerto Rico. The property consists of a single lot with multiple structures, including three buildings at the front and an additional structure at the rear, all constructed of reinforced concrete and concrete blocks. The complex features a fully equipped cockfighting arena of approximately 6,714 sq ft, seating for 265 spectators, 297 lockers, a professional sound system, over 30 televisions, a surveillance system with 40+ security cameras, and four industrial air conditioning units (10 tons each). The coliseum also includes a large bar and various entertainment spaces, enhancing its commercial appeal and income potential. Currently, the cockfighting arena is leased, generating a monthly income of $5,500. It also includes: a separate restaurant of approximately 2,500 square feet, currently leased for $3,500 per month, with a fully equipped kitchen, air-conditioned dining area, two (2) restrooms, an outdoor terrace, and separate water and electricity meters; an additional commercial area of approximately 1,824 square feet, ideal for lease or complementary use; and an additional bar area under renovation, approximately 1,200 square feet, with an open terrace and private lounge, available for lease or complementary use. The property sits on a 6,529.97 square meter lot, with ample parking and excellent visibility on a high-traffic main road. Ideal for investors seeking an income-generating commercial asset with additional spaces ready to be optimized and increase returns (subject to permits)..
Location
State PR
Community Building
Exterior
Garage Spaces 50.0
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PMI Puerto Rico
Broker License ID: E-283