Commercial Sale · Mixed Use
179 AVE JOSE DE DIEGO, ARECIBO, PR, 00612
Active158 days on marketListed Mar 6, 2026MLS #PR9119730
About this property
The property at a glance
Commercial Investment Opportunity – Three-Building in Downtown Arecibo Located in the historic Downtown Arecibo, three commercial buildings located at José de Diego Avenue, one of the main commercial corridor in the area. A unique opportunity for investors, developers or owner seeking income producing assets with redevelopment potential. Sale Price: $975,000 – Sold As-Is Addresses: #179, #181, and #183 José de Diego Avenue, Arecibo, Puerto Rico Property Overview Total Buildings: Three (3) commercial buildings Total Building Area: Approx. 19,112 sq. ft. Zoning: Commercial (C-1 and C-2) Flood Zone: Zone X (Non-Flood Area) Annual CRIM Property Taxes: $12,420 (for all three properties) Building #1 – Development Opportunity 179 José de Diego Avenue Structure: 3 levels Building Area: 8,824 sq. ft. Lot Size: 542.18 m² Zoning: Commercial C-2 Flood Zone: Zone X Property Notes: Currently vacant Requires renovation and rehabilitation This building presents significant development potential for commercial, office, mixed-use or residential conversion. Buildings #2 & #3 – Income-Producing Asset 181–183 José de Diego Avenue Two adjacent commercial buildings currently leased, providing stable rental income. Structure: 3 levels Total Building Area: 10,288 sq. ft. Lot Size: 542.18 m² Zoning: Commercial C-1 Elevator: Yes Roof: Recently treated (2024) Additional Features: Water cistern Electrical substation located on the rooftop Leasable Area: Approx. 8,200 sq. ft. Investment Highlights ? Prime location in Historic Downtown Arecibo ? Elevator and recently treated roof in the income-producing property ? Non-flood zone (Zone X)
10,288
Building sq ft
$95
Price / sq ft
0
Lot acres
1970
Year built
3
Buildings
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$5,438/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Jasmine to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
Consumer profile
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Recent sales
What actually sold near 179 AVE JOSE DE DIEGO
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,500,000
ROAD #2 KM. 78.6 CARRETERA #2
Sold Sep 3, 2025
Your team
The pros in your corner
Your agent
Jasmine Ince
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 179 AVE JOSE DE DIEGO — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 179 AVE JOSE DE DIEGO.
See it in person
Schedule a tour
Live availability from Jasmine's calendar — pick a time and it's booked.
Listing courtesy of IRW CONCIERGE SERVICES LLC · Charlene Mercado Millan. MLS #PR9119730.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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