Prime Location Development Site in Condado - FOR SALE

Corner of Magdalena Ave and Manuel Rodriguez Serra St , Condado, PR 00917

  • For Sale $6,700,000
  • Property Type VacantLand
  • Lot Size 0.59 Acre
  • Date Updated Mar 18, 2025
The property is situated in the Condado sector of San Juan, a prime area known for its central urban setting. It is surrounded by a variety of amenities, including restaurants, hotels, fast food outlets, banks, grocery stores, and pharmacies. Ashford Hospital, a key landmark, is just two blocks away. Nearby are also schools such as Robinson School and St. Johns, and the Stella Maris Church. The site is located at the northwestern corner of Magdalena Avenue and Rodriguez Serra Street, outside of flood-prone areas, and is easily accessible with all utilities and services available.This property currently serves as a surface parking lot with space for approximately 80 vehicles, generating steady income. It spans 2,406.56 square meters and is zoned residential (R), which allows for high-density development in line with the surrounding area. The location offers a unique opportunity for investors or developers, as there is high demand for new housing and limited new construction. This site promises quick absorption and rising residential values. The seller is motivated, offering a strategic investment opportunity in this prime location.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

  • Site Area: 2,406.56 square meters, equivalent to 25,904 square feet and/or 0.59 acres.
  • Zoning: Residential (R)
  • Flood Classification: Zone X (Outside of Flood Prone Area)
  • Site Coordinates: 18.4545757, - 66.0677145
  • Property Tax Id: 040-040-015-23

Contacts

broker

Christiansen Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
Powered by Walk Score ®
  • City Condado, PR
  • Neighborhood Condado
  • Zip Code 00917

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    2.22 miles

  • Universidad (Plaza Universitaria)

    3.65 miles

  • Universidad (Museo)

    3.65 miles

  • Río Piedras

    3.97 miles

  • Centro Médico

    4.39 miles

  • Cupey

    4.46 miles

  • Martínez Nadal

    4.92 miles

  • Deportivo

    6.80 miles

  • Mobil

    0.29 miles

  • Puma

    0.33 miles

  • Total

    0.51 miles

  • 76

    0.70 miles

  • Ecomaxx

    0.71 miles

  • Gulf

    0.73 miles

  • Texaco

    0.79 miles

  • Blink

    4.07 miles

  • Tesla Supercharger

    4.12 miles

  • Condominio San José

    0.04 miles

  • Via Appia's Deli Parking

    0.05 miles

  • Parking Plaza de la Libertad

    0.05 miles

  • BPPR Parking

    0.06 miles

  • Magdalena Parking

    0.24 miles

  • D'Antonio Parking, Inc.

    0.27 miles

  • Valera

    0.28 miles

  • Estacionamiento COOPEEM

    0.33 miles

  • Multipiso Arquitecto Antonio Miró Montilla

    0.40 miles

  • Parking de Isa

    0.43 miles

  • AC Hotel San Juan Condado

    0.07 miles

  • Mango Mansion

    0.15 miles

  • Avila Guest House

    0.17 miles

  • Casa del Caribe Inn

    0.17 miles

  • San Juan Marriott Resort & Stellaris Casino

    0.22 miles

  • Hotel Iberia

    0.23 miles

  • Best Western Plus Condado Palm

    0.27 miles

  • Sandy Beach Hotel

    0.29 miles

  • DoubleTree by Hilton Hotel San Juan

    0.32 miles

  • Casa Condado Hotel

    0.33 miles

  • The Place

    0.03 miles

  • Crush Juice Bar

    0.03 miles

  • La Bodeguita de Manolo

    0.04 miles

  • Burger King

    0.06 miles

  • Restaurante Antonio

    0.07 miles

  • La Cantina Argentina

    0.07 miles

  • Via Appia's Restaurant

    0.08 miles

  • Tijuana's Bar & Grill

    0.09 miles

  • La Hacienda Foods Condado

    0.09 miles

  • Ruben's Cafe

    0.09 miles

  • Robinson School

    0.17 miles

  • Saint John's School

    0.18 miles

  • Escuela Julián E. Blanco Sosa

    0.28 miles

  • Escuela Madame Lucchetti

    0.35 miles

  • Central High School

    0.46 miles

  • Colegio Episcopal San Juan Bautista

    0.47 miles

  • Colegio San Jorge

    0.48 miles

  • Century College, Inc.

    0.50 miles

  • Ballets de San Juan

    0.50 miles

  • Academia Sagrado Corazón

    0.52 miles

  • Humpty Dumpty

    0.19 miles

  • Kolorín Day Care

    0.67 miles

  • Kolorines

    0.87 miles

  • Roses Day Care

    0.88 miles

  • La canasta de Emanuel

    0.92 miles

  • The Tree House

    1.03 miles

  • Little Angels Pre School

    1.10 miles

  • Ocean Park Kids

    1.17 miles

  • Taller Infantil

    1.21 miles

  • Little Genius

    1.82 miles

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Christiansen Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.