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)..
Listed By
Agency Name: GAP Real Estate
Agency Phone: 787 649-2907
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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Pr 150 Sector Hato Puerco Abajo, Villalba, Unit Km 3.8 | MLS# 63403
This commercial property located at Pr 150 Sector Hato Puerco Abajo, Villalba, Unit Km 3.8, Villalba, PR 00766 is currently listed for sale with an asking price of $2,200,000. Search Villalba real estate on www.clhomes.com today.