160 CALLE ALBIZUS CAMPO, LARES, PR 00669, Lares, Lares 00601

PROPERTY: 2 BUILDINGS on 1515 M2 of LAND (ASK FOR THE VIDEO) I- 3 LEVEL BUILDING WITH ELEVATOR (Approx... 14,000p2) Year of construction 2002 a- Road level (central floor)- Hardware store and agricultural house (managed by owner). Includes all inventory (approx. $400k net inventory, $600k net inventory rough). It doesn't pay electricity as it runs with a 16-plate solar system, battery and inverter. It doesn't pay for water because it runs with rainwater. It has 3 cisterns of 400 gallons connected to the system. b- Third floor- Activities room (Not rented since the pandemic) (It was rented for $1000 per activity). It has kitchen, bar and bathrooms. c- Level 1 (at the back of the building) - Contains: a- An apartment (1/1) that used to be a medical equipment office and is now where the owner lives. (600p2) b- Medical equipment office rented for $400/month (600p2) c- Three additional connected spaces that can be arranged, divided and rent or can be used for storage. The hardware store was located in this space. previously. (ALL RENTED) d- Parking space for 45 cars. 15 in front of the building, 30 at the back e- Huge basement under the parking lot that serves as a warehouse. d- Additional wood and cement warehouse located at the rear of the building. e- Separate electricity meters. For each unit. f- Freight elevator for the 3 floors. II- Building 2 (two units) (approx. 600 p2 per floor) a- First floor (road level) - Contains open space with bathroom and small kitchen. It can be used as a warehouse or become an office for the hardware store or for rent. b- Second floor- rented to a congregation for $400/month. Additional Information: Taxes - $10,000/year (you currently owe $100,000 in taxes to be paid on the sale) Insurance- $3,000/year Maintenance- Between $2,000 and $3,000 a year Electricity- Tenants pay their electricity. Each unit has its separate counter. Water – Two water meters for everyone. Water is not paid. collection system is used rain water. Employees- The hardware store had two employees and the owner. At the moment only the owner. Mortgage Debt – You currently have a mortgage of $300,000. Any debt will be paid closing. ASK FOR THE VIDEO!!..