


$900,000
179 Ave Jose De Diego
Arecibo, PR 00612
Listing updated: August 24, 2026 at 4:30 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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)
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history171 days on market
- Status: ActiveMar 6, 2026
- Listed$975,000Mar 6, 2026
- Price reduced$900,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 171
- County
- Arecibo
- Year built
- 1970
- Price/sq ft
- $87
- Building area
- 10,288 sq ft (Appraiser)
- Lot size
- 4,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Parcel #
- 012-085-136-08-001
- MLS #
- PR9119730
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Heating & Cooling
- Cooling
- Central Air, None, Other
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Corporation
Exterior & Construction
- Construction materials
- Concrete
- Foundation
- Concrete Perimeter
- Road surface
- Asphalt
Listing Details
- Listing date
- 2026-03-06
- On market date
- 2026-03-06
- Original list price
- $975,000
- MLS area
- 00612 - Arecibo
- Listing AOR
- Puerto Rico
- Status changed
- 2026-03-06
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
179 Ave de Diego, Arecibo
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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