State Route 123, Ponce, PR 00728

Property Description La Gran Hacienda Hotel is a remodeled historical property encompassing over 12,500 sq. ft. and over 2 acres of land in Ponce, Puerto Rico. The property counts with a Puerto Rico Tourism Company Act 60 preliminary decree including its ten (10) existing finished units as a guesthouse or it can be amended to fully operate as a hotel with the completion of five additional units in shell condition. La Gran Hacienda Hotel is set to be launched as a boutique guesthouse or hotel with a strong component as an international wedding destination venue, special events venue, wellness center and more. The property enjoys commercial tourism zoning allowing a wide diversity of uses. The property has been completely remodeled to its original architecture and significant improvements appraised over two million dollars have been invested to develop it. Currently, ten units are available with their individual bathrooms. This property is very well positioned to complete its current development conceptualization as a boutique guesthouse or hotel with a strong destination wedding and event venue component. Alternatively, this property has the potential to serve as a single-family home or be converted into a wellness care center, an elderly care center or similar uses. The distance from the property to the Plaza de Ponce core is approximately 7.7 km or a fifteen-minute drive via PR-123 and Calle Victoria. Location Description La Gran Hacienda property is located in the Magueyes Ward of the Municipality of Ponce, Puerto Rico's second largest city, and is accessible via PR-123. The distance from the property to the Plaza de Ponce is approximately 7.7 km or a fifteen-minute drive via PR-123 and Calle Victoria. Highlights La Gran Hacienda Hotel Property is a highly unique commercial & touristic asset Total Land Area of main parcel for sale is 2 Cuerdas, equivalent to 7,860 square meters, plus an adjacent lot of 729 sm also for sale Gross Building Area encompasses over 12,500 sq. ft. Best & Highest Use(s): Hospitality, Boutique Hotel, Destination Tourism, Chef inspired restaurant, Single Family Residence, Wellness Center, Care Center, and more. Property is zoned as Commercial Touristic EH-1 & CT Total Number of units or keys consists of 10 Bedrooms and 10 Bathrooms Ground Floor counts with 3 Bedrooms & 3 Bathrooms First Floor counts with 4 Bedrooms & 4 Bathrooms Second Floor counts with 2 Bedrooms & 2 Bathrooms Honeymoon Villa counts with 1 Bedroom & 1 Bathroom The property counts with a Puerto Rico Tourism Company Act 60 preliminary decree including its ten (10) existing finished units as a guesthouse or it can be amended to fully operate as a hotel with the completion of five additional units in shell condition. Cadaster Number is 364-077-005-11-001 Located at Magueyes ward in the Municipality of Ponce, Puerto Rico Frontage & Access via PR-123 Coordinates: 18.373, -66.664419 Landscaping investments also include the planting of over 300 trees ranging from cacao (44), china valenciana (44), podacarpus (30), Surynan Cherry (100), flamboyanes (7), avocados (5), etc. Brand new custom furniture, plus construction equipment & materials is also part of the sale