71 Santiago R Palmer, San German, PR 00683

Live or work in a piece of Puerto Rican history. This stunning building, located at #71 Calle Santiago R. Palmer in Mayagüez, has been carefully remodeled and restored, preserving its historical essence while offering all modern comforts. Although currently used for commercial purposes, it can be easily adapted to its original roots as a home. The lot measures 80.248 square meters, while the living space offers 689 square feetof adaptable space. The property is suitable for either a home or a business with distinctive character. Enjoy the tranquility of an interior garden, the functionality of a kitchen, and the versatility of its rooms. The natural light that fills every corner not only beautifies the space but also helps minimize electricity costs. This beautiful 18th-century structure has a tax exemption, granted under the Built Historical Heritage Program of the Institute of Puerto Rican Culture. The property includes two air conditioning units, a stovetop, a microwave, and a tankless water heater. You'll also benefit from a total exemption from property taxes (CRIM) and a preferential rate of 4% on net rental income payable to the Department of the Treasury if the property is rented out, either fully or partially. This is a great incentive that recognizes the importance of this historic building. Don't miss this opportunity to own a property with history, charm, and significant advantages.