OLD SAN JUAN, PR 00901

Property

Ownership: Fee Simple
Type: mixed-use
Lot Size: 0.1 Acres

Financials

Price:$4,800,000
Annual Taxes:$9,330
Listing Courtesy of VIDA URBANA

An incredible and rarely available opportunity to acquire a 6 story building perfectly positioned for premium Mixed Use development Luxury Apartments, Boutique Hotel, or Corporate Headquarters.

Description

An incredible and rarely available opportunity to acquire a 6-story building perfectly positioned for premium Mixed-Use development (Luxury Apartments, Boutique Hotel, or Corporate Headquarters). Situated on the Prime Commercial Corridor of Fortaleza Street, guaranteeing high foot traffic and exceptional visibility. Six expansive floors, totaling 24,000 square feet (4,000 SF per floor), offering immense design flexibility. Each floor opens to a unique interior open atrium, flooding the space with natural light and optimizing cross-ventilation—a feature critical for high-end residential and hospitality design. Includes an existing, non-operational elevator shaft/structure. In Old San Juan, this rare feature dramatically bypasses the significant bureaucratic hurdles and complex permitting process typically required for new vertical transportation, saving months of time and substantial cost. Features an operational retail store on the ground floor, providing immediate income to offset carrying costs during the planning and permitting phase.

Amenities

  • Public

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.