SAN JUAN, PR 00901

Property

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

Financials

Price:$3,500,000
Annual Taxes:$4,616.48
Listing Courtesy of RE/MAX-ZONE: ZONA METRO & ISLA REALTY

A historic mixed use building located on Tetuán St.

Description

A historic mixed-use building located on Tetuán St. in Old San Juan. It consists of 2 commercial units and 10 residential apartments, all currently occupied, offering a combination of commercial and residential income from a single property. Located in one of Old San Juan’s most renowned historic and commercial districts, the building is surrounded by restaurants, shops, hotels, offices, institutions, and cultural attractions, with access to public parking in the area. The property is not subject to HOA fees. FEMA Zone: X (minimal or moderate risk). Zoning: C-3 (Residential/Commercial). Annual CRIM payment: approx. $4,616.48 (without exemption). An application for the corresponding certification has been filed with the Puerto Rico Institute of Culture to obtain a tax exemption for the building. This property is an excellent investment opportunity for those seeking to acquire an entire building with existing income and long-term growth potential in Old San Juan.

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.