Listing Summary
HISTORIC BUILDING LOCATED ON ONE OF THE MAIN STREET IN OLD SAN JUAN WARD
Full Description
Premier Renovation Opportunity in Historic Old San Juan
This is a prime opportunity to acquire a historic three-level building located directly on one of the main streets in Old San Juan Ward—San Francisco Street—giving it excellent frontage and high visibility.
With a total Gross Building Area of 7,719 square feet, this property is situated in a high-value Commercial Zone Three (C-3). It is an ideal asset for investors looking to undertake a renovation project and elevate the property to its highest and best use.
Potential and Layout
The building's large scale offers versatile income potential:
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First Level: $3,030 \text{ sq. ft.}$ of prime space, perfect for high-end commercial, retail, or dining.
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Upper Levels: The second ($3,030 \text{ sq. ft.}$) and third ($1,659 \text{ sq. ft.}$) floors have great potential for short-term rentals (Airbnb) or boutique hotel development.
Investment Status
The building is priced as a renovation project for an investor ready to upgrade the structure to modern standards. Upon renovation, all utilities (electric power, potable water, telephone, and sanitary sewer) will need to be reconnected. The lot is level and rectangular, simplifying the renovation and development process.
Quick Glance
- Listing ID:
CL-Puerto Rico-26681
- Status:
Active
- Year Build:
1900
- Building Size:
3,432 SqFt
- Lot Size:
0.07 Acre