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Published on: Monday, October 27, 2025
Updated on: Monday, October 27, 2025
About the Lister
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Name: Marylyn Salva
Company: REMAX ZONE
Office Phone:  
Cell Phone: (787) 380-3296
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Financing  Business  Material

  Fantastic Investment Opportunity in Condominio Tetuan in ...

351 CALLE TETUAN San Juan Puerto Rico , 00901
351 CALLE TETUAN San Juan Puerto Rico                                                                                         , 00901  REMAX ZONE
Listing ID: CL-Puerto Rico-26695 Mixed Use/Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Puerto Rico-26695
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1900
Building Size: 3,433.00 SqFt
Lot Size: 0.08 Acre
No of Stories: 2
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Discover a fantastic investment opportunity in Condominio Tetuan in Old San Juan.
Complete Details
Year Build: 1900
Building Size: 3,433 SqFt.
No of Stories: 2
Total Lot Area: 0.08 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Versatile Mixed-Use Investment in Old San Juan

 


Discover a fantastic and strategic investment opportunity in Condominio Tetuan in the heart of Old San Juan. This mixed-use, four-story building features two spacious, contiguous units (3A and 3B) that combine for a generous total of $3,433.23 \text{ square feet}$.

 

Key Features and Flexibility

 

The property is currently configured for commercial use as a legal office, including a reception area and separate private offices. However, the layout allows for easy conversion into high-demand residential apartments. Shared amenities between the units include two bathrooms and a small kitchen, and both units benefit from shared access to the building's elevator.

The location is exceptional, situated just 0.01 miles from nearby parking garages and positioned for high tenant appeal. Adding to its financial attractiveness, the property qualifies for a tax exemption on rental income, enhancing profitability. This is a versatile asset ready for either professional or residential use.


 

Additional Properties
Property Highlights
  • Tax-Exempt Rental Income: Qualifies for a valuable tax exemption on rental income, significantly boosting investor returns.
  • Strategic Old San Juan Location: Located in Condominio Tetuan, just steps (0.01 miles) from convenient parking garages.
  • Spacious Contiguous Units: Features two units (3A: $1,618.79 \text{ sq ft}$ & 3B: $1,814.44 \text{ sq ft}$) combining for a substantial $3,433.23 \text{ total square feet}$.
  • Flexible Conversion Potential: Currently a professional office (legal office), with easy potential to convert the large space into desirable residential apartments.
  • Building Amenities: Includes shared access to the building's elevator, simplifying access for all tenants and uses.
Features
  • Latitude: 18.46507 - Longitude: -66.11299
  • Directions: From Luis Munoz Marin International Airport: 1- Get on Expreso Román Baldorioty de Castro/PR-26 from Marginal Aeropuerto; 3 min (2.0 km) 2- Merge onto Expreso Román Baldorioty de Castro/PR-26; 6 min (7.3 km) 3- Continue on Av. Manuel Fernánde
  • Flood Zone Code: C3
  • Road Description: City Street
Listing Location
Lister's other Properties
Address: 315 LUNA N #2-B, OLD , San Juan Puerto Rico 00901
Listing ID: RL-Puerto Rico-27127
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 12/12/2025
Modified On: 12/12/2025
315 LUNA N #2-B, OLD , San Juan Puerto Rico                                                                                          00901
Address: 1 A-17 SANTA ISIDRA 4 , Fajardo Puerto Rico 00738
Listing ID: RL-Puerto Rico-27125
Listing Type: Residential
Category: Residential Type - Single Family
Status: Accepting Offers
Created On: 12/11/2025
Modified On: 12/13/2025
1 A-17 SANTA ISIDRA 4 , Fajardo Puerto Rico                                                                                          00738
Address: 51 CRISTO #APT 2 , San Juan Puerto Rico 00901
Listing ID: RL-Puerto Rico-27087
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 12/3/2025
Modified On: 12/3/2025
51 CRISTO #APT 2 , San Juan Puerto Rico                                                                                          00901
Address: 315 LUNA ST., MAESTRO RAFAEL CORDERO COND. #2-A , San Juan Puerto Rico 00901
Listing ID: RL-Puerto Rico-27083
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 12/2/2025
Modified On: 12/2/2025
315 LUNA ST., MAESTRO RAFAEL CORDERO COND. #2-A , San Juan Puerto Rico                                                                                          00901
Address: CALLE BLANCA CHICO 181 BARRIO PUEBLO , Adjuntas Puerto Rico 00676
Listing ID: CL-Puerto Rico-27082
Listing Type: Commercial
Category: Retail - Free Standing
Status: Accepting Offers
Created On: 12/2/2025
Modified On: 12/2/2025
CALLE BLANCA CHICO 181 BARRIO PUEBLO , Adjuntas Puerto Rico                                                                                          00676
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