Prime Hospitality & Mixed-Use Opportunity @ Old San Juan

Investment Overview

Located in the heart of historic Old San Juan, this five-story commercial property consists of approximately 10,055 square feet of building area situated on an approximately 172-square-meter lot along the highly active corridor of Recinto Sur and Calle Tetuán. The property presents an exceptional redevelopment opportunity for investors seeking to capitalize on the growing demand for hospitality, short-term rental, multifamily, and mixed-use opportunities within one of Puerto Rico’s most iconic destinations. The building currently features a ground-floor commercial space operating as a restaurant, providing an established retail component that can complement a future redevelopment project. The upper floors offer flexibility for conversion into a boutique hotel, short-term rental units, independent apartments, or other hospitality and residential concepts, allowing investors to maximize the property's potential within the Old San Juan market. The building’s location provides a unique setting surrounded by historic architecture, government institutions, boutique shops, restaurants, department stores, hotels, and cultural attractions. Its prominent position offers excellent exposure and accessibility within a high-demand urban environment characterized by significant pedestrian activity and a diverse mix of commercial and tourism-related uses. The property also benefits from its proximity to the Old San Juan cruise port, supporting additional pedestrian and visitor traffic. With its prime location, existing commercial component, and flexible redevelopment potential, this property represents a rare opportunity to acquire an asset in one of San Juan’s most desirable and established neighborhoods.

Investment Highlights

• Gross Building Area: 10,055 SF
• Site Area: Approx. 172 SM
• CRIM #: 040-002-065-14-001
• Zoning: SU (Urban Land)
• Flood: X (minimal flood hazard area)
• Five-story commercial building
• Ground-floor restaurant currently in operation
• Potential for boutique hotel, short-term rental units, independent apartments, or mixed-use development
• Prime location in the heart of Old San Juan
• Walking distance to El Morro, La Fortaleza, and Paseo de la Princesa
• Coordinates: 18.46487506, -66.11300184