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    Art Deco San Juan Commercial Building Title is generated by Realmo AI

    1812 AV PONCE DE LEON, San Juan 00909

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    Claim this Listing
    For Sale
    $1,150,000

    Mix, Building,Mix - San Juan, PR

    Property size:
    4,815 SF
    Lot size:
    300.00 Acres
    Price / SF:
    $238/SF
    Added:
    Oct 8, 2025
    Days on Market:
    257
    Last Refresh:
    Jun 21 at 7:06 am

    Property Features for 1812 AV PONCE DE LEON

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Others
    Standard status
    Active
    Size
    4,815 SF
    Lot size
    300.00 Acres

    Building Details

    Year built
    1925
    Architectural style
    Other

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    Listing Contact
    Orbe Soto

    Listing agent Orbe Soto

    Listing office Keller Williams Grand Homes Aldebaran 612, San Juan

    Listing date Oct 8, 2025

    MLS# 58446 Listing URL

    Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Location: In the heart of Santurce, with easy access to amenities.
    • Income‑Generating Ready: Fully remodeled commercial building with restaurant and apartments for immediate income.
    • Art Deco Architectural Gem: Unique Art Deco style with modern renovations.
    • Versatile Zoning: General Use Zoning (ZU‑G2) allows flexible use.
    • Turnkey Restaurant: Newly remodeled restaurant with a fully equipped kitchen and bar.
    • Flood Zone Safety: Located in Zone X, outside of flood‑prone areas.

    Overview

    Located in the Santurce sector of San Juan, this three-level Art Deco commercial building offers a blend of elegance and functionality. The completely remodeled and equipped building has a total construction area of 4,815 square feet and is ready to generate income. The first floor features a 2,297-square-foot newly remodeled restaurant with modern finishes, a dining room with a bar area, a fully equipped kitchen, two bathrooms, and access to the rear parking lot. It includes modern flooring, high ceilings, a camera and sound system, a 60 kW generator, and a 500-gallon cistern. The second floor offers a 1,259-square-foot completely remodeled, furnished, and equipped bohemian-style apartment with three bedrooms, two bathrooms, a living room, a kitchen, and a dining room. The third floor houses a 1,259-square-foot modern apartment with three bedrooms, one bathroom, a glass-walled living area, and a balcony with a Jacuzzi. The property includes paved parking for four vehicles and is located in Zone X, outside of flood-prone areas. The General Use Zoning (ZU-G2) allows for flexible commercial and residential uses. This property is located in a dynamic area of San Juan, near restaurants, art galleries, and cultural spaces, with easy access to main roads.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $115.6k $24.00
    − Vacancy −$5.5k −$1.15
    EGI $110.0k $22.85
    − OpEx −$27.5k −$5.71
    NOI $82.5k $17.14
    4,815 SF · lease $24.00/SF/yr · vacancy 4.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.18M
    $1.03M – $1.38M (±1% cap)
    NOI $82,510 @ 7.0% cap · market cap 7.17%
    Second Best
    Retail
    $1.10M
    $962.6K – $1.28M (±1% cap)
    NOI $77,009 @ 7.0% cap · market cap 6.70%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    San Juan
    County
    San Juan
    State
    Longitude
    -66.06145
    Latitude
    18.4403

    FAQs

    What type of property is this?
    Live-work space - Remodeled Art Deco building in Santurce with restaurant and apartments.
    Where is this live-work space located?
    The property is located at 1812 AV PONCE DE LEON San Juan.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Prime Location: In the heart of Santurce, with easy access to amenities.; Income‑Generating Ready: Fully remodeled commercial building with restaurant and apartments for immediate income.; Art Deco Architectural Gem: Unique Art Deco style with modern renovations.
    More about this property
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