Calle LoĆ­za Mixed-Use Property

2024 LOIZA STREET San Juan 00913

Claim this Listing
For Sale
$1,900,000

Mixed Use - SAN JUAN, PR

Type:Mixed Use
Property size:
5,954 SF
Lot size:
0.07 Acres
Price / SF:
$319/SF
Added:
Apr 15, 2026
Days on Market:
89
Last Refresh:
Jul 12 at 2:06 am

Property Features for 2024 LOIZA STREET

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
C2
Standard status
Active
APN
041-052-313-01-001
Size
5,954 SF
Lot size
0.07 Acres

Building Details

Year built
1980
Number of units
5
Building materials
Concrete
Architectural style
Other

Listing agent Arleane Merheb License #16499

Listing office ARLEANE MERHEB B-5 Calle Tabonuco Suite 216 P, Guaynabo

Listing date Apr 15, 2026

MLS# PR9120663 Listing URL

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


Investment Insights

Based on property information with market context.

This mixed-use commercial property is situated on a corner lot along Calle LoĆ­za in San Juan, PR. The structure encompasses a total of 5,954 square feet of construction on a 268 square meter lot. The building is distributed over two levels. The ground floor features three commercial spaces with high exposure and visibility. The second level includes two residential apartment units. The property is equipped with four electric meters and five water meters, allowing for flexible utility allocation across units. Zoned for mixed-use (commercial/residential), the property requires full renovation. It is located on one of the city’s most active commercial corridors, experiencing high vehicular and pedestrian traffic, and is surrounded by restaurants, retail establishments, and ongoing development. The property is being sold 'as-is', making it suitable for investors or developers looking to reposition the asset and maximize income potential.

Key Highlights

  • Prime location on Calle LoĆ­za, a high‑traffic commercial corridor in San Juan, PR.
  • Mixed‑use zoning offers flexible income potential.
  • 5,954 sq ft building with three commercial spaces and two residential units.

Local Financial Insights For 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 $142.9k $24.00
āˆ’ Vacancy āˆ’$6.9k āˆ’$1.15
EGI $136.0k $22.85
āˆ’ OpEx āˆ’$40.8k āˆ’$6.85
NOI $95.2k $15.99
5,954 SF Ā· lease $24.00/SF/yr Ā· vacancy 4.80% Ā· expense 30.00%

Alternative Uses

Best Use
Retail
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,226 @ 7.0% cap Ā· market cap 5.01%
Second Best
Mixed Use
$1.21M
$1.06M – $1.42M (±1% cap)
NOI $85,023 @ 7.0% cap Ā· market cap 4.47%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,028 @ 7.0% cap Ā· market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
Mixed-use property - Mixed-use property on Calle LoĆ­za with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 2024 LOIZA STREET San Juan.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Prime location on Calle LoĆ­za, a high‑traffic commercial corridor in San Juan, PR.; Mixed‑use zoning offers flexible income potential.; 5,954 sq ft building with three commercial spaces and two residential units.
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