260 CONSTITUCION, San Juan 00901
Mixed Use - SAN JUAN, PR
- Added:
- Feb 22, 2025
- Days on Market:
- 482
- Last Refresh:
- Jun 19 at 3:06 pm
Property Features for 260 CONSTITUCION
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Standard status
- Active
- APN
- 04000512806001
- Size
- 7,800 SF
- Lot size
- 0.07 Acres
Building Details
- Year built
- 1920
- Building materials
- Block, Concrete
- Architectural style
- Other
Listing agent Mayte Sotomayor Alonso License #17905 (787) 782-4444
Listing office MARES - MANAGEMENT REALTY EXPERT J-12 1 ST, SAN JUAN (939) 287-7097
Listing date Feb 22, 2025
Copyright © 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.
HighLights
- Completely occupied 12‑unit building generating stable income.
- Strategic location minutes from Old San Juan on a high‑visibility avenue.
- Two commercial spaces on the ground floor with excellent exposure.
- Potential for short‑term or long‑term rentals with government incentives for hospitality.
- Seven one‑bedroom, one‑bathroom apartments and two two‑bedroom, one‑bathroom apartments.
- 13 water meters and 13 electricity meters for efficient management.
Overview
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 | $140.4k | $18.00 |
| − Vacancy | −$11.2k | −$1.44 |
| EGI | $129.2k | $16.56 |
| − OpEx | −$38.8k | −$4.97 |
| NOI | $90.4k | $11.59 |
Alternative Uses
Current Use by Public Records
Map
- City
- San Juan
- County
- San Juan
- State
- Longitude
- -66.099
- Latitude
- 18.465