Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    315 ROOSEVELT AVE San Juan 00918

    View on Map
    Claim this Listing
    For Lease
    $8,500/Mo $15 SF/Yr (calc)

    Retail - SAN JUAN, PR

    Type:Retail
    Property size:
    6,706 SF
    Lot size:
    0.25 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    58
    Last Refresh:
    May 6 at 12:06 am

    Property Features for 315 ROOSEVELT AVE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    06205008604001
    Size
    6,706 SF
    Lot size
    0.25 Acres

    Utilities

    Cooling system
    Ductless, Multi Units

    Building Details

    Year built
    1960
    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Leon Winer
    Leon Winer

    Listing agent Leon Winer License #03937

    Listing office WINER PROPERTY GROUP PO Box 190858

    Listing date Mar 10, 2026

    MLS# PR9119235 Listing URL

    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.

    Overview

    Modern Showroom Building For Rent

    This remodeled, modern two-story showroom building is located on Roosevelt Avenue, two blocks from Plaza Las Americas. The first floor offers 2,860 square feet of store space, complemented by a 772-square-foot garage. The second floor provides an additional 3,074 square feet of store space, bringing the total property size to 6,706 square feet. The property is situated on a 0.25-acre lot. It is ideally suited for a boutique, furniture store, or lighting store. The building features a full frameless glass storefront and includes six parking spaces in the front, plus three spaces in the garage, which is equipped with a roll-up door. Nearby establishments include Novo Stilo, McDonalds, Popeyes, and Suizeria.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Map

    City
    San Juan
    County
    San Juan
    State
    Longitude
    -66.1061
    Latitude
    18.4683

    Nearby Similar for Lease

    • $4,499/Mo

      San Juan Office Space Rental

      Commercial office space for rent in Santurce, San Juan.
      8 AVE. JUAN PONCE DE LEON, San Juan, 00909
      View Details
    • $3,000/Mo

      Versatile Office & Warehouse Space

      Combined office and warehouse space in a prime, accessible location.
      177 CALLE ROMERILLO, SAN JUAN, 00927
      View Details
    • $1,500/Mo

      Modern Office Space For Rent

      Modern office space for rent in prime San Juan location.
      177 CALLE ROMERILLO, SAN JUAN, 00927
      View Details
    • $4,200/Mo

      San Juan Commercial Space Available

      Commercial spaces for lease on Avenida Ponce de León.
      1203 PONCE DE LEON, San Juan, 00907
      View Details
    • $1,950/Mo

      Versatile Commercial Space in San Juan

      1,000 sq ft space in Caparra Heights, San Juan.
      Caparra Heights J-42 ESCORIAL AVENUE, SAN JUAN, 00920
      View Details
    • $6,500/Mo

      San Juan Office Space Available

      Well-designed office space near Convention District with parking.
      644 FERNANDEZ JUNCOS, SAN JUAN, 00907
      View Details
    • $5,499/Mo

      Hato Rey Office Space

      3,000 SF office space in the heart of Hato Rey.
      141 O'NEILL, San Juan, 00918
      View Details
    • $1,300/Mo

      Remodeled Commercial Space Near Loiza

      Remodeled commercial space for rent, excellent condition and location.
      110 CALLE TAPIA 110, San Juan, 00911
      View Details
    • $2,500/Mo

      San Juan Medical Office Space

      Medical office space available in San Juan, PR.
      706 AVE. PONCE DE LEÓN, San Juan, 00918
      View Details
    • $3,500/Mo

      San Juan Commercial Building For Rent

      Commercial building in a highly accessible area, ideal for business.
      CALLE LOAIZA CORDERO, San Juan, 00918
      View Details
    • $3,500/Mo

      Prime Commercial Space in San Juan

      Versatile commercial space in high-traffic San Juan location.
      1107 AVENIDA ROOSEVELT, SAN JUAN, 00920
      View Details
    • $6,000/Mo

      Hato Rey Office Space

      High-profile office space in San Juan's financial district.
      421 MUÑOZ RIVERA AVE, SAN JUAN, 00918
      View Details

    FAQs

    What type of property is this?
    Showroom - Remodeled two-story showroom near Plaza Las Americas, ideal for retail.
    Where is this showroom located?
    The property is located at 315 ROOSEVELT AVE San Juan.
    What is the lease rate?
    The lease rate is $8,500 /Mo.
    What are key features of this property?
    This property features: Prime location: Just 2 blocks from Plaza Las Americas, next to Novo Stilo, McDonalds, Popeyes, and Suizeria.; Substantial retail space: 2,860 sf on the first floor and 3,074 sf on the second floor.; Modern, remodeled showroom building.
    (787) 632-4300
    We can help!
    Listing Contact
    Leon Winer
    Leon Winer
    Real Estate License ID: 03937
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    315 ROOSEVELT AVE, SAN JUAN, 00918
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!