Office Unit with
For Sale
$185,000
San Juan, PR 00918, San Juan, PR 00918
Commercial Space, San Juan, PR
Property Size780 SF
Lot Size0.12 Acres
Price / SF$237.18
Days on Market48
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Interior features
Alarm, Storage Space
Exterior features
Shopping Nearby, View - Street
Directions
Take Av. Ing. Manuel Domenech and Calle Carlos F Chardon to Avenida Arterial Hostos in Martin Pena. Turn left onto Avenida Arterial Hostos. Destination will be on the right: Galeria 1 201 Avenida Arterial Hostos, San Juan, 00918
Standard status
Active
Lot size
0.12 Acres
Building Details
Year built
1970
Additional Structures
Storage
Listing Agency:
Mares Solutions
(939) 287-7097
Listed By:
Mayte Sotomayor Alonso · License #17905
(787) 782-4444
Added: Aug 27
Changed: Oct 13
Last Checked: Oct 13 at 11:06PM
MLS# 65619
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.
Investment Insights
Based on property information with market context.
This office unit provides approximately 780 square feet of commercial space with several office areas, a mezzanine, one bathroom, storage space, and alarm features. A 5-ton inverter central air conditioning unit supports the interior, while one assigned parking space adds convenience for occupants and visitors. The property was built in 1970 and carries C-1 zoning.
Located in Hato Rey within San Juan, the property is near the José Miguel Agrelot Coliseum, Plaza Las Americas, the Golden Mile, banks, restaurants, professional offices, public transportation, and major access roads. Shopping nearby and a street-facing view further connect the unit to the surrounding commercial district.
Located in Hato Rey within San Juan, the property is near the José Miguel Agrelot Coliseum, Plaza Las Americas, the Golden Mile, banks, restaurants, professional offices, public transportation, and major access roads. Shopping nearby and a street-facing view further connect the unit to the surrounding commercial district.
Key Highlights
- Approximately 780 square feet of office space
- Mezzanine, multiple office areas, one bathroom, and storage space
- 5‑ton inverter central air conditioning unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,786
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,720
$215.7K
Cap Rate 7%
$154,086
$154.1K
Cap Rate 9%
$119,844
$119.8K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$16.4K $21.00/SF
− Vacancy
−$2.0K −$2.56/SF
EGI
$14.4K $18.44/SF
− OpEx
−$3.6K −$4.61/SF
NOI
$10.8K $13.83/SF
Area
San Juan, PR
Vacancy
12.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,720
Cap Rate 7%
$154,086
Cap Rate 9%
$119,844
Alternative Uses
Best Use
Office B
$154.1K
$134.8K – $179.8K
NOI $10,786 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$190.9K
$167.1K – $222.8K
NOI $13,366 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00918, PR
17,439
Population
10,830
Households
1.6
Avg Household Size
47
Median Age
60%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
6,459
Density / Sq Mi
$36,872
Median Household Income
$40,828
Median Earnings
$628
Median Rent
$216,600
Median Home Value
Market
Vacancy Rate% for Office in San Juan, PR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - C-1 commercial space with multiple offices, central air conditioning, storage, and an assigned parking space.
Where is this office units located?
The property is located at San Juan, PR.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Approximately 780 square feet of office space; Mezzanine, multiple office areas, one bathroom, and storage space; 5‑ton inverter central air conditioning unit
