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Medical Office Suite with Mezzanine
For Sale
$239,900

201 AVE ARTERIAL HOSTO, San Juan, PR 00918

SINGLE_FAMILY - SAN JUAN, PR

Property Size780 SF
Lot Size0.19 Acres
Price / SF$307.56
Days on Market35

Property Features for 201 AVE ARTERIAL HOSTO

General Information

Property type Residential
Property subtype Office
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
Subdivision 00918 - San Juan
Standard status Active
APN 062-030-077-01-144
Lot size 0.19 Acres

Utilities

Cooling system Central Air

Building Details

Year built 1970
Building materials Block, Concrete
Listing Agency: MARES - MANAGEMENT REALTY EXPERT
Listed By: Mayte Sotomayor Alonso
Added: Jul 2 Changed: Jul 21 Last Checked: Aug 5 at 12:06AM
MLS# PR9122525

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.

Investment Insights

Based on property information with market context.

This commercial office suite includes several office spaces plus a mezzanine area, along with one bathroom and a 5-ton central inverter air conditioning system. The configuration is designed to support professional use with multiple interior rooms, and the property also includes one assigned parking space.

The property is described as being in Hato Rey near Jose Miguel Agrelot Coliseum (“El Choliseo”), with additional proximity to Plaza Las Americas, banks, restaurants, professional offices, public transportation, and major access roads.

Offered for sale, the layout is presented as versatile for a range of commercial and professional services, including medical office, speech therapy office, engineering/accounting/real estate, architecture, and consulting-type uses, among others.

Key Highlights

  • Approximately 780 SF commercial property in Hato Rey with multiple office spaces and a mezzanine area
  • Built in 1970; block and concrete construction
  • Central air conditioning with a 5‑ton central inverter system

Financial Insights For Office B

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 $16.4k $21.00
− Vacancy −$2.0k −$2.56
EGI $14.4k $18.44
− OpEx −$3.6k −$4.61
NOI $10.8k $13.83
780 SF · lease $21.00/SF/yr · vacancy 12.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$154.1K
$134.8K – $179.8K (±1% cap)
NOI $10,786 @ 7.0% cap · market cap 4.50%
Second Best
Healthcare Medical
$152.8K
$133.7K – $178.2K (±1% cap)
NOI $10,693 @ 7.0% cap · market cap 4.46%
Theoretical Best
Specialty Retail
$190.9K
$167.1K – $222.8K (±1% cap)
NOI $13,366 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

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

11.3% 2019
14.6% 2020
14.2% 2021
12.3% 2022
11.9% 2023
12.4% 2024
12.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite with several rooms, a mezzanine, one bathroom, and central inverter air conditioning plus one assigned parking space.
Where is this office units located?
The property is located at 201 AVE ARTERIAL HOSTO San Juan, PR.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Approximately 780 SF commercial property in Hato Rey with multiple office spaces and a mezzanine area; Built in 1970; block and concrete construction; Central air conditioning with a 5‑ton central inverter system
More about this property
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