Three-Story Mixed-Use
241 Calle Eleonor Roosevelt, San Juan, PR 00918
For Sale
$695,000
Two units combine retail, warehouse, and office areas with central air conditioning and on-site parking.
Property Size6,804 SF
Price / SF$102.15
Days on Market390
Property Features for 241 Calle Eleonor Roosevelt
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Corner Location
Road Access
Mixed-Use Components
Additional Details
Property Use
Amenities
Central air conditioning
Building Details
Buildings
Stories
Building Size
Construction
Tenancy
Listing Agency:
MICORREDOR.COM
Listed By:
Javi Rodriguez · License #16784
(787) 717-0187
Source:
Exprealty
Added: Oct 14, 2025
Changed: Nov 6
Last Checked: Nov 6 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICORREDOR.COM
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story concrete mixed-use building contains 6,804 square feet across two units. Retail and warehouse areas occupy the first and second floors, while the third floor is arranged for office use. The property has central air conditioning and one on-site parking space.
Positioned on a corner lot along Eleanor Roosevelt Avenue, the building is zoned C-1 and has road frontage on the avenue.
Positioned on a corner lot along Eleanor Roosevelt Avenue, the building is zoned C-1 and has road frontage on the avenue.
Key Highlights
- 6,804‑square‑foot, three‑story concrete building
- Two units: retail and warehouse space on the first and second floors, with office space on the third
- Corner‑lot position with frontage on Eleanor Roosevelt Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,333
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,660
$1.0M
Cap Rate 7%
$719,043
$719.0K
Cap Rate 9%
$559,256
$559.3K
Market Conditions
NOI Build-Up for 6,804 SF
Gross rent
$61.2K $9.00/SF
− Vacancy
−$2.0K −$0.30/SF
EGI
$59.2K $8.70/SF
− OpEx
−$8.9K −$1.31/SF
NOI
$50.3K $7.40/SF
Area
San Juan, PR
Vacancy
3.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,660
Cap Rate 7%
$719,043
Cap Rate 9%
$559,256
Alternative Uses
Best Use
Retail
$1.55M
$1.36M – $1.81M
NOI $108,820 @ 7.0% cap · market cap 15.66%
Second Best
Mixed Use
$1.39M
$1.21M – $1.62M
NOI $97,161 @ 7.0% cap · market cap 13.98%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.94M
NOI $116,593 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
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 Industrial in the U.S.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two units combine retail, warehouse, and office areas with central air conditioning and on-site parking.
Where is this mixed-use property located?
The property is located at 241 Calle Eleonor Roosevelt San Juan, PR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 6,804‑square‑foot, three‑story concrete building; Two units: retail and warehouse space on the first and second floors, with office space on the third; Corner‑lot position with frontage on Eleanor Roosevelt Avenue
