Three-Level Historic Mixed-Use
257 Calle De San Francisco, San Juan, PR 00901
For Sale
$950,000
Commercial zoning and three floors offer a multi-level configuration on Calle De San Francisco.
Property Size7,719 SF
Price / SF$123.07
Days on Market606
Property Features for 257 Calle De San Francisco
General Information
Standard status
Size
Zoning
Building Details
Buildings
Stories
Listing Agency:
BERQUIZ REALTY
Listed By:
Berquiz Hernandez
(787) 396-7200
Source:
Exprealty
Added: Mar 12, 2025
Changed: Nov 6
Last Checked: Nov 6 at 3:30PM
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 BERQUIZ REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This historic mixed-use property in San Juan has three levels and a gross building area of 7,719 square feet. The first and second floors each contain 3,030 square feet, with 1,659 square feet on the third. The property is zoned C-3 for commercial use. Potential use of the upper floors for short-term lodging is noted, subject to renovation and upgrades.
The building fronts Calle De San Francisco in the Old San Juan Ward. Electric service, potable water, telephone, and sanitary sewer would need to be reconnected following renovation.
The building fronts Calle De San Francisco in the Old San Juan Ward. Electric service, potable water, telephone, and sanitary sewer would need to be reconnected following renovation.
Key Highlights
- 7,719‑square‑foot gross building area across three levels
- First and second floors each contain 3,030 square feet
- Third floor contains 1,659 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,365
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,667,300
$1.7M
Cap Rate 7%
$1,190,929
$1.2M
Cap Rate 9%
$926,278
$926.3K
Market Conditions
NOI Build-Up for 7,719 SF
Gross rent
$148.2K $19.20/SF
− Vacancy
−$14.8K −$1.92/SF
EGI
$133.4K $17.28/SF
− OpEx
−$50.0K −$6.48/SF
NOI
$83.4K $10.80/SF
Area
ZIP 00901
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,667,300
Cap Rate 7%
$1,190,929
Cap Rate 9%
$926,278
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,479 @ 7.0% cap · market cap 9.42%
Second Best
Mixed Use
$1.19M
$1.04M – $1.39M
NOI $83,365 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,829 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 00901, PR
6,218
Population
4,325
Households
1.4
Avg Household Size
47
Median Age
49%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
6,218
Density / Sq Mi
$25,810
Median Household Income
$27,676
Median Earnings
$646
Median Rent
$386,900
Median Home Value
Market
Vacancy Rate% for Retail in the U.S.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and three floors offer a multi-level configuration on Calle De San Francisco.
Where is this mixed-use property located?
The property is located at 257 Calle De San Francisco San Juan, PR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,719‑square‑foot gross building area across three levels; First and second floors each contain 3,030 square feet; Third floor contains 1,659 square feet
