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Three-Level Mixed-Use Building

257 SAN FRANCISCO, San Juan, PR 00901

For Sale
Contact for pricing

The C-3-zoned property fronts San Francisco Street in Old San Juan.

Property Size7,719 SF
Price / SF$123.07
Days on Market606

Property Features for 257 SAN FRANCISCO

General Information

Standard status Active
Size 7,719 SF
Property subtype Business
Zoning C-3

Property Condition

Severity Repairs Needed
Evidence RENOVATED AND UPGRADE

Additional Details

Utilities to Site No

Building Details

Building Size 7,719 SF
Year Built 1900
Buildings 1
Stories 3
Listing Agency: BERQUIZ REALTY
Listed By: Berquiz Hernandez
Source: Reservepr
Added: Mar 12, 2025 Changed: Nov 6 Last Checked: Nov 6 at 2:25PM

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

Rey
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Investment Insights

Based on property information with market context.

This three-level mixed-use building, constructed in 1900, contains 7,719 square feet. The first and second floors each measure 3,030 square feet, while the third floor contains 1,659 square feet. The property is designated C-3, or Commercial Zone Three, and is described as having a level, rectangular shape.

The building fronts San Francisco Street in Old San Juan. Electric power, potable water, telephone, and sanitary sewer service are identified for reconnection after renovation and upgrades.

Key Highlights

  • 7,719‑square‑foot building across three levels
  • First and second floors each contain 3,030 square feet; third floor has 1,659 square feet
  • C‑3 (Commercial Zone Three) designation

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 (±1% cap)
NOI $89,479 @ 7.0% cap · market cap 9.42%
Second Best
Mixed Use
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,365 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M (±1% cap)
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

Storefront properties

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.

6.4% 2019
7.2% 2020
6.5% 2021
5.6% 2022
5.3% 2023
5.3% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The C-3-zoned property fronts San Francisco Street in Old San Juan.
Where is this mixed-use property located?
The property is located at 257 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 building across three levels; First and second floors each contain 3,030 square feet; third floor has 1,659 square feet; C‑3 (Commercial Zone Three) designation
(787) 396-7200 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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