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    Fully Renovated Single-Level Office Building Title is generated by Realmo AI

    501 CENTRO ALTAMIRA, San Juan 00922

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    New
    For Sale
    $1,995,000

    Business - SAN JUAN, PR

    Type:Business
    Property size:
    8,700 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $229/SF
    Added:
    Jun 8, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 11 at 7:06 pm

    Property Features for 501 CENTRO ALTAMIRA

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    08601348321001
    Size
    8,700 SF
    Lot size
    0.19 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Building materials
    Concrete
    Architectural style
    Other

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    Listing Contact
    Javi Rodriguez

    Listing agent Javi Rodriguez License #16784

    Listing office MICORREDOR.COM Cascada M-23, San Juan

    Listing date Jun 8, 2026

    MLS# PR9121942 Listing URL

    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.

    HighLights

    • Single‑level commercial office building built in 1984 with approximately 8,750 SF and a concrete construction exterior
    • More than 20 private offices plus 5 bathrooms, designed for office or professional use
    • Two fully equipped kitchens for staff and client‑facing operations
    • Parking for 19 spaces on‑site
    • Central air conditioning, with remodeled electrical and plumbing systems
    • Backup generator and cistern on the property

    Overview

    This fully renovated commercial office building is offered as a single-level space totaling approximately 8,750 square feet. The interior includes more than 20 private offices, two fully equipped kitchens, and five bathrooms. Infrastructure upgrades are a key feature, with completely remodeled electrical and plumbing systems, along with a backup generator and cistern. The property also includes on-site parking with 19 spaces, supporting day-to-day access for staff and visitors.

    The building is located in Guaynabo’s central and accessible business area, at 501 Centro Altamira, Calle Perseo, San Juan, 00922. The listing emphasizes a functional, move-in-ready setup in a commercially oriented corridor.

    With its office and service-ready layout, the building is positioned for a range of professional uses, including corporate offices, medical or other professional services, insurance operations, call centers, and educational institutions. For tenants and buyers looking for a remodeled, single-level configuration with dedicated workspaces, multiple kitchens, upgraded building systems, and available parking, this property provides a practical platform to operate immediately.

    Local 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 $182.7k $21.00
    − Vacancy −$22.3k −$2.56
    EGI $160.4k $18.44
    − OpEx −$40.1k −$4.61
    NOI $120.3k $13.83
    8,700 SF · lease $21.00/SF/yr · vacancy 12.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.72M
    $1.50M – $2.01M (±1% cap)
    NOI $120,308 @ 7.0% cap · market cap 6.03%
    Second Best
    Healthcare Medical
    $1.70M
    $1.49M – $1.99M (±1% cap)
    NOI $119,267 @ 7.0% cap · market cap 5.98%
    Theoretical Best
    Specialty Retail
    $2.13M
    $1.86M – $2.48M (±1% cap)
    NOI $149,083 @ 7.0% cap · market cap 7.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    San Juan
    County
    San Juan
    State
    Longitude
    -66.10784559
    Latitude
    18.39956498

    FAQs

    What type of property is this?
    Office building - Single-level office building with 20+ private offices, multiple kitchens, and on-site power backup plus parking.
    Where is this office building located?
    The property is located at 501 CENTRO ALTAMIRA San Juan.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Single‑level commercial office building built in 1984 with approximately 8,750 SF and a concrete construction exterior; More than 20 private offices plus 5 bathrooms, designed for office or professional use; Two fully equipped kitchens for staff and client‑facing operations
    More about this property
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