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Medical Office Suite with Reception

Condominio Medina Center 604, San Juan, PR 00926

For Sale
New
$75,000

Commercial Sale, San Juan, PRI

Property Size422 SF
Price / SF$177.73
Days on Market4

Property Features for Condominio Medina Center 604

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 2
Rooms Bedroom 2, Bedroom 1
Standard status Active
APN 08702358322009
Size 422 SF

Additional Details

Property Use Office
Condition Move-in Ready

Taxes and HOA fees

HOA Fee $164 Monthly

Building Details

Year built 1974
Buildings 1
Listing Agency: KW Puerto Rico
Listed By: Vance Berrios Rodriguez
Added: Nov 10 Changed: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# PRKW318192

Copyright © 2026 Amplia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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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.

Office 604 occupies the sixth floor of the Medina Professional Center in Río Piedras. Its layout includes an entry reception area and two workspaces, with room for private consultations and administrative tasks. One parking space is included with the office according to the deed, and paid parking is available for visitors in the building.

The suite is in San Juan, Puerto Rico. The building was constructed in 1974. The described layout can accommodate a medical practice, legal or accounting office, aesthetics studio, or merchant’s administrative office.

Key Highlights

  • Office 604 is on the building’s sixth floor
  • Entry reception area and two workspaces
  • One parking space included according to the deed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,836
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,720 $116.7K
Cap Rate 7%
$83,371 $83.4K
Cap Rate 9%
$64,844 $64.8K
Market Conditions
NOI Build-Up for 422 SF
Gross rent
$8.9K $21.00/SF
− Vacancy
−$1.1K −$2.56/SF
EGI
$7.8K $18.44/SF
− OpEx
−$1.9K −$4.61/SF
NOI
$5.8K $13.83/SF
Area
San Juan, PR
Vacancy
12.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$116,720
Cap Rate 7%
$83,371
Cap Rate 9%
$64,844

Alternative Uses

Best Use
Office B
$83.4K
$73.0K – $97.3K (±1% cap)
NOI $5,836 @ 7.0% cap · market cap 7.78%
Second Best
Healthcare Medical
$82.6K
$72.3K – $96.4K (±1% cap)
NOI $5,785 @ 7.0% cap · market cap 7.71%
Theoretical Best
Specialty Retail
$103.3K
$90.4K – $120.5K (±1% cap)
NOI $7,231 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Demographics for 00926, PR

96,732
Population
45,119
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
4,169
Density / Sq Mi
$39,543
Median Household Income
$29,311
Median Earnings
$717
Median Rent
$189,400
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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Sixth-floor space includes a private parking stall and paid visitor parking in the building.
Where is this medical office space located?
The property is located at Condominio Medina Center 604 San Juan, PR.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Office 604 is on the building’s sixth floor; Entry reception area and two workspaces; One parking space included according to the deed
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Includes: Price & PSF · Cap rate · Location · Zoning

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