Mixed-Use Building with
For Sale
$1,500,000
Ave. Manuel Fernandez Juncos, San Juan, PR 00910
Commercial Sale, San Juan, PRI
Property Size13,000 SF
Lot Size0.12 Acres
Price / SF$115.38
Days on Market289
Property Features for Ave. Manuel Fernandez Juncos
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
11
Bathrooms
11
Full bathrooms
10
Half bathrooms
1
Rooms
Bathroom 8, Bathroom 4, Bathroom 11, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 9, Bathroom 7, Bedroom 9, Bathroom 1, Bedroom 6, Bedroom 11, Bedroom 10, Bathroom 6, Bedroom 7, Bathroom 5, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 2, Bathroom 10, Bedroom 5
Standard status
Active
APN
04007912702001
Size
13,000 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
5776
Building Details
Year built
1960
Floors in Building
4
Listing Agency:
Francisco Cabreja Real Estate
(178) 753-9470
Listed By:
Francisco Cabreja
(787) 539-4708
Added: Dec 16, 2025
Changed: Sep 12
Last Checked: Oct 1 at 1:06PM
MLS# PR9C9100
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines commercial and residential space within a building containing approximately 13,000 square feet divided into 11 units. The first floor provides a broad open-concept area, while the upper levels contain the remaining spaces. The property was built in 1960 and occupies 0.119 acres.
Located at Ave. Manuel Fernandez Juncos in San Juan, PR 00910, the building is identified with the Santurce area. On-site parking accommodates approximately 20 vehicles, a notable physical feature for a property with both commercial and residential components.
The multi-level configuration offers a combination of open commercial space and separately divided units. The property is offered for sale.
Located at Ave. Manuel Fernandez Juncos in San Juan, PR 00910, the building is identified with the Santurce area. On-site parking accommodates approximately 20 vehicles, a notable physical feature for a property with both commercial and residential components.
The multi-level configuration offers a combination of open commercial space and separately divided units. The property is offered for sale.
Key Highlights
- Approximately 13,000 square feet of mixed‑use space
- 11 units within the building
- First floor includes a spacious open‑concept area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$115,716
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,314,320
$2.3M
Cap Rate 7%
$1,653,086
$1.7M
Cap Rate 9%
$1,285,733
$1.3M
Market Conditions
NOI Build-Up for 13,000 SF
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.
Gross rent
$221.0K $17.00/SF
− Vacancy
−$10.6K −$0.82/SF
EGI
$210.4K $16.18/SF
− OpEx
−$94.7K −$7.28/SF
NOI
$115.7K $8.90/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$17.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,314,320
Cap Rate 7%
$1,653,086
Cap Rate 9%
$1,285,733
Alternative Uses
Best Use
Mixed Use
$2.65M
$2.32M – $3.09M
NOI $185,640 @ 7.0% cap · market cap 12.38%
Second Best
Apartment 5plus
$1.65M
$1.45M – $1.93M
NOI $115,716 @ 7.0% cap · market cap 7.71%
Theoretical Best
Specialty Retail
$3.18M
$2.78M – $3.71M
NOI $222,768 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
9
Residential units
Multi-tenant
Tenancy
Market
Vacancy Rate% for Multifamily in the U.S.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential uses span multiple levels, including a spacious open area on the first floor.
Where is this mixed-use property located?
The property is located at Ave. Manuel Fernandez Juncos San Juan, PR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 13,000 square feet of mixed‑use space; 11 units within the building; First floor includes a spacious open‑concept area
