Search
Church Facility With Multipurpose Room
For Sale
$379,000

San Juan, PR 00923, San Juan, PR 00923

Commercial Space, San Juan, PR

Property Size1,568 SF
Lot Size0.02 Acres
Price / SF$241.71
Days on Market107

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Others
Exterior features Park Setting
Subdivision Sabana Llana (Barrio)
Standard status Active
Lot size 0.02 Acres

Amenities

large multipurpose room
administrative office
fully equipped kitchen
two remodeled bathrooms
two 5-ton central air conditioning units
updated plumbing
electric gate
perimeter fence

Building Details

Year built 1971
Listing Agency: Keller Williams Grand Homes · Keller Williams Realty
Listed By: Orbe Soto
Added: Jun 29 Changed: Aug 27 Last Checked: Oct 13 at 9:06PM
MLS# 65542

Copyright © 2026 Xposure. 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 church and religious facility includes approximately 1,978 square feet of functional area, comprising 1,568 square feet of enclosed construction and a 410-square-foot covered porch. The interior provides a large multipurpose room, administrative office, fully equipped kitchen, and two remodeled bathrooms. Updated plumbing, two 5-ton central air-conditioning units, an electric gate, and perimeter fencing are also in place.

The property consists of two lots totaling approximately 817.34 square meters and includes 20 private parking spaces. San Francisco Hospital is one block away, placing the facility within San Juan’s metropolitan area. Its existing layout and improvements support religious, nonprofit, educational, professional office, therapy, specialized clinic, or medical office uses identified in the property information.

Key Highlights

  • Approximately 1,978 SF of functional area, including 1,568 SF of construction and a 410 SF covered porch
  • Two lots totaling approximately 817.34 m2
  • 20 private parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,683
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,660 $433.7K
Cap Rate 7%
$309,757 $309.8K
Cap Rate 9%
$240,922 $240.9K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$32.9K $21.00/SF
− Vacancy
−$4.0K −$2.56/SF
EGI
$28.9K $18.44/SF
− OpEx
−$7.2K −$4.61/SF
NOI
$21.7K $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%
$433,660
Cap Rate 7%
$309,757
Cap Rate 9%
$240,922

Alternative Uses

Best Use
Office B
$309.8K
$271.0K – $361.4K (±1% cap)
NOI $21,683 @ 7.0% cap · market cap 5.72%
Second Best
Healthcare Medical
$307.1K
$268.7K – $358.3K (±1% cap)
NOI $21,495 @ 7.0% cap · market cap 5.67%
Theoretical Best
Specialty Retail
$383.8K
$335.9K – $447.8K (±1% cap)
NOI $26,869 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Churches & religious facilities

Location Intelligence

Demographics for 00923, PR

23,607
Population
13,917
Households
1.7
Avg Household Size
44
Median Age
26%
College-Educated
82%
High-School Grad
2.0 sq mi
ZIP Area
11,804
Density / Sq Mi
$18,482
Median Household Income
$16,918
Median Earnings
$517
Median Rent
$114,600
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Church & religious facility - Fenced facility with offices, kitchen, remodeled bathrooms, parking, and central air conditioning.
Where is this church & religious facility located?
The property is located at San Juan, PR.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Approximately 1,978 SF of functional area, including 1,568 SF of construction and a 410 SF covered porch; Two lots totaling approximately 817.34 m2; 20 private parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again