Search
Mixed-Use Building with Terrace
For Sale
$1,495,000

San Juan, PR 00971, San Juan, PR 00971

Building, San Juan, PR

Property Size4,978 SF
Lot Size0.00 Acres
Price / SF$300.32
Days on Market171

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Others
Exterior features Quiet Area
Subdivision Viejo San Juan -Zona Historica (B
Standard status Active
Lot size 0.00 Acres

Building Details

Year built 1916
Listing Agency: Keller Williams Grand Homes · Keller Williams Realty
Listed By: Orbe Soto
Added: May 7 Changed: Oct 18 Last Checked: Oct 24 at 8:06AM
MLS# 64798

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multi-level mixed-use building contains five registered units, each with its own deed, and provides 4,978.05 square feet of construction. A terrace lookout area is part of the property. The building dates to 1916 and is located within Old San Juan’s historic district.

The property fronts Calle Fortaleza in San Juan, Puerto Rico, an area described as having tourist and commercial traffic. Its five separately deeded units are a defining part of the building’s configuration.

Key Highlights

  • Five registered units, each with an independent deed
  • 4,978.05 square feet of construction
  • Multi‑level building with a terrace lookout area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,087
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,740 $1.4M
Cap Rate 7%
$1,015,529 $1.0M
Cap Rate 9%
$789,856 $789.9K
Market Conditions
NOI Build-Up for 4,978 SF
Gross rent
$119.5K $24.00/SF
− Vacancy
−$5.7K −$1.15/SF
EGI
$113.7K $22.85/SF
− OpEx
−$42.7K −$8.57/SF
NOI
$71.1K $14.28/SF
Area
San Juan, PR
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,740
Cap Rate 7%
$1,015,529
Cap Rate 9%
$789,856

Alternative Uses

Best Use
Mixed Use
$1.02M
$888.6K – $1.18M (±1% cap)
NOI $71,087 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,304 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mixed-use properties

Lease Details

5
Residential units

Location Intelligence

Demographics for 00971, PR

28,517
Population
11,849
Households
2.4
Avg Household Size
46
Median Age
32%
College-Educated
79%
High-School Grad
16.0 sq mi
ZIP Area
1,782
Density / Sq Mi
$32,098
Median Household Income
$21,625
Median Earnings
$651
Median Rent
$161,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Mixed-use property - Five separately deeded units offer distinct ownership within a multi-level property in Old San Juan’s historic district.
Where is this mixed-use property located?
The property is located at San Juan, PR.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Five registered units, each with an independent deed; 4,978.05 square feet of construction; Multi‑level building with a terrace lookout area
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