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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

$ 6,700,000

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251/253 TETUAN ST San Juan, PR 00901

24,250 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,250 sqft

Price per Sqft $276

Subdivision Old San Juan

MLS Listing ID PR9115746

HOA Y/N No

Year Built 1920

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

A rare opportunity to own a piece of Puerto Rico's architectural history awaits at 251 and 253 Tetuan Street in Old San Juan. Designed by renowned Czech architect Antonin Nechodoma and built in 1920, this expansive property was formerly the historic Scotia Bank. The iconic building is offered in a cleaned shell condition, providing a blank canvas for visionary investors to reimagine it as an unparalleled masterpiece with mixed zoning. Spanning five floors with soaring ceilings and a distinctive bank vault in the basement, the building lends itself perfectly to a variety of concepts, including a multi-family or hospitality project. The scale and historic character of the property make it an ideal anchor space in the heart of one of the Caribbean's most visited destinations. Strategically located at the corner of Tetuan Street and San Justo Street, this prominent building enjoys exceptional visibility and steady foot traffic, just moments away from the bustling cruise port. Once the island's thriving financial hub, Tetuan Street was home to Puerto Rico's major banks and remains lined with iconic architecture. Today, it has transformed into a vibrant corridor filled with tourists, shops, and cultural landmarks. This prime corner location places your venture at the intersection of history and opportunity in one of the most dynamic areas in Puerto Rico.

Location

State PR

County San Juan

Community Old San Juan

Area 00901 - San Juan

Zoning MIXED

Interior

Interior Features Open Floorplan

Heating None

Cooling None

Fireplace false

Laundry Other

Exterior

Exterior Feature Balcony, Sidewalk

Utilities Available Public

View Y/N Yes

Roof Type Concrete

Garage false

Private Pool No

Building

Foundation Basement

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

Listed by PUERTO RICO SOTHEBY'S INTL. REALTY