251/253 Tetuan Street, San Juan, PR 00901

$6,700,000
24,250
SqFt

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List Price
$6,700,000
Status
Active
Days on Market
333
MLS#
PR9115746
Property Style
Multi-Family 5+
Year Built
1920
Living Area
24,250
Lot Size
6,808
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Old San Juan
MLS Area Major
San Juan

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 pedestrian 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.

Additional Information

Community Features
No Deed Restriction
Zoning
MIXED
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Utilities
Public
Heating
None
Air Conditioning
None
Exterior Construction
Concrete
Exterior Features
Balcony, Sidewalk
Roof
Concrete
Foundation
Basement
Pool
No Pool
Water View
Gulf/Ocean - Partial
Flood Zone Code
X
Parcel ID
040 002 055 23 000

Listing courtesy of PUERTO RICO SOTHEBY'S INTL. REALTY. 787-523-6500

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