302 Calle Fortaleza, Old San Juan, PR 00901

$4,800,000

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List Price
$4,800,000
Status
Active
Days on Market
5
MLS#
PR9122954
Property Style
Mixed Use
Year Built
1960
Lot Size
4,000
Acres
0.10
Total Acreage
0 to less than 1/4
MLS Area Major
San Juan

Property Description

An incredible and rarely available opportunity to acquire a 6-story building perfectly positioned for premium Mixed-Use development (Luxury Apartments, Boutique Hotel, or Corporate Headquarters). Situated on the Prime Commercial Corridor of Fortaleza Street, guaranteeing high foot traffic and exceptional visibility. Six expansive floors, totaling 24,000 square feet (4,000 SF per floor), offering immense design flexibility. Each floor opens to a unique interior open atrium, flooding the space with natural light and optimizing cross-ventilation—a feature critical for high-end residential and hospitality design. Includes an existing, non-operational elevator shaft/structure. In Old San Juan, this rare feature dramatically bypasses the significant bureaucratic hurdles and complex permitting process typically required for new vertical transportation, saving months of time and substantial cost. Features an operational retail store on the ground floor, providing immediate income to offset carrying costs during the planning and permitting phase.

Additional Information

Taxes Annual
$9330
Community Features
No Deed Restriction
Property Description
Three+ Story
Floor
Concrete
Utilities
Public
Heating
None
Air Conditioning
None
Exterior Construction
Concrete
Roof
Concrete
Foundation
Concrete Perimeter, Stilt/On Piling
Pool
No Pool
Flood Zone Code
no
Parcel ID
040-002-05-603-901

Listing courtesy of VIDA URBANA. 787-632-8021

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Calculator source: Real Geeks

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