Description

A historic mixed-use building located on Tetuán St. in Old San Juan. It consists of 2 commercial units and 10 residential apartments, all currently occupied, offering a combination of commercial and residential income from a single property. Located in one of Old San Juan’s most renowned historic and commercial districts, the building is surrounded by restaurants, shops, hotels, offices, institutions, and cultural attractions, with access to public parking in the area. The property is not subject to HOA fees. FEMA Zone: X (minimal or moderate risk). Zoning: C-3 (Residential/Commercial). Annual CRIM payment: approx. $4,616.48 (without exemption). An application for the corresponding certification has been filed with the Puerto Rico Institute of Culture to obtain a tax exemption for the building. This property is an excellent investment opportunity for those seeking to acquire an entire building with existing income and long-term growth potential in Old San Juan.