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Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE PUERTO RICO
$ 4,250,000
Est. payment | /mo
12,350 SqFt
$ 4,250,000
Est. payment | /mo
12,350 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 12,350 sqft
Price per Sqft $344
MLS Listing ID PR9116213
HOA Y/N No
Year Built 1925
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Located at 266 Calle de San Francisco, this remarkable six-story building stands as one of the tallest and most iconic landmarks in Old San Juan. Originally constructed in 1925 and home to the Singer Sewing Machine Company when it opened its doors in 1929, the property carries with it nearly a century of history and prestige.
With 12,350 square feet of interior space and serviced by an elevator, the building features five full-floor one-bedroom, one-bathroom lofts alongside a ground-level commercial space on one of Old San Juan's most vibrant streets.
Its architectural significance, prime location, and steady rental history in long-term income make it an exceptional investment. Beyond its current configuration, the building also presents an extraordinary opportunity for redevelopment through tourism tax credits or as a short-term rental property, capitalizing on the city's thriving tourism industry.
With 12,350 square feet of interior space and serviced by an elevator, the building features five full-floor one-bedroom, one-bathroom lofts alongside a ground-level commercial space on one of Old San Juan's most vibrant streets.
Its architectural significance, prime location, and steady rental history in long-term income make it an exceptional investment. Beyond its current configuration, the building also presents an extraordinary opportunity for redevelopment through tourism tax credits or as a short-term rental property, capitalizing on the city's thriving tourism industry.
Location
State PR
County San Juan
Area 00901 - San Juan
Interior
Cooling Ductless
Building
Foundation Other
Lot Size Range 1 to less than 2
Structure Type Other
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9116213
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