Map of Property

8-Story Open Layout Building in Old San Juan FOR SALE

201 Tetuan Street, San Juan, PR 00901

  • For Sale $9,500,000
  • Property Type Other
  • Property Size 32,900 SF
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • Date Updated May 23, 2024
Built circa 1946, originally as the Puerto Rico corporate headquarters for the Chase Manhattan Bank. In the 1960’s the Bank offices moved to new facilities in the central business district (Hato Rey). The Old San Juan branch remained there until the bank closed operations in the 1990’s. The floors above the ground level remained as commercial office spaces until 2020 when the last tenant moved out.Located right across the street from the famous Old San Juan Banco Popular Building, and less than 400 lineal feet from the Old San Juan waterfront, which is home to the cruise ships pier receiving over 1.6 million passengers per year, this beautiful building provides endless possibilities for real estate investors looking to maximize value. Formerly the Chase Manhattan Bank corporate headquarters, the property provides an excellent large open layout configuration in each level. Whether converting to a residential condominium building, a hotel, a rental office building, or a mixed-use development, the future owner of this magnificent historic property within the highly coveted and desirable Old San Juan Sector will make the most out of this lucrative investment opportunity. Don't miss this excellent opportunity of owning a great re-development asset in this highly desirable neighborhood characterized by brightly colored buildings dating back to the 16th century surrounded by cobbled streets, recreational plazas, famous Caribbean fusion restaurants, and cool cocktail bars.

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Attachments

Highlights

  • Asking Price: $9,500,000
  • Site Area: 520.20 square meters or 5,599.39 square feet
  • Zoning: C-3 (commercial)
  • Tax Code #: 040-002-054-01
  • Exempt from paying property taxes up to December 31, 2026
  • Coordinates: Lat: 18.46438768, Lon: -66.11581574
  • Gross Building Area: 32,900 square feet
  • Rentable Area: 28,810 square feet
  • Typical floor plate: Approximately 4,100 square feet
  • No. of Stories: 8
  • Ceiling Clearance: 10’ to 11’
  • Construction Materials: Reinforced concrete
  • Design / style: Mid-century modernism
  • Last Major Rehabilitation: 1990’s
  • Staircases: 2
  • Elevators: 1
  • Located in an Opportunity Zone designated area.
  • Physical condition: The building is currently vacant and is in shell condition, with operable electrical, elevator and water/waste discharge systems. All interior partitions have been recently demolished and cleared, providing for a full floor open plan configuration.

Contacts

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
Powered by Walk Score ®
  • City San Juan, PR
  • Neighborhood Catedral
  • Zip Code 00901

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    4.00 miles

  • Martínez Nadal

    5.15 miles

  • Deportivo

    5.33 miles

  • Centro Médico

    5.71 miles

  • Universidad (Plaza Universitaria)

    5.91 miles

  • Universidad (Museo)

    5.93 miles

  • Río Piedras

    6.14 miles

  • Cupey

    6.17 miles

  • Gulf

    1.11 miles

  • Total

    1.17 miles

  • Mobil

    1.28 miles

  • Phillips 66

    1.73 miles

  • American Gasoline

    2.01 miles

  • Texaco

    2.36 miles

  • Puma

    2.40 miles

  • Ecomaxx

    2.75 miles

  • Tesla Supercharger

    3.80 miles

  • Blink

    3.92 miles

  • Estacionamiento La Puntilla

    0.12 miles

  • Doña Fela

    0.16 miles

  • Paseo Portuario

    0.22 miles

  • Estacionamiento Covadonga

    0.34 miles

  • Estacionamiento Luis A. Ferré

    0.70 miles

  • Estacionamiento Don Tello

    1.47 miles

  • Estacionamiento Municipal La Puntilla

    1.55 miles

  • Estacionamiento Municipal de La Puntilla

    1.58 miles

  • Lote Oeste

    1.61 miles

  • Multipiso de la Casa Alcaldía de Cataño

    1.68 miles

  • S.J. Suites Hotel

    0.09 miles

  • Hotel Plaza de Armas

    0.10 miles

  • Navona Studios

    0.13 miles

  • Monastery Art Hotel

    0.13 miles

  • Boveda Apartments

    0.13 miles

  • Fortaleza Guest House

    0.15 miles

  • Hotel Milano

    0.16 miles

  • Hotel Casablanca

    0.18 miles

  • La Terraza

    0.19 miles

  • Da'House

    0.20 miles

  • Pizza Hut

    0.04 miles

  • Spiga

    0.04 miles

  • Carli's

    0.05 miles

  • Triana

    0.06 miles

  • Cafe Manolín

    0.07 miles

  • Waffle-era Tea Room

    0.07 miles

  • Verde Mesa

    0.08 miles

  • La Güerita

    0.08 miles

  • Subway

    0.08 miles

  • Princesa Gastrobar

    0.08 miles

  • Universidad Carlos Albizu

    0.21 miles

  • Colegio de Párvulos

    0.24 miles

  • Centro de Estudios Avanzados de Puerto Rico y el Caribe

    0.24 miles

  • Seminario Conciliar

    0.24 miles

  • Escuela Abraham Lincoln

    0.27 miles

  • Liga de Arte de San Juan

    0.29 miles

  • Escuela José Julián Acosta

    0.31 miles

  • Escuela de Artes Plásticas de Puerto Rico

    0.31 miles

  • Escuela Dr. José Celso Barbosa

    0.97 miles

  • Colegio San Agustín

    1.09 miles

  • Centro Head Start

    0.32 miles

  • Centro Early Head Start Guadalupe Álvarez Ramos

    1.42 miles

  • Centro Health Start La Puntilla

    1.43 miles

  • Little Genius

    1.46 miles

  • Taller Infantil

    2.13 miles

  • Little Angels Pre School

    2.18 miles

  • The Tree House

    2.29 miles

  • La canasta de Emanuel

    2.62 miles

  • Roses Day Care

    2.73 miles

  • Humpty Dumpty

    3.31 miles

Frequently Asked Questions

How much does 8-Story Open Layout Building in Old San Juan FOR SALE cost?

The space currently listed for sale at 8-Story Open Layout Building in Old San Juan FOR SALE asks for $9,500,000.

What is the total square footage of 8-Story Open Layout Building in Old San Juan FOR SALE?

8-Story Open Layout Building in Old San Juan FOR SALE totals 32,900 square feet.

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Contact Listing Broker

broker

Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate