Old San Juan - Fmr Cervantes Hotel - FOR SALE - MOTIVATED SELLER

329 Calle Recinto Sur, San Juan, PR 00901

  • For Sale $3,800,000
  • Property Type Other
  • Property Size 11,140 SF
  • Lot Size 0.05 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 17, 2024
Excellent location along in the heart of historic Old San Juan, along Recinto Sur and Tetuan street. The property is close to many commercial, residential, retail, office and hotel components, such as casual and fine dining restaurants, government offices, fashion outlets, theaters, galleries, museums and hotels. Located in front of two enclosed parking buildings and near other parking facilities with over 1,500 spaces available.The former Cervantes Hotel, a historic gem in the heart of Old San Juan, offers approximately 11,140 square feet of potential. Currently in shell condition, this iconic building is a blank canvas, ready for a visionary developer to make it their own. With 12 rooms, including 6 junior suites, 5 master suites, and a luxurious presidential suite, as well as a ground-floor restaurant space with outdoor seating, the possibilities are endless. Located at the prime intersection of Recinto Sur and Tetuan Street, the property is surrounded by vibrant commercial, residential, and cultural landmarks, from fine dining to fashion outlets, government offices, museums, and theaters. Conveniently positioned near parking facilities with over 1,500 stalls available, it’s an ideal location for any future development. This multi-level structure includes: Level 1: Lobby, reception, administration, bathrooms, restaurant, bar, kitchen, and maintenance area (2,016 SF) Level 2: Small office and storage (764 SF) Levels 3-6: Guestroom suites totaling 9 rooms Level 7: Presidential suite and private sun deck with terrace and panoramic views With elevator access to the first six levels and exclusive access to the seventh floor, this property is a rare opportunity to restore a historic treasure and create something truly extraordinary.

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Highlights

  • The property is in shell condition and without electricity.
  • Multi-level Parking: Directly across the street
  • Levels: 7 stories
  • Units: 12
  • Cuerdas: .0489
  • Site Area: 192 square meters
  • Retail: Restaurant & bar space at ground level with outdoor seating area
  • Zoning: Commercial Intermediate (C-I)
  • Property Tax Code: 040-003-065-15-001
  • Coordinates: 18°27’53.60”N, 66°6’46.40”W

Contacts

broker

Milton Cofresi

Christiansen Commercial Real Estate

Location

Getting Around

  • Walk Score ®

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

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    3.89 miles

  • Martínez Nadal

    5.15 miles

  • Deportivo

    5.44 miles

  • Centro Médico

    5.65 miles

  • Universidad (Plaza Universitaria)

    5.80 miles

  • Universidad (Museo)

    5.81 miles

  • Río Piedras

    6.04 miles

  • Cupey

    6.09 miles

  • Gulf

    0.92 miles

  • Total

    0.97 miles

  • Mobil

    1.09 miles

  • Phillips 66

    1.78 miles

  • Texaco

    2.20 miles

  • American Gasoline

    2.21 miles

  • Puma

    2.43 miles

  • Ecomaxx

    2.58 miles

  • Tesla Supercharger

    3.82 miles

  • Blink

    3.93 miles

  • Paseo Portuario

    0.03 miles

  • Doña Fela

    0.05 miles

  • Estacionamiento Covadonga

    0.14 miles

  • Estacionamiento La Puntilla

    0.28 miles

  • Estacionamiento Luis A. Ferré

    0.50 miles

  • Lote Oeste

    1.45 miles

  • Estacionamiento Don Tello

    1.51 miles

  • Estacionamiento Municipal La Puntilla

    1.60 miles

  • Estacionamiento Municipal de La Puntilla

    1.63 miles

  • Lote Este

    1.68 miles

  • Hotel Casablanca

    0.05 miles

  • Hotel Rumbao, A Tribute Portfolio Hotel

    0.07 miles

  • Hotel Milano

    0.08 miles

  • Fortaleza Guest House

    0.08 miles

  • Da'House

    0.10 miles

  • Posada San Francisco

    0.13 miles

  • S.J. Suites Hotel

    0.14 miles

  • Navona Studios

    0.14 miles

  • La Terraza

    0.22 miles

  • Hotel Plaza de Armas

    0.29 miles

  • Panza Fine Dining

    0.00 miles

  • Genesis

    0.01 miles

  • Istanbul Restaurant

    0.01 miles

  • Vaca Brava

    0.02 miles

  • Buns Burger Shop

    0.02 miles

  • Mojitos

    0.02 miles

  • Raíces

    0.04 miles

  • Moreno's Stop Bar Rest.

    0.05 miles

  • Lupis

    0.05 miles

  • Inarú

    0.05 miles

  • Escuela José Julián Acosta

    0.12 miles

  • Universidad Carlos Albizu

    0.13 miles

  • Escuela Abraham Lincoln

    0.20 miles

  • Colegio de Párvulos

    0.26 miles

  • Seminario Conciliar

    0.39 miles

  • Centro de Estudios Avanzados de Puerto Rico y el Caribe

    0.40 miles

  • Liga de Arte de San Juan

    0.44 miles

  • Escuela de Artes Plásticas de Puerto Rico

    0.47 miles

  • Escuela Dr. José Celso Barbosa

    0.77 miles

  • Colegio San Agustín

    0.90 miles

  • Centro Head Start

    0.27 miles

  • Little Genius

    1.27 miles

  • Centro Health Start La Puntilla

    1.44 miles

  • Centro Early Head Start Guadalupe Álvarez Ramos

    1.46 miles

  • Taller Infantil

    1.96 miles

  • Little Angels Pre School

    2.01 miles

  • The Tree House

    2.12 miles

  • La canasta de Emanuel

    2.46 miles

  • Roses Day Care

    2.57 miles

  • Humpty Dumpty

    3.13 miles

Frequently Asked Questions

How much does Old San Juan - Fmr Cervantes Hotel - FOR SALE - MOTIVATED SELLER cost?

The space currently listed for sale at Old San Juan - Fmr Cervantes Hotel - FOR SALE - MOTIVATED SELLER asks for $3,800,000.

What is the total square footage of Old San Juan - Fmr Cervantes Hotel - FOR SALE - MOTIVATED SELLER?

Old San Juan - Fmr Cervantes Hotel - FOR SALE - MOTIVATED SELLER totals 11,140 square feet.

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Contact Listing Broker

broker

Milton Cofresi

Christiansen Commercial Real Estate