Former 12-room Hotel @ Old San Juan - FOR SALE - MOTIVATED SELLER

The former Cervantes Hotel is located at the prime intersection of Recinto Sur and Tetuan Street in the heart of Old San Juan. The property is surrounded by a dynamic mix of commercial, residential, and cultural landmarks, including fine dining restaurants, fashion boutiques, government offices, museums, and theaters. It is conveniently positioned near parking facilities, with over 1,500 parking stalls available at Paseo Portuario and Doña Fela Parking Garaje across the street, making it easily accessible for visitors. The vibrant neighborhood offers a unique blend of historic charm and modern amenities, adding immense appeal to any future development.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.