RE-DEVELOPMENT SITE IN PUERTA DE TIERRA FOR SALE

No. 204-206 Ponce De León Avenue, Puerta De Tierra Sector, San Juan, PR 00901

  • For Sale $9,000,000
  • Property Type VacantLand
  • Lot Size 0.62 Acre
  • Date Updated Jan 14, 2025
Explore the potential of San Juan’s Puerta de Tierra sector, a historic area with opportunities for redevelopment. Just a short walk from the property, Castillo San Felipe del Morro provides a glimpse into the city’s past, while Paseo de la Princesa offers charming architecture and waterfront views. Experience local culture at the Museo de Las Americas or enjoy nearby restaurants. The property's prime location near key landmarks makes it a strong opportunity for investors in the multifamily or hospitality sectors.Located in the Puerta de Tierra sector of San Juan, this property was once the El Vocero Newspaper headquarters. The site includes a 53,397-square-foot, three-story building on a 2,512.39-square-meter lot. As part of the neighborhood’s ongoing revitalization, the El Vocero building is set to be renovated and converted into a 44-room hotel with food, beverage and retail spaces. In addition, a 10-story luxury residential tower with eight 3-bedroom units is planned for the site, just west of the main building. This presents a strong opportunity for hospitality and multi-family developers or investors, offering both tax exemptions and the potential for significant returns as property values continue to rise in the area.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Asking Price: $9,000,000 OBO
  • Tax Code #'s: 040-004-127-03; 040-004-127-10; 040-004-127-11; 040-004-127-12
  • Coordinates: 18.46528726, -66.10078790
  • Land Area: 2,512.3918 Square Meters (27,043.16 Square Feet)
  • Zoning: C-3 & CT-3
  • Flood Classification: X (non-floodable)
  • Gross Building Area: 53,397 SF within three (3) levels - Basement (18,711 SF), 1st Level (17,343 SF) & 2nd Level (17,343 SF)
  • No. of Stories: Three (3)
  • Year Built: 1925
  • Renovations: 1950 and 1970
  • Proposed Plans: Converting the former El Vocero building into a 44-room hotel with retail and dining spaces, along with a new 10-story luxury residential tower featuring eight 3-bedroom units on the vacant lots to the west.

Contacts

broker
Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
Powered by Walk Score ®
  • City San Juan, PR
  • Neighborhood Puerto de Tierra
  • Zip Code 00901

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    3.45 miles

  • Martínez Nadal

    5.13 miles

  • Universidad (Plaza Universitaria)

    5.31 miles

  • Universidad (Museo)

    5.33 miles

  • Centro Médico

    5.38 miles

  • Río Piedras

    5.58 miles

  • Cupey

    5.74 miles

  • Deportivo

    5.86 miles

  • Total

    0.18 miles

  • Gulf

    0.21 miles

  • Mobil

    0.30 miles

  • Texaco

    1.53 miles

  • Ecomaxx

    1.91 miles

  • Puma

    2.02 miles

  • Tesla Supercharger

    3.88 miles

  • Blink

    3.95 miles

  • Estacionamiento Luis A. Ferré

    0.29 miles

  • Estacionamiento Covadonga

    0.65 miles

  • Paseo Portuario

    0.77 miles

  • Doña Fela

    0.83 miles

  • Lote Oeste

    0.90 miles

  • Estacionamiento La Puntilla

    1.04 miles

  • Lote Este

    1.12 miles

  • Miramar Living Paking

    1.18 miles

  • Olimpo Court Hotel Parking

    1.20 miles

  • Casita Miramar Parking

    1.20 miles

  • Hotel Puerto Valdés

    0.16 miles

  • Hotel Rumbao, A Tribute Portfolio Hotel

    0.75 miles

  • Posada San Francisco

    0.75 miles

  • Hotel Casablanca

    0.82 miles

  • Da'House

    0.83 miles

  • Hotel Milano

    0.85 miles

  • Fortaleza Guest House

    0.86 miles

  • Michella

    0.89 miles

  • Navona Studios

    0.91 miles

  • Aloft San Juan

    0.91 miles

  • Tostado*

    0.03 miles

  • El Fogón De Mamita

    0.09 miles

  • Cafeteria Alberto

    0.19 miles

  • Víctor Cafe

    0.22 miles

  • Kisoro Chinese Food

    0.22 miles

  • El Lobo

    0.28 miles

  • KFC

    0.32 miles

  • El Sanjuanero

    0.33 miles

  • Pizzelecalzon

    0.36 miles

  • El Charro

    0.37 miles

  • Escuela Dr. José Celso Barbosa

    0.06 miles

  • Colegio San Agustín

    0.11 miles

  • Escuela Martín G. Brumbaugh

    0.34 miles

  • Escuela José Julián Acosta

    0.68 miles

  • Universidad Carlos Albizu

    0.84 miles

  • Escuela Abraham Lincoln

    0.86 miles

  • Colegio de Párvulos

    0.96 miles

  • Seminario Conciliar

    1.16 miles

  • Centro de Estudios Avanzados de Puerto Rico y el Caribe

    1.17 miles

  • Liga de Arte de San Juan

    1.20 miles

  • Little Genius

    0.48 miles

  • Centro Head Start

    0.88 miles

  • Little Angels Pre School

    1.32 miles

  • Taller Infantil

    1.33 miles

  • The Tree House

    1.46 miles

  • Centro Health Start La Puntilla

    1.63 miles

  • Centro Early Head Start Guadalupe Álvarez Ramos

    1.73 miles

  • La canasta de Emanuel

    1.82 miles

  • Roses Day Care

    1.94 miles

  • Humpty Dumpty

    2.39 miles

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Daniel Prieto, MAI, CCIM

Christiansen Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.