Water Views
Address
251/253 Tetuan Street, SAN JUAN, PR
Price
$ 6,700,000
Property Attributes
  • MLS#PR9115746
  • TypeIncome
  • Listing Status Active
  • CountySan Juan
  • CitySAN JUAN
  • AreaSan Juan
  • NeighborhoodOLD SAN JUAN
  • Zip00901
  • StyleMulti Family (5+)
  • Year Built1920
  • Price$ 6,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24250
  • Lot Size0.16 Acres
Data Source:
Stellar MLS
Property Description

A rare opportunity to own a piece of Puerto Rico’s architectural history awaits at 251 and 253 Tetuan Street in Old San Juan. Designed by renowned Czech architect Antonin Nechodoma and built in 1920, this expansive property was formerly the historic Scotia Bank. The iconic building is offered in a cleaned shell condition, providing a blank canvas for visionary investors to reimagine it as an unparalleled masterpiece with mixed zoning. Spanning five floors with soaring ceilings and a distinctive bank vault in the basement, the building lends itself perfectly to a variety of concepts, including a multi-family or hospitality project. The scale and historic character of the property make it an ideal anchor space in the heart of one of the Caribbean’s most visited destinations. Strategically located at the corner of Tetuan Street and San Justo Street, this prominent building enjoys exceptional visibility and steady pedestrian traffic, just moments away from the bustling cruise port. Once the island’s thriving financial hub, Tetuan Street was home to Puerto Rico’s major banks and remains lined with iconic architecture. Today, it has transformed into a vibrant corridor filled with tourists, shops, and cultural landmarks. This prime corner location places your venture at the intersection of history and opportunity in one of the most dynamic areas in Puerto Rico.

Price History
12/19/2025 Listed $6,700,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Public
Roof Concrete
Zoning MIXED
Construction Materials Concrete
Year Built 1920
Property Subtype Multi Family (5+)
Ownership Fee Simple
County San Juan
New Construction false
Property Type Residential Income
Subdivision Name OLD SAN JUAN
Garage Y/N false
Status Active
Directions Head northwest on Av. de la Constitucion/Av. Juan Ponce de Leon/PR-25 toward Av. Hipodromo. Continue to follow Av. Juan Ponce de Leon/PR-25. Continue straight onto Av. Luis Munoz Rivera/PR-25. Continue to follow Av. Luis Muñoz Rivera. Slight right toward C. de San Francisco. Continue straight onto C. de San Francisco. Turn left onto C. de San Justo. Turn left at the 2nd cross street onto C. Tetuan. Destination will be on the left.
City SAN JUAN
Number Of Units Total 33
MLS Area 00901 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 6808
Carport Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water View Gulf/Ocean - Partial
Water Access Y/N false
Water View Y/N true
Flood Zone Code X
Flood Zone Code X Yes

Interior Features

Interior Amenities Open Floorplan
Basement Interior Entry
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Other
LivingAreaSource Estimated

Exterior Features

Exterior Amenities Balcony,Sidewalk
Water Source Public
Lot Size Area 6808
Foundation Details Basement
Number of Buildings 1
Lot Size Acres 0.16
Road Surface Type Brick,Other
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 00901

Price
AVG $4.02M
$6.7M
Year Built
AVG 1907
1920