Address
205 Luna, OLD SAN JUAN, PR
Price
$ 6,500,000
Property Attributes
  • MLS#PR9118739
  • TypeIncome
  • Listing Status Active
  • CountySan Juan
  • CityOLD SAN JUAN
  • AreaSan Juan
  • NeighborhoodOLD SAN JUAN
  • Zip00901
  • StyleTriplex
  • Year Built1913
  • Price$ 6,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21899
  • Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description

In the heart of Old San Juan, where centuries of architecture frame the city’s most storied streets, 205 Luna rises as one of the district’s most remarkable commercial offerings: a fully restored, 21,899-square-foot historic building anchored by a 1913 theater. Originally home to Cine Luna—one of Puerto Rico’s earliest movie houses—the property has lived many lives, and today stands renewed after an extensive restoration by Universidad Carlos Albizu. This rare, mid-scale structure blends institutional quality with architectural heritage, offering a flexible canvas for cultural, educational, corporate, and creative uses. The building’s centerpiece is its meticulously rebuilt theater: an intimate performance and screening hall ideal for lectures, premieres, conferences, and private events. A gracious reception foyer and large interior patio establish an elegant arrival sequence suitable for gatherings, exhibitions, and hospitality activations. Through a central stair and elevator, the second and third floors reveal expansive office suites, private offices, conference rooms, and large open work areas—easily adaptable for a single anchor tenant, a hybrid innovation hub, or a multi-tenant professional environment. With its restored façade, modern infrastructure, and elevator access, 205 Luna offers the scale, history, and architectural presence rarely found in Old San Juan. Its zoning and configuration support an extraordinary range of possibilities: a cultural and innovation campus, creative industry headquarters, satellite university center, boutique event venue, or corporate flagship with a public-facing theater. Offered at $6,500,000, this is a singular opportunity to steward a revitalized landmark and define its next chapter in one of the Caribbean’s most iconic urban settings. EXECUTIVE SUMMARY: A Historic Theater and 21,899 SF Commercial Building Positioned for Institutional, Cultural, and Creative Re-Use. 205 Luna Street is a 21,899 SF, three-level historic building in Old San Juan featuring a fully restored 1913 theater at its core. After decades of disrepair, the property underwent a comprehensive rehabilitation completed in 2018 by Universidad Carlos Albizu, transforming it into a modern institutional-grade facility while preserving its architectural character. Today, the building offers exceptional flexibility for cultural, educational, office, and creative uses.

Price History
1/22/2026 Listed $6,500,000

General Features

Sewer Public Sewer
Heating None
Cooling Central Air
Utilities BB/HS Internet Available,Electricity Connected,Water Connected
Roof Other
Zoning C3
Construction Materials Other
Year Built 1913
Levels Three Or More
Property Subtype Triplex
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 From LMM Int'l Airport take PR-26 West into Old San Juan. Continue into Plaza Colon along San Francisco Street, turn right on Cruz Street, and right on Luna Street. Park at La Cochera Parking Garage which will be on your right. Building is directly in front of La Cochera Parking Garage on Luna Street.
City OLD SAN JUAN
Number Of Units Total 1
MLS Area 00901 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 6920
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
Occupancy Type Owner
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Interior Features

Interior Amenities Elevator,High Ceilings,Skylight(s)
Basement Partial
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Laundry Features None
LivingAreaSource Owner

Exterior Features

Exterior Amenities Balcony,Courtyard
Lot Features Historic District
Water Source Public
Lot Size Area 6920
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.15
Road Surface Type Paved
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
$6.5M
Year Built
AVG 1907
1913