Fixer Upper
Address
302 Calle Fortaleza, OLD SAN JUAN, PR
Price
$ 4,800,000
Property Attributes
  • MLS#PR9122954
  • TypeCommercial
  • Listing Status Active
  • CountySan Juan
  • CityOLD SAN JUAN
  • AreaSan Juan
  • Zip00901
  • StyleMixed Use
  • Year Built1960
  • Taxes$ 9330
  • Price$ 4,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24000
  • Lot Size0.1 Acres
Data Source:
Stellar MLS
Property Description

An incredible and rarely available opportunity to acquire a 6-story building perfectly positioned for premium Mixed-Use development (Luxury Apartments, Boutique Hotel, or Corporate Headquarters). Situated on the Prime Commercial Corridor of Fortaleza Street, guaranteeing high foot traffic and exceptional visibility. Six expansive floors, totaling 24,000 square feet (4,000 SF per floor), offering immense design flexibility. Each floor opens to a unique interior open atrium, flooding the space with natural light and optimizing cross-ventilation—a feature critical for high-end residential and hospitality design. Includes an existing, non-operational elevator shaft/structure. In Old San Juan, this rare feature dramatically bypasses the significant bureaucratic hurdles and complex permitting process typically required for new vertical transportation, saving months of time and substantial cost. Features an operational retail store on the ground floor, providing immediate income to offset carrying costs during the planning and permitting phase.

Price History
7/23/2026 Listed $4,800,000

General Features

Heating None
Cooling None
Utilities Public
Roof Concrete
Construction Materials Concrete
Year Built 1960
Electric 150 Amp Service,3 Phase,Separate Meters
Levels Three Or More
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
County San Juan
New Construction false
Property Type Commercial Sale
Facing Direction North
Status Active
Directions Capitolio de Puerto Rico San Juan, 00902 Continue to Av. Luis Muñoz Rivera/PR-25R Follow P.º Covadonga/PR-38 to C. del Recinto Sur Continue onto C. del Recinto Sur Turn right onto Ca. de la Tanca Turn right onto C. de la Fortaleza Destination will be on the right
City OLD SAN JUAN
MLS Area 00901 - San Juan
Lot Size Units Square Feet
Lot Size Square Feet 4000
Tax Annual Amount 9330
Property Condition Fixer
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/PR9122954
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Access Y/N false
Water View Y/N false
Flood Zone Code no

Interior Features

Flooring Concrete
Total Stories 6
Air Conditioning Y/N false
Heating Y/N false

Exterior Features

Water Source Public
Lot Size Area 4000
Foundation Details Concrete Perimeter,Stilt/On Piling
Number of Buildings 1
Building Area Total 24000
Lot Size Acres 0.1
Road Surface Type Brick,Limerock
Waterfront Y/N false
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 6
Road Frontage Type Business District,City Street

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 Commercial Average in 00901

Price
AVG $3.36M
$4.8M
Taxes
AVG $8,051
$9,330
Year Built
AVG 1896
1960