Caribbean MLSReal Estate

Unique opportunity in Puerta de Tierra, San Juan

Not published

The brief

The reason to consider it.

A commercial lot with an existing structure is for sale, ideal for development or renovation. This property comprises two lots totaling 569 m² and previously served as a laundry, offering potential for multiple commercial uses.

Located in a high-traffic area with excellent visibility, in the heart of Puerta de Tierra, minutes from Old San Juan and major access roads. Its Central Intermediate Commercial classification allows for a variety of uses in accordance with the land use plan.

Ideal for investors or developers looking to establish themselves in a strategic location with great potential.

Last confirmed

Type
Commercial
Land
6,125 ft²
Use
Mixed use
Lettable area
6,103 ft²
Parking
0
Zoning
Central Intermediate Commercial
Year built
Available on request

What this listing includes

  • Parking
  • Conference room

What people say about Puerto Rico

Accounts from Puerto Rico agree on one point above all: the electric grid.

  • Concern Unreliable grid and outages; backup power treated as a normal ownership cost
  • Concern Hurricane and flood exposure; insurance limits, exclusions and timing need checking before buying
  • Positive Foreign buyers can hold title; purchase runs through option contract, title study and attorney-notary
  • Mixed Act 60 incentives still attract buyers but are narrowing and conditional for new applicants

Read what people say, based on 11 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law