9181 MARINA ST Ponce, Puerto Rico

Historic Treasure & Development Opportunity – Calle Marina 9181, Ponce, Puerto Rico Two Properties, One Vision – Transform Ponce’s History into a World-Class Destination Own a rare piece of Puerto Rico’s architectural heritage and turn it into a high-income-producing investment. Built in 1897, this Spanish Colonial masterpiece sits in the heart of Ponce, just steps from the city’s most famous landmarks — Casa de Bombas and Parque Las Delicias. This unique offering includes two adjoining properties (two separate deeds) totaling 1,058.89 m² / 11,399 ft² / 0.26 acres: A two-story historic building (~7,890 ft²) with two commercial storefronts and a spacious central courtyard. An adjacent lot ideal for parking, expansion, or the addition of 15–20 more rooms. Though the main building experienced fire damage in 2023, its structure and historic character remain intact — ready for a visionary developer to restore and reimagine it as a boutique hotel, cultural attraction, or mixed-use project. Together, both lots can accommodate a 25–30 room boutique hotel blending old-world charm with modern amenities — pool, courtyard dining, rooftop terrace, or coworking lounge. Investment Opportunity – Boutique Hotel Redevelopment | Ponce, Puerto Rico Rare opportunity to acquire a historic 1897 Spanish Colonial property + adjoining lot in the heart of Ponce’s cultural district. This asset is ideal for investors seeking a redevelopment project with high upside and eligibility for 40% Tourism Tax Credits (Act 60). The Opportunity Two combined parcels totaling approx. 1,014 m² (0.25 acres) with an existing 7,890 ft² historic structure ready for full restoration. The building suffered fire damage in 2023 and currently requires a complete second-floor reconstruction. The adjacent lot must be cleared and is suitable for parking or future expansion. Development Potential Perfect for a 25–30 room boutique hotel, with space for: • 2 commercial storefronts • Central courtyard + pool • Rooftop terrace • Outdoor dining & lounge areas Financial Snapshot • Purchase Price: $450,000 (Cash Only) • Renovation Estimate: $300,000–$500,000 • ADR: $145–$165 • Occupancy: ~70% • Strong projected returns with Act 60 incentives Requirements • Proof of Funds required before showing • NDA required for plans and financials • Seller financing available up to 50% for qualified investors This asset is ideal for developers, hotel operators, and value-add investors seeking a high-impact project in a rapidly revitalizing city.