251/253 TETUAN ST San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Multi Family
Status: Active
$6,700,000
Sale
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.
Address: 251/253 TETUAN ST San Juan, Puerto Rico 00901

Additional Details

Interior

Laundry
Other
Other Interior Features
Open Floorplan

Exterior

Construction Materials
Concrete
Other Exterior Features
Balcony, Sidewalk

General

Days on Market
4

Area and Lot

Lot Size in Acres
0.16
Living Area in SQFT
24250
Utilities
Public

Financial

Annual Tax
$0
HOA Fees
$0

Location

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.

Interested in this property? Get in touch

Paula Lapciuc

License: #23438
1052 Ashford Ave
Suite 1
San Juan Puerto Rico, 00907

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