$3,800,000

Commercial

Viejo San Juan -Zona Historica, San Juan - Viejo SJ, Puerto Rico

An opportunity to acquire a flagship, high-visibility commercial asset at the primary entrance of Old San Juan. 251 Recinto Sur (12,769 square feet) presents a compelling redevelopment opportunity, with the ability to deliver the building fully vacant at closing, eliminating tenant displacement risk and allowing for immediate execution. The asset is located within Puerto Rico’s Opportunity Zone and benefits from a favorable tax environment including Act 60 incentives and eligibility for Federal Historic Tax Credits, creating a structure that can materially enhance after-tax returns. The property’s scale, configuration, and location support a wide range of uses, including boutique hospitality, luxury residential, food-and-beverage, and mixed-use commercial concepts. Its position directly adjacent to the Port of San Juan, serving as the first point of contact for the district, places it w…

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