$6,700,000

251/253 Tetuan St San Juan, PR 00901

Estimated payment $42,013/month

Total Views 3,126
-- Bed
-- Bath
24,250 Sq Ft
$276 Price per Sq Ft

Highlights

  • Partial Gulf or Ocean Views
  • No HOA
  • Street paved with bricks
  • Open Floorplan
  • Balcony

About This Home

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.

Listing Agent

Paula Lapciuc

PUERTO RICO SOTHEBY'S INTL. REALTY Brokerage Phone: 787-523-6500 License #23438 Listed on: 08/29/2025

PUERTO RICO SOTHEBY'S INTL. REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,808 Sq Ft Lot
  • Street paved with bricks

Home Design

  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 24,250 Sq Ft Home
  • Open Floorplan
  • Partial Bay or Harbor Views
  • Basement
  • Interior Basement Entry

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 33 Units
  • Old San Juan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040 002 055 23 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 24250
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1920
  • Lot Size Sq Ft: 6808
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 276.29
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 787-523-6500
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Foundation Details: Basement
  • Has Basement: Interior Entry
  • Living Area Meters: 2252.90

Exterior Features

  • Exterior Features: Balcony, Sidewalk
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Brick, Other
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: None
  • Heating: None
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MIXED
  • Parcel Number: 040 002 055 23 000
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 33
  • Total Num Buildings: 1
  • Unit Count: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 For Sale $6,700,000 -- $276 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: PR9115746

Stellar MLS