About this property
This is an 8-story commercial office building, formerly the home of Fomento Cooperativo, and referred to as Golden Mile Building, consisting of approximately 100,000 square feet supported by approximately 225 parking stalls.
This property is centrally located in the periphery of the Hato Rey financial district, perfectly positioned with direct access to Luis Muñoz Rivera, Ponce de Leon & Jesus Piñero Avenues, and State Roads PR-1 & PR-3, all significant traffic arteries within the downtown central business district of Hato Rey in San Juan.
Whether reactivating as an office building or converting to a residential condominium building, hotel, multi-family, or mixed-use development, among others, the future owner of this asset will have strong upside potential due to the strategic location, strong demographics, and existing improvements including a solid building structure and parking garage. Another potential use with strong demand in the immediate vicinity is to reposition as student housing given its proximity to the University of Puerto Rico, Rio Piedras Campus.
Don’t miss this unique re-development opportunity!
Property Highlights
Address: 1058 Av. Luis Muñoz Rivera, San Juan, PR
Site Area: (3,068 sq. meters) (4,930.5 sq. ft.) (.78 cuerdas)
Building Area: 98,227 gross sq. ft.
Parking: 250 stalls
Coordinates: 18.39988N, -66.05652W
Zoning: C-2 (Commercial Central Intermediate)
Flood Zone: Zone X
Seller Financing: Subject to negotiation
Property details
- Property Type
- Residential
- Building Type
- Freestanding
- Building Size
- 98,227 sqft
- Land Size
- 3,068 sqm
- Units
- 100
- Sewer
- Yes
- Water
- Yes
- Zoning
- C-2 Commercial
- Electric
- Yes
- Parking
- 250
Documents 2 files
Last updated: Sep 30, 2026
Location
- Address
-
1058 Av. Luis Muñoz Rivera
San Juan, 00924