Five Contiguous Buildings near Ciudadela

Almost the entire block of Calle Mayol across from Plaza Inmaculada/Santurce Medical Mall. Can be purchased as one contiguous assemblage or two separate parcels. 604, 606, 608 Calle Mayol plus 1765, 1767 Ave. Fernandez Juncos 3 vacant shells, two occupied apartment buildings.

While these buildings were falling into disrepair, the surrounding neighborhood of Santurce has become the center of San Juan’s ARTS DISTRICT and seen a major revival with the completion of the Ciudadela complex just 5 blocks (880 meters) away.

This area of Ponce de Leon and Fernandez Juncos is the last undeveloped area of Santurce and strategicly located between Ciudadela and Tren Urbano/Sagrado Corazon.

Buildings could be renovated/demolished to add value to apartmetns by providing parking - or all could be demolished for a larger project.

Calle Mayol 604: 347 sq. meters lot. Four story shell, courtyard/parking, gate.

The four story building on the right is Calle Mayol #604 which can be renovated as rental apartments, condos or AirBnb. It had previously been renovated as 13 condo units plus commercial space - but never sold (see 4 floor layouts at www.puertoricopropertysales.com). Completely stripped, would be a straighforward renovation if same layout maintained.

Calle Mayol 606: 233 sq. meters lot/two story shell.

The two-story building on the left is Calle Mayol #606 which can be demolished to create parking for apartments renovated at 604 Calle Mayol. Previously had been comercial space and apartments.

Calle Mayol 608:216 sq. meters lot. (right in photo on behind purple/yellow buildings)

Building could be renovated or demolished to make parking spaces for the apartments. Previously used as commercial space and apartments.

Fernandez Juncos 1765: 152 sq. meters lot/two story shell (left in photo)

One 3 bedroom/1 bath apartments and one 2 bedroom/1bath apartment – one per floor, with potential to add another unit on rooftop. Recently renovated, and rented. Parking between the buildings is included (space for 2 cars)

Fernandez Juncos 1767:119 sq. meters lot/two story apartment building (right/corner in photo)

Two 3 bedroom/1 bath apartments – one per floor, with potential to add another unit on rooftop.

Recently renovated and rented (mix of fair market rentals and Section 8).

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Condition:AS IS/WHERE IS – 3 vacant shells / 2 occupied apartment buildings (4 apartments total).

Zoning: ZU-G2

GPS:18.440892, -66.062458

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Location: Across from Plaza Inmaculada, Inmaculada Elderly and Santurce Medical Mall - between Ponce de Leon and Fernandez Juncos Avenues. Facing future development site.

800 meters – Ciudadela, Lote 23, Pavia Hospital
900 meters – San Jorge Children’s Hospital
500 meters – Tren Urbano/24 Hour CVS & Univ. Sagrado Corazon.
Public Transportation: Parada 25 has some of the best public transportation in San Juan.

7 minute walk to Tren Urbano – Sagrado Corazon Station
Bus stop on Ponce de Leon for #T3 bus between Old San Juan & Sagrado Corazon via Miramar.
Bus stop on Ponce de Leon for #21 bus between Old San Juan & Sagrado Corazon via Condado.
Bus stop on Fernandez Juncos for #T9 bus between Old San Juan & Cupey via Sagrado Corazon.
Bus stop on Fernandez Juncos for #35 bus between PR Convention Center & Sagrado Corazon.

Synergy/Additional Potential: The block across the street had had several announced plans by the Municipio de San Juan over the years, but current plans unknown. The building on the corner of Ponce de Leon and Calle Mayol is owned by the PR Land Administration and subject to development proposals.