Old San Juan, Recinto Sur Street - Former 12-room Hotel - FOR SALE

For Sale

329 Calle Recinto Sur, San Juan, PR 00901

This San Juan property for sale is located at 329 Calle Recinto Sur. The current listed sale price for Old San Juan, Recinto Sur Street - Former 12-room Hotel - FOR SALE is $3,600,000. Old San Juan, Recinto Sur Street - Former 12-room Hotel - FOR SALE is situated on a lot that is 0.05 acre in size.

Contacts

Milton Cofresi

Christiansen Commercial Real Estate

Property Details

  • Property Type Other
  • Property Size 11,140 SF
  • Lot Size 0.05 Acre
  • Date Updated May 6, 2026
Excellent location in the heart of historic Old San Juan, along Recinto Sur and Tetuan Street. The property is surrounded by commercial, residential, retail, office, and hospitality activity—including casual and fine dining, government offices, fashion boutiques, theaters, galleries, museums, and hotels. Positioned directly in front of two enclosed parking garages and near multiple parking facilities, offering more than 1,500 stalls.In shell condition, the former Cervantes Hotel features 12 rooms—6 junior suites, 5 master suites, and a grand presidential suite. This seven-story building is primed for redevelopment, with the first level offering a spacious restaurant space and outdoor seating—ideal for hospitality, boutique hotel, or mixed-use concepts. The building’s rooftop is its crown jewel, delivering sweeping Old San Juan views and the perfect setting for a future bar, restaurant, or exclusive guest amenity. Elevator service connects Levels 1 through 6, with private access to the presidential suite and rooftop from Level 7. The property requires restoration to reach its full potential, including electrical upgrades. A true diamond in the rough, this asset offers an unparalleled location, rich history, and exceptional long-term value for investors. Approved plans for enclosing the existing 7th-level sun deck are available. Space Breakdown • Level 1: Lobby, reception, administration, bathrooms, restaurant including bar, kitchen & maintenance area (2,016 SF) • Level 2: Small office & storage (764 SF) • Level 3: Four (4) guestroom suites (2,016 SF) • Level 4: Administration office with ½ bathroom & refrigerated storage (635 SF) • Level 5: Four (4) guestroom suites (2,045 SF) • Level 6: Three (3) guestroom suites (1,541 SF) • Level 7: Presidential suite (1,378 SF) • Sun Deck Roof: Terrace, laundry, bathroom & sun deck (745 SF) Elevator services Levels 1–6 publicly and Level 7 exclusively. Sun deck accessed via stairs from Level 6.
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Highlights

  • 12 rooms: 6 junior suites, 5 master suites, 1 presidential suite
  • Approved plans for enclosing Level 7 sun deck
  • Building Area: Approximately 11,140 SF
  • Coordinates: Latitude 18°27’53.60” N | Longitude -66°6’46.40” W
  • Cuerdas: .0489
  • Ground-level restaurant & bar space with outdoor seating
  • Multi-level parking facilities across the street
  • Multi-level structure with 7 stories
  • Property is in shell condition and without electricity
  • Property Tax Code: 040-003-065-15-001
  • Site Area: 192 square meters
  • Zoning: Commercial Intermediate (C-I)

Attachments

Getting around

  • 98/100

    Walk Score ®

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Location

  • City San Juan, PR
  • Neighborhood San Francisco
  • Zip Code 00901

Points of Interest

  • Parada de Taxis - Plaza Las Américas

    3.89 miles

  • Martínez Nadal

    5.15 miles

  • Deportivo

    5.44 miles

  • Centro Médico

    5.65 miles

  • Universidad (Plaza Universitaria)

    5.80 miles

  • Universidad (Museo)

    5.81 miles

  • Río Piedras

    6.04 miles

  • Cupey

    6.09 miles

  • Gulf

    0.92 miles

  • Total

    0.97 miles

  • Mobil

    1.09 miles

  • Phillips 66

    1.78 miles

  • Texaco

    2.20 miles

  • American Gasoline

    2.21 miles

  • Puma

    2.43 miles

  • Ecomaxx

    2.58 miles

  • Tesla Supercharger

    3.82 miles

  • Blink

    3.93 miles

  • Paseo Portuario

    0.03 miles

  • Doña Fela

    0.05 miles

  • Estacionamiento Covadonga

    0.14 miles

  • Estacionamiento La Puntilla

    0.28 miles

  • Estacionamiento Luis A. Ferré

    0.50 miles

  • Lote Oeste

    1.45 miles

  • Estacionamiento Don Tello

    1.51 miles

  • Estacionamiento Municipal La Puntilla

    1.60 miles

  • Estacionamiento Municipal de La Puntilla

    1.63 miles

  • Lote Este

    1.68 miles

  • Hotel Casablanca

    0.05 miles

  • Hotel Rumbao, A Tribute Portfolio Hotel

    0.07 miles

  • Hotel Milano

    0.08 miles

  • Fortaleza Guest House

    0.08 miles

  • Da'House

    0.10 miles

  • Posada San Francisco

    0.13 miles

  • S.J. Suites Hotel

    0.14 miles

  • Navona Studios

    0.14 miles

  • La Terraza

    0.22 miles

  • Hotel Plaza de Armas

    0.29 miles

  • Supermax

    0.22 miles

  • Marshalls

    0.23 miles

  • Lalo Cash+Carry

    1.02 miles

  • Supermercado Salazar

    1.09 miles

  • Super One Foods

    1.63 miles

  • Almacen La Isla de Cataño

    1.74 miles

  • Don Goyo Mini Market

    1.75 miles

  • Super Ahorros Eliud

    1.82 miles

  • All Ways 99

    1.85 miles

  • Colmado y Carnicería Vega

    1.85 miles

Contact Listing Broker
Milton Cofresi

Christiansen Commercial Real Estate

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