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$3,600,000
San Juan

Location San Juan

Original Ad

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.

Features

Former Cervantes Hotel 7-Story Building Rooftop Sun Deck With Old San Juan Views Level 1 Restaurant Space (2,016 Sf) Detailed Space Breakdown Per Level Approved Plans For Enclosing 7th-Level Sun Deck Ideal For Hospitality, Boutique Hotel, Or Mixed-Use
$3,600,000
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