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.
For sale
$6,700,000
251/253 TETUAN STREET, SAN JUAN, PR 00901
--beds
0baths
24,250sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$276/sqft
$-- HOA
What's special
Distinctive bank vaultExpansive propertySoaring ceilings
- 419 days
- 197
- 12
Zillow last checked:
Listing updated:
Listed by:
Paula Lapciuc 305-989-0748,
PUERTO RICO SOTHEBY'S INT. REALTY 787-523-6500
Source: Stellar MLS,MLS#: PR9115746
Originating MLS: Puerto Rico

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None
Cooling
- None
Appliances
- Laundry: Other
Features
- Open Floorplan
- Basement: Interior Entry
- Has fireplace: No
Interior area
- Total interior livable area: 24,250 sqft
Property
Features
- Exterior features: Balcony, Sidewalk
- Has view: Yes
- View description: Gulf/Ocean - Partial
- Has water view: Yes
- Water view: Gulf/Ocean - Partial
Lot
- Size: 6,808 Square Feet
Details
- Parcel number: 040 002 055 23 000
- Zoning: MIXED
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Foundation: Basement
- Roof: Concrete
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: OLD SAN JUAN
HOA
- Has HOA: No
Location
- Region: San Juan
Financial & listing details
- Price per square foot: $276/sqft
- Date on market: 8/29/2025
- Cumulative days on market: 420 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Brick, Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Listed for sale | $6,700,000$276/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Old San Juan
Nearby schools
GreatSchools rating
No schools nearby
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