Mercantil Plaza
2 Av. Juan Ponce de León, San Juan, 00918
$29,900,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
307,728 sqft
Land Size
4.5 acres
Zoning
C-I
Parking
875
Property Description
Mercantil Plaza, a 15-story office building with adjacent lots with approximately 4.5 acres of land, presents an exceptional investment opportunity for market repositioning or redevelopment in the heart of Hato Rey’s Golden Mile. As the financial hub of San Juan, Puerto Rico, the Golden Mile’s strategic location enhances the asset’s appeal. The property’s physical and zoning flexibility, coupled with its proximity to transformative projects like the Popular Corporate Campus, ORO Hotel & Residences, and the revitalization of Caño Martín Peña, positions Mercantil Plaza as a highly attractive prospect for investors seeking opportunistic returns within a tax-efficient framework.
