31-33 MARINA ST Ponce, PR 00730
7,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $89
MLS Listing ID PR9113878
Construction Status Under Renovation
HOA Y/N No
Year Built 1897
Annual Tax Amount $1,400
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Exceptional opportunity to acquire two adjacent properties in the heart of Historic Downtown Ponce, just steps from the iconic Plaza Las Delicias and Parque de Bombas.
This unique offering includes a historic Spanish Colonial building, originally constructed circa 1897, with approximately 7,000 square feet of existing improvements, situated on a 575 m² site, together with an adjacent development parcel of approximately 460 m², for a combined site area of approximately 1,035 m².
The property features generous interior spaces, two street-front commercial spaces, an interior courtyard, an existing swimming pool, and additional land offering flexibility for future expansion, parking, or new construction, subject to applicable governmental approvals.
Opportunities combining historic architecture, scale, prime location, and redevelopment potential are exceptionally rare in Historic Downtown Ponce. This property presents an outstanding opportunity to restore an architectural landmark while creating a boutique hotel, luxury inn, mixed-use development, restaurant, retail destination, residential lofts, or another hospitality or commercial project.
Puerto Rico's tourism industry continues to expand, while the inventory of historic properties suitable for adaptive reuse remains limited. For visionary investors and developers, this offering represents an opportunity to preserve an important piece of Puerto Rico's architectural heritage while creating a distinctive destination for future generations.
The existing structure requires substantial rehabilitation. Buyers are encouraged to independently verify zoning, development potential, historic preservation programs, tax incentives, tourism incentives, and all governmental approvals.
Seller financing may be available for qualified purchasers.
Location
State PR
County Ponce
Area 00730 - Ponce
Interior
Heating None
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Ceramic Tile, Concrete
Exterior
Parking Features Parking Spaces - 13 to 18, Curb Parking, Ground Level
Utilities Available Electricity Available, Phone Available, Public, Underground Utilities
Water Access No
Building
Lot Description Historic District, City Limits, Interior Lot, Near Public Transit, Neighbourhood, Special Taxing District
Story 2
Entry Level Two
Foundation Other
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Construction Status Under Renovation
Others
Ownership Corporation
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition None
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