Prized Bank of Nova Scotia Building in OSJ, A Prime Canvas for Redevelopment (Off Market)

For Sale, USD 6,700,000


251 and 253 Tetuan Street,

Property Type : N/A

Property Style : Multi Level

Build Size : 24,250 ft² / 2,253 m²

Land Size : N/A

Bedroom : 33

Bathroom : 0

Half Bathroom : 0

MLS#: PR9115746


Property Description

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 foot 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.
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Prized Bank of Nova Scotia Building in OSJ, A Prime Canvas for Redevelopment, Puerto Rico is a 24,250ft² Puerto Rico luxury N/A listed for sale USD 6,700,000. This high end Puerto Rico N/A is comprised of 33 bedrooms and 0 baths. Find more luxury properties in Puerto Rico or search for luxury properties for sale in Puerto Rico.