Homes for sale - 205 LUNA, Old San Juan, PR 00901

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Alexandrea Turner

alexandrea@veraxrealty.com +1(352) 783-2462

$6,500,000

Est. payment - /mo

21,899 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 21,899 sqft

Price per Sqft $296

Subdivision Old San Juan

MLS Listing ID PR9118739

HOA Y/N No

Year Built 1913

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Source Stellar MLS

Property Description

In the heart of Old San Juan, where centuries of architecture frame the city's most storied streets, 205 Luna rises as one of the district's most remarkable commercial offerings: a fully restored, 21,899-square-foot historic building anchored by a 1913 theater. Originally home to Cine Luna—one of Puerto Rico's earliest movie houses—the property has lived many lives, and today stands renewed after an extensive restoration by Universidad Carlos Albizu.

This rare, mid-scale structure blends institutional quality with architectural heritage, offering a flexible canvas for cultural, educational, corporate, and creative uses. The building's centerpiece is its meticulously rebuilt theater: an intimate performance and screening hall ideal for lectures, premieres, conferences, and private events. A gracious reception foyer and large interior patio establish an elegant arrival sequence suitable for gatherings, exhibitions, and hospitality activations.

Through a central stair and elevator, the second and third floors reveal expansive office suites, private offices, conference rooms, and large open work areas—easily adaptable for a single anchor tenant, a hybrid innovation hub, or a multi-tenant professional environment.

With its restored façade, modern infrastructure, and elevator access, 205 Luna offers the scale, history, and architectural presence rarely found in Old San Juan. Its zoning and configuration support an extraordinary range of possibilities: a cultural and innovation campus, creative industry headquarters, satellite university center, boutique event venue, or corporate flagship with a public-facing theater.

Offered at $6,500,000, this is a singular opportunity to steward a revitalized landmark and define its next chapter in one of the Caribbean's most iconic urban settings.

EXECUTIVE SUMMARY: A Historic Theater and 21,899 SF Commercial Building Positioned for Institutional, Cultural, and Creative Re-Use.
205 Luna Street is a 21,899 SF, three-level historic building in Old San Juan featuring a fully restored 1913 theater at its core. After decades of disrepair, the property underwent a comprehensive rehabilitation completed in 2018 by Universidad Carlos Albizu, transforming it into a modern institutional-grade facility while preserving its architectural character. Today, the building offers exceptional flexibility for cultural, educational, office, and creative uses.

Location

State PR

County San Juan

Community Old San Juan

Area 00901 - San Juan

Zoning C3

Interior

Interior Features Elevator, High Ceilings

Heating None

Cooling Central Air

Fireplace false

Laundry None

Exterior

Exterior Feature Balcony, Courtyard

Utilities Available BB/HS Internet Available, Electricity Connected, Water Connected

Roof Type Other

Garage false

Private Pool No

Building

Lot Description Historic District

Entry Level Three Or More

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Coral Bouret BOURET REAL ESTATE

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205 LUNA Old San Juan, PR 00901