205 LUNA

Residential Income

$6,500,000

Property ID:

None

Year Built

1913

Area

21899 Square Feet

Lot Size

0.15 Square Feet

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.

MLS #PR9118739 · Listing agent: Coral Bouret · BOURET REAL ESTATE

Additional Details

Laundry Features: None
Cooling: Central Air
Street Number: 205
Directions: From LMM Int'l Airport take PR-26 West into Old San Juan. Continue into Plaza Colon along San Francisco Street, turn right on Cruz Street, and right on Luna Street. Park at La Cochera Parking Garage which will be on your right. Building is directly in front of La Cochera Parking Garage on Luna Street.
Listing Id: PR9118739
List Office Name: BOURET REAL ESTATE
List Agent Full Name: Coral Bouret
Foundation Details: Slab
Levels: Three Or More
List Agent MLS Id: 743575195
List Office MLS Id: 743580020
Lot Size Area: 6920
Street Name: LUNA
Utilities: BB/HS Internet Available, Electricity Connected, Water Connected
Lot Features: Historic District
Lot Size Square Feet: 6920