9181 MARINA STREET

Historic Treasure & Development Opportunity – Calle Marina 9181, Ponce, Puerto Rico

A Spanish Colonial Masterpiece Built in 1897 – Ready for Restoration and High-Return Investment

Own a rare historic property in the heart of Ponce’s cultural district. Built in 1897, this Spanish Colonial gem offers extraordinary architectural charm and the perfect canvas for a boutique hospitality or mixed-use project.

Located steps from Casa de Bombas and Parque Las Delicias, this property places you at the center of Ponce’s vibrant historic zone.

Property Overview

This listing includes one property only — a standalone historic building with:

7,800 ft² of structure

597 m² / 6,492 ft² of land

Mixed-use zoning, offering excellent flexibility

Two commercial storefronts at street level

Large open patio ideal for outdoor amenities

Existing 20′ x 30′ pool with ample deck space

Ground-floor office space

Two shared bathrooms (men & women)

Partially prepared laundry room

The building suffered fire damage in 2023, primarily affecting the second floor. It requires reconstruction of:

Roof

Second-floor structure

Flooring

Bathrooms

Windows & doors

Interior wall divisions

Despite the damage, the historic character and architectural value remain intact—an exceptional opportunity for restoration.

Development Potential

With thoughtful design, the second floor can accommodate up to 7 elegant one-bedroom apartments, combining:

Comfortable interior layouts

Stylish, functional designs

Classic details inspired by 1800s Hispanic architecture

The large patio and pool area can be transformed into:

A relaxing lounge deck

Outdoor dining or cocktail terrace

Event or gathering spaces

Perfect for:

Boutique hotel

Short-term rentals

Mixed-use commercial + hospitality

Creative or cultural venue

Investment Highlights

Cash Price: $350,000 FIRM

Renovation Estimate: $300,000–$500,000

ADR Potential: $145–$165

Occupancy Potential: ~70%

You may also qualify for Act 60 Tourism Tax Credits, which allow investors to recover up to 40% of their total investment, significantly increasing ROI.

Additional Terms

Cash only

Proof of Funds required to coordinate showings

Property is sold AS-IS, WHERE-IS.

Not subject to appraisal