$1,890,000

Georgetown Commercial Building

  • 3 Beds
  • 2 Baths
  • 3,000 Sqft
  • 19,602 Sqft lot

About the Property

An excellent opportunity to acquire an established mixed-use commercial property in Georgetown, Great Exuma. Situated on approximately 20,000 square feet of land, the property features an approximately 3,000-square-foot existing building that combines residential accommodation upstairs with a ground-floor commercial shell offering a blank canvas for a new vision.

The adaptable ground floo
An excellent opportunity to acquire an established mixed-use commercial property in Georgetown, Great Exuma. Situated on approximately 20,000 square feet of land, the property features an approximately 3,000-square-foot existing building that combines residential accommodation upstairs with a ground-floor commercial shell offering a blank canvas for a new vision.

The adaptable ground floor lends itself to a variety of potential uses, from retail and offices to hospitality, or another commercial venture, with the flexibility to design and configure the space around its intended purpose.

Upstairs, the property includes a three-bedroom, 1.5 bath apartment with a newly completed kitchen featuring marble countertops and wood cabinetry. All windows and glass doors have been replaced with hurricane-impact glass, while ceramic tile flooring extends throughout the property and onto the expansive approximately 2,000-square-foot outdoor terrace.

Property Highlights
• Approximately 20,000 sq. ft. lot
• Approximately 3,000 sq. ft. existing mixed-use building
• Ground-floor commercial shell ready for a new vision
• Flexible space for a variety of potential commercial uses
• Three-bedroom, 1.5-bath apartment upstairs
• Newly completed upstairs kitchen
• Marble countertops and wood cabinetry
• New hurricane-impact windows and glass doors throughout
• Ceramic tile flooring throughout
• Approximately 2,000 sq. ft. tiled outdoor terrace

Additional Development Potential
Beyond the existing mixed-use building, fully approved construction plans are in place, together with construction budgets, positioning the project for immediate groundbreaking for the potential development of 16 hotel rooms. A redesigned layout of Lots 146 and 155 is available for those interested in exploring the development concept. The reconfigured layout is designed to separate the existing mixed-use commercial building from the proposed new construction, creating a clear distinction between the two components.

The plans contemplate 16 hotel units and approximately 28 parking spaces following construction. Floor plans for the upper and lower levels, together with the proposed development plans and reconfigured lot layout, are available for review.

With an existing mixed-use building, adaptable commercial space, residential accommodation above, and plans that introduce further development possibilities, this Georgetown property presents an intriguing opportunity for an entrepreneur, investor, or developer.
  • Property type

    Other

  • Year built

    1952

  • Price/sqft

    $630

Features

  • Terrace
  • 2D Floor Plan
  • Parking
  • Stone Countertops

Explore the Area

Georgetown Commercial Building , Georgetown, EX, George Town, Exuma, The Bahamas View on Google Maps
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Jacqueline Lightbourn

Joined 11 years ago
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Jacqueline Lightbourn
Bahamas
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14
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2019
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Bahamas Sotheby's International Realty
Bahamas Sotheby's International Realty
Windsor Business Park, Windsor Field Road, Bahamas
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Since 1945, Bahamas Sotheby’s International Realty has taken great pleasure in sharing our way of life with those
Since 1945, Bahamas Sotheby’s International Realty has taken great pleasure in sharing our way of life with those who come to The Bahamas in search of their dream residence. Whether an investor in search of a second home, or a family relocating to our unique and diverse country, our goal is to support our clients through the entire real estate process, ensuring that their transition is as smooth and transparent as possible. With offices in Abaco, Eleuthera (Governors Harbour, Harbour Island and Spanish Wells),  Nassau, Lyford Cay, Old Fort Bay and Baha Mar,  Bahamas Sotheby’s International Realty team members are your on-the-ground experts offering a wealth of market knowledge and insight tailored to each region of our stunningly beautiful country, as well as your personal needs. Conveniently located in Windsor Business Park, just minutes from the Lynden Pindling International Airport (NAS) on the western end of New Providence, our company headquarters serves all the most sought-after residential areas on New Providence including Paradise Island, Cable Beach and Ocean Club Estates. Please contact us for more information on this Bahamas Sotheby’s International Realty office or stop in and pay a visit. Our estate agents are always ready and willing to share their knowledge of The Bahamas and the real estate market, whether on New Providence, or details about any of our extraordinary Family Islands. We welcome the opportunity to continuing to share the beauty of our country with generations to come.
Last updated
Today
First listed
Aug 15
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Listing reference
M7DLZJ
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