Commercial Income producing property with room to grow!

7 single story Commercial Building and Warehouse Complex. The buildings comprise of rental office spaces, storage & warehouse spaces and an administrative office building.

1 BD

4 BA

Commercial,Vacant Land,Longterm Rental,Commercial Vacant Land,Other Bahamas Islands,Commercial Rental

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Listing details

Ref# 2572
Price $2,500,000
Property type Commercial,Vacant Land,Longterm Rental,Commercial Vacant Land,Other Bahamas Islands,Commercial Rental
Status Active
Beds 1
Baths 4
Lot Size 5 acres
Island Grand Bahama
Subdivision Freeport
Lot 3 & 4
Unit .1
Block 2
Rental Term n/a
Maint. Fee Only $2 dollars 69 cents a year annual charge for the lease

Contact

Ina Simmons
Phone: (242)351-9081 Mobile: (242)727-0707 View bio

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Highlights

6000sqft

3000sqft additional

5' above ground

2 or 3 bays

12'garage door a 36" steel man door entries

Description

Recently apprisaed for nearly 2.9M.
7 single story Commercial Building and Warehouse Complex.  The buildings comprise of rental office spaces, storage & warehouse spaces and an administrative office building. Site Area- 217,800 sq. ft. or 5.0 acres- approximately 1.33 acres for lot #3, and 3.67 acres of lot #4.  Gross Floor Area of Buildings-31,300 sq. ft. As per latest appraisal of nearly 2.9 M in 2019 the land value alone without improvements is $700,000, and with improvements (not including buildings)- $780,000.Building #1- 4,400 sq. ft.#2- 2,100 - warehouse #5#3- 5,000; Warehouse #!#4- 390; Guard house#5- 12,000 sq ft 0warehouse #^6#6- 1,000  sq ft -warehouse #2#7- warehouse #3- two story building 5,400 sq. ft. with storage facility and open parking area at the front measuring about 2,700 sq. feet, and 4 rental spaces covering an area of 2,700 sq. ft.All buildings are in good condition and well maintained.  Great current rental income with even greater potential for numerous types of businesses! Contact Ina Simmons 242 727 0707 for further details.

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