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
Property type Commercial,Vacant Land,Longterm Rental,Commercial Vacant Land,Other Bahamas Islands,Commercial Rental
Price $2,500,000
Status Sold
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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