Sir Charles Hotel & Restaurant — 21-Room Hotel & Commercial Investment
Description
A 21-room hotel and restaurant property in a high-traffic Nassau commercial corridor, offered together with five income-producing retail spaces, an on-site restaurant and bar, and an owner/duty-manager apartment. The property needs revitalization and is positioned as a value-add hospitality and mixed-use investment.
Property highlights: 21 hotel guest rooms (historical rate B$90/night); five retail spaces at approx. B$2,500/month each; restaurant and commercial kitchen (seats 30) and bar (5 seats); one owner/duty-manager apartment; high-traffic location with ample parking.
Independently appraised by a Bahamas Real Estate Association-credentialed appraiser as of 30 January 2024 at B$2,266,462.50 — this offering is priced below appraised value. Appraisal available on request.
Address
-
Address East Street South & Malcolm Road
-
Country Bahamas the
-
Province/State New Providence
-
Neighborhood East Street South
Overview
- Property ID 28
- Price $1,900,000
- Property Type Commercial, Hospitality, Restuarant with bar
- Property status For Sale
- Rooms 21
- Size 13,174 SqFt
- Land area 17,060 SqFt
- Label Income - Producing, Value-Add Opportunity
Features
Contact
Kay Davis
Property Agent
