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PRICE REDUCED FOR QUICK SALE - 2 Factories Available
Located in TAX FREE Freeport, Grand Bahama a short 28 minutes flight from South Florida (Miami/Fort Lauderdale)
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Two (2) Buildings over 40,000 sq feet located in the Civic Industrial Area of Freeport, Grand Bahama; these two warehouse/factories were built with severe hurricane tolerance in mind. The owner of these two buildings along Queens Highway, is in the hurricane window and door business and knew that it was only a matter of time before a storm like Dorian would strike the region. Historic flood levels were taken into consideration during construction. Priority for location of the former manufacturing facility was to be in close proximity to the airport and shipping port for easy access and strategic presence along the one of the islands most traveled corridors.
Even in their vacant state, these buildings have stood strong against Hurricanes Sandy, Irma, Matthew and most recently Hurricane Dorian.
Both buildings cost $5.5 million dollars to completion and took nearly 3 years. They are situated on two separate lots, with a building on each lot. This was designed for future legal subdivision. Keeping one building and selling the other, if needed, is an advantageous option.
The interior parking lot between the buildings provides ample space for expansion or storage between the two buildings while not giving up parking space as there is additional parking space in front of the compound facing Queens Hwy.
The asking price $4,150,000 for both buildings with combined 46,000 sq. feet of space and the ability to add a second floor in each building for a future 88,000 +/- square feet of usable space.
Building A (building on the eastern side) = 310' x 80' = 24,800 sq. ft.
Building B = 240' x 80' = 19,200 sq. ft -upstairs executive office space 20' x 80' = 1600 sq. ft
Total square footage of both buildings = 45,600+ sq. ft.
These proven solid structures will be great peace of mind during future hurricane seasons.
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Highlights
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James Sarles
jamessarlesrealty@gmail.com
(242) 351-9081
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Price: $4,150,000 ID# 7338 View online
www.sarlesrealty.com
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