in Downtown, New Providence/Paradise Island

  • $8,700,000
New Providence/Paradise Island, Bahamas
For Sale

in Downtown, New Providence/Paradise Island

New Providence/Paradise Island, Bahamas
  • $8,700,000

Description

The Lighthouse Hotel is a 65 room hotel located in Downtown Nassau, a mere stones throw from the newly developed Pointe Hotel. The hotel is located in the midst of the newly revitalized West Bay Street which is set to become the epicenter for retail sales in the Downtown area. The hotel sits upon an 11,276 Sqft lot that houses a 5-story building that is connected to the cities electrical grid and sewer systems. Presently the exterior perimeter of the ground floor has been renovated and houses a number of retail shops and a restaurant that appeals to the needs of the tourist who flood Junkanoo Beach for sun, sand and tranquil waters. Portions of the first floor has 8 1bedroom apartment units with the remaining floor housing smaller hotel rooms that have been renovated as income producing short term rentals. The second floor has also been renovated and has additional 1 room units also used for short term rentals. The 3rd and 4th floors have great potential to add to the room count of the property. The 5 floor is a rooftop pool that has beautiful panoramic views of Downtown Nassau.

  • Community Downtown
  • Island New Providence/Paradise Island

Details

Updated on May 7, 2024 at 8:23 am
  • Property ID: 53786
  • Price: $8,700,000
  • Property Type: Commercial
  • Property Status: For Sale

Contact Information

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Courtesy of the Bahamas MLS

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Courtesy of the Bahamas MLS
  • Courtesy of the Bahamas MLS