FOR SALE: COMMERCIAL PROPERTY AT PEMBROKE, SAINT VINCENT AND THE GRENADINES. LIST PRICE:$2,000,000.00 XCD-OPEN TO OFFERS

  • $2,000,000/XCD
Featured For Sale Foreclosures
FOR SALE: COMMERCIAL PROPERTY AT PEMBROKE, SAINT VINCENT AND THE GRENADINES. LIST PRICE:$2,000,000.00 XCD-OPEN TO OFFERS
  • $2,000,000/XCD

Description

The commercial property situated in the strategic location of Pembroke in the Parish of Saint Andrew is a notable landmark for potential investors and businesses aiming for expansion or establishment in a burgeoning area. With a generous lot size of 17,124 Sq.Ft and a substantial gross floor area of 25,867 Sq Ft, the building presents a plethora of opportunities for diverse commercial activities.

Ground Floor Insights: The ground floor, spanning 11,799 Sq Ft, is a multi-purpose space that ingeniously combines residential and commercial functionalities. It houses a three-bedroom apartment, a sizable workshop, and several offices. This unique blend offers a seamless work-life balance for proprietors or employees who prefer close proximity to their workplace. The residential component could also serve as an executive accommodation or a rental property, adding a passive income stream to the investment portfolio.

First Floor – A Healthcare Opportunity: With a gross floor area of 5,382 Sq.Ft, the first floor is currently utilized as a doctor’s office. This setup is ideal for healthcare professionals or investors looking to tap into the medical sector. The proximity to the newly constructed Sandals Resort could potentially increase demand for healthcare services from tourists and employees, making this floor a strategic asset within the building.

Second Floor – Unfinished Potential: The second floor extends over 6,196 Sq.Ft and is earmarked for office space, although it remains incomplete. This presents an excellent blank canvas for the new owner to design and finish the space according to specific business needs or to create a modern co-working environment that caters to the growing demand for flexible office solutions. The unfinished status is an opportunity for customization that can add significant value to the property.

Location – A Strategic Advantage: The property’s location is one of its most compelling attributes. Being just a few minutes away from the newly constructed Sandals Resort magnifies its commercial potential. The resort is likely to attract a high volume of tourists and generate economic activity, benefiting nearby businesses. This proximity offers a unique advantage for hospitality-related ventures, retail, or services targeting the influx of visitors and resort staff.

Conclusion: Overall, this commercial property in Pembroke, Saint Andrew, stands out as a versatile investment opportunity with its expansive space, strategic location near a major tourist attraction, and a mix of completed and customizable areas. Whether for an investor looking to dive into the rental market, a business aiming to establish a presence near a thriving resort, or a healthcare professional seeking to capitalize on the proximity to a high-traffic tourist area, this property offers a foundation for numerous commercial possibilities. Its potential for generating diverse revenue streams, coupled with the growth prospects of the surrounding area, makes it a compelling choice for those looking to invest in commercial real estate.

Address

  • Address Pembroke, Saint Vincent and the Grenadines
  • City Kingstown
  • Zip/Postal Code VC0100
  • Area Pembroke

Details

Updated on March 5, 2024 at 12:09 pm
  • Property ID: LPL-66601
  • Price: $2,000,000/XCD
  • Property Size: 25867 sqft
  • Land Area: 17124 sqft
  • Property Type: Commercial
  • Property Status: For Sale, Foreclosures

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    Simon Kamara
    • Simon Kamara