• Listing ID: 5211
  • Red Carpet Inn

  • Nassau/New Providence,
  • $5,650,000 B
  • 48 Beds, 46 Bath, 43500 sq ft +
  • Commercial

Built in 1991, this very large property is in excellent condition. Although it was built as a hotel, it can be renovated into offices or suites. The property is being offered in 3 parcels. There are also a total of 45 units consisting of the following: - 10 State Rooms (1st floor) which include a bedroom, private bathroom and sitting room; -10 Great Rooms (2nd floor) which include a bedroom, bathroom and sitting room; - 21 Superior Rooms (1st and 2nd floor) which include a bedroom and bathroom; - 1 Apartment Suite (G) with three bedrooms, 2 bathrooms, a kitchen and a living room; - 1 Apartment Suite (E) with 2 bedrooms, 1 bathroom, a kitchen and a living room; - 2 Apartment Suites (A & C) (currently used as an office) with 3 large rooms, reception area, bathroom and kitchen that will be converted into two one bedroom, one bathroom suites with kitchens; - 1 Manager's Suite (F) with 2 bedrooms, 2 bathrooms, Open Floor Plan kitchen, living room, dining room and family room. All rooms include a refrigerator, microwave and 20" cable television. Split A/C Units are in all of the offices and suites. Units F and G have 4 and 6 ton central A/C units. Some features include: - Large enclosed front patio area with storage room; - Spacious reception area and check-in office; - Three large offices behind reception with bathrooms and kitchen; - 40,000 gallon water tank; - 250 kw Cumming stand-by generator that supplies the entire complex; - Guest Laundry with two coin-operated washers and two coing-operated dryers. Amenities offered to guests include: - Large heated swimming pool (18' x 40') with covered patio; - Poolside bar; - Three gazebos; - Private landscaped gardens; - Newly constructed restaurant and bar (20' x 40'). The hotel complex also offers 3 storage sheds, paint room and gardener's bathroom, a 30' x 50' wooden building with a storage area attached - presently used as a showroom and an enclosed waste storage area. The computer, telephone and security features include Insight software programming system, Mytel telephone system (recent installation) with 6 direct lines and Omity key card locking system.

The property is being offered in three parcels: Parcel #1: North parcel comprising 44,000 sq. ft. with the hotel, known as the Red Carpet Inn - a two-storey building of approximately 20,000 sq. ft. on two floors and over 6,000 sq. ft. of covered walkways, an air-conditioned gazebo, a storage facility and parking area. -$5,650,000 Parcel #2: Middle parcel adjoined to Parcel # 1's Southern boundary comprising 10,236 sq. ft. that includes a large one-storey wooden building, 2 gazebos, 2 storage sheds, a large swimming pool and deck, patios, gardens and parking area. - $625,000 Parcel #3: South parcel adjoined to Parcel # 2's Southern boundary, L-shaped parcel comprising 37,887 sq. ft. with asphalt covered parking area (presently leased). - $760,000.

The Red Carpet Inn is located just off East Bay Street, close to the city, within five minutes drive to the beaches and amenities of Paradise Island and a few minutes walk from Montagu Bay.

Agent: Peter Dupuch
Cell Phone: 242 424-8882
Office Phone: 242 393-1811

Essential Information

  • MLS® #5002917
  • Price$5,650,000
  • Bedrooms48
  • Bathrooms46
  • Square Footage43500 sq ft +
  • TypeCommercial
  • Sub-TypeResort or Hotel
  • StatusAvailable

Community Information

  • AddressEast Bay Street
  • AreaEast Bay Street
  • SubdivisionEast Bay Street
  • CityNassau/New Providence

Exterior

  • Lot Size2.15 (approx.)

Courtesy of: The Bahamas MLS

Property Location

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