West Bay Street, New Providence/Paradise Island, Bahamas

$8,700,000

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0.26

Acres

About West Bay Street

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.

Features of West Bay Street

MLS® # 53786
Price $8,700,000
Acres 0.26
Type Commercial
Sub-Type Building and Land
Status Active

Community Information

Address West Bay Street
Area Downtown
City New Providence/Paradise Island
State Bahamas

Amenities

Is Waterfront No
Has Pool Yes

Interior

Interior Features Air Conditioning Part, Balconies, No Pets Allowed, Pool Outdoor, Shopping Area, Store Front, Tenant Improvement

Listing Map

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