Olympia Hotel, New Providence/Paradise Island, Bahamas

$5,290,000

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19,500

Square feet

0.19

Acres

About Olympia Hotel

Welcome to the Olympia Hotel, a beacon of an opportunity situated in the heart of Nassau's vibrant tourism district. This historic property, spanning 19,500 square feet, offers a blank canvas for visionary investors. With its prime location directly opposite the Margaritaville Hotel with less than two minute walking distance to Junkanoo Beach. This 40-room rare real estate find is more than just a hotel; it's a renovator's dream waiting to be transformed into a landmark of elegance and modernity. Imagine the possibilities: from boutique accommodations, to chic retail spaces or restaurants on the ground floor. This property promises a seamless blend of hospitality and commerce. Plans have been meticulously prepared, showcasing the addition of one floor to maximize its potential, further enhancing its stature among Nassau's downtown skyline. The Olympia Hotel beckons with its historic charm and a promising future. Envisioned as a centerpiece of Nassau's downtown real estate, this property invites ambitious investors to breathe new life into its halls.

Features of Olympia Hotel

MLS® # 58379
Price $5,290,000
Square Footage 19,500
Acres 0.19
Type Commercial
Sub-Type Building and Land
Status Active

Community Information

Address Olympia Hotel
Area Downtown
City New Providence/Paradise Island
State Bahamas

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Balconies, Shopping Area, Signs Allowed, Store Front

Exterior

Lot Description Public Trans. Nearby, Shopping Nearby, Corner Site

Listing Map

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