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3 Acres Mixed-Use Waterfront Property for Sale, West Bay Street, New Providence, Bahamas

3 Acres Mixed-Use Waterfront Property for Sale, West Bay Street, New Providence, Bahamas

  • $4,950,000
Property ID: 109834

3 acre mixed-use waterfront commercial property for sale in The Bahamas located on West Bay Street, New Providence.

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3 acre mixed-use waterfront commercial property for sale in The Bahamas located on West Bay Street, New Providence.

Waterfront Commercial Property for Sale on West Bay Street

This is a unique opportunity to own and re-develop a mixed-use waterfront commercial property located in a busy area on West Bay Street, New Providence in The Bahamas, just minutes from the historic Downtown Nassau district and just across the water from Arawak Cay.

Spanning 3 acres, the property features almost 600 feet (183 meters) of water frontage and just under 500 feet (152 meters) of frontage on West Bay Street.

Perfect for commercial development, the property is a stone’s throw from Arawak Cay, which is home to the Nassau Container Port that provides facilities for both domestic and international bulk, break bulk, container and project cargo clients.

The property sits on a highly active waterfront in a natural protected cove lends itself to options for expanded marina development.

The original plans allowed for 8 buildings, only 1 of which was built.

1 Existing Building

This building consists of 2 penthouse suites containing 3 bedrooms; 4 two-bedroom apartments with one bath; and 4 smaller apartments all with 1 bathroom.

The total floor area of the building is 15,400 square feet (1,431 square meters).

In addition, there is a large swimming pool and 2 tennis courts that require repair plus a hockey area also on site.

Minutes from Downtown Nassau

The property is just over a mile (2 km) from downtown Nassau, and 3.5 miles (5.7 km) from Paradise Island.

Also, 8 miles (13 km) or a 15-minute drive to the international airport and private airfield.

An Investment Opportunity Not to be Missed

Few large parcels of land in this prominent area of New Providence are available, making this a rare opportunity for a waterfront development in Nassau, and one not to miss.

Paradise Island, The Bahamas

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