Commercial Building For Sale
$2,300,000
Bridgetown
Bridgetown, Saint Michael, Barbados
27,000 sqft
Year Built: 0
Listed By: Nvest Estates
Listed On: 10/26/2023
Listing ID: GL11109551 View More Details
Description
An excellent development and refurbishment opportunity is available to acquire a prime commercial building in the heart of Bridgetown.It overlooks the wharf and carenage with amazing views from the upper levels.
It is ideal for commercial use in a central high traffic area as well as easy access to public transportation and parking nearby.
It has three floors which are divided into two sections on each level with Elevator positioned in the middle.
The building is large with 27,000 Sq Ft of office space. It sits on 12,165 Sq Ft of land.
The building was once home to commercial Banks, Insurance agencies and several other offices and retail businesses.
Why Invest in Barbados
Barbados enjoys a positive image in the marketplace as a reputable International Business Centre of choice and has been successfully attracting Foreign Direct Investment for decades, particularly from Canada and the USA. Barbados is the 5th largest destination for Canadian direct investment abroad, garnering Cdn $49.8 billion at the end of 2019. (Stats here)
Professor Walid Hejazi has indicated that ':the OECD is satisfied that Canadian direct investment abroad that goes to or through Barbados:complies with OECD standards for transparency and exchange of information - standards which Barbados expects of all corporations active in its jurisdiction. Countries like Barbados allow Canadian firms in those industries which drive the global economy to maintain their competitiveness.' (Hejazi, W. 2007)
Companies looking to thrive in a highly competitive global marketplace invest in Barbados, to capitalize on the business-friendly environment, strong human capital, high-quality infrastructure, investment protection, and good quality of life.
Read more about Bridgetowns redevelopment project here!
We are open for negotiations.
For viewings, more information or to secure this space, please contact us:
Price: USD$2,300,000
Property Size: 27000 Sq ft
Land Area: 12165 Sq Ft
Property Status: FOR SALE, REDUCED
Price: USD$2,300,000
Property Size: 27000 Sq ft
Land Area: 12165 Sq Ft
Property Status: FOR SALE, REDUCED
