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Commercial Corner

EC$2,900,000
beds | baths | half-baths | 0 sq ft
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Property Details:

About this Property:

Presenting a wonderful opportunity to acquire an investment complete with an anchor long term tenant in an highly demanded, accessible location such as Massade Industrial Estate. This is an up and coming area with warehousing, retail, manufacturing and many other commerical and social business related activities being based. Onsite is a commercial steel structure and a combined floor area of 5,500 square feet divided into a manufacturing and retail manufacturing, and wholesale outlet. The building comprises mainly two sections a larger portion which was designated for manufacturing and a smaller section leased to construction. There is a vacant land area used for parking and an area which is unoccupied/vacant overgrown with grass. The lot is rectangular in shape and enclosed by chain link fencing with two wrought iron gates along the eastern and western sides of property.

The building is 30 years old with reenforced pad and strip foundation and steel framework and beams. Flooring is part concrete and ceramic tile, walls metal and concrete and internally timber boards, drywall and blocks. Windows are a combination of decorative blocks, Louvre shades and casement and display windows with aluminium doors externally and timber panel and solid doors internally.
The roof comprises of a combination of typical shed roof with standing seems sheets with a suspended ceiling framework with insulation.
Included is a standby generator however the area is serviced by all the basic utilities to include electricity, water, sewer, telephone, cable, internet and garbage disposal systems.
In addition, postal, medical, banking, recreational, shopping, security and emergency with all services expected to be found within a 2-mile radius of the property.

Massade estate is located within the northern town of Gros Islet district situated at the
North Coast of the Island. The town consists of residential, commercial, and industrial
areas Boarded between Cap Estate and Rodney Bay. The demand for property in this industrial zone can be attributed to the accessibility to the transport routes, easy commuting and shopping or commercial facilities. Properties in the immediate vicinity include a diverse range of types, styles and ages and this heterogeneous mix adds to the appeal of the location.