Point Blanche Warehouse

$1,120,000

Property ID: 293
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    This St. Maarten / St. Martin warehouse building, in the heart of shipping and receiving trading area, has been used for furniture and appliances storage for a large retail store chain selling consumer goods. It is clean and well managed.
    This building actually has the potential of being easily converted into a large retail outlet with renovations and the addition of a front door on the angled large corner wall.
    Point Blanche is the primary location for freight reception onto the island with immediate proximity to the shipping yards and docks for cargo ship arrivals. A short shuttle from the docks to this well situated warehouse, makes it�s location extremely valuable for receiving and shipping in and out of St. Maarten / St. Martin. Easy access for trailers with the wide approach.
    This building is probably constructed of reinforced concrete and blockwork with roofs framed in timber and clad in profiled metal sheeting. It has been recently painted.
    The value of this property is undeniable at asking price. Finding vacant land in this popular warehouse area is rare and to build on it would put you over the asking price of this building. This is ready for the next venture, shipping, receiving, storage, even manufacturing or fabrication. It is fully secured and well built.
    Land size is 839m2
    A long-term government lease of less than $1000 guilders per year is in place.
    Full professional appraisal done in 2013, which valued the property at $1,700,000.USD (appraisal available for serious inquiries).
    Features:
    �Loading docks for semi trailers
    �Freight elevator
    �Glass blocks windows on upper level
    �Roll-up shutters at entrances
    �Bathroom
    �Office space
    �Paved parking and roads
    �Public water, telephone, Cable TV & electricity
    �Mezzanine level
    �Central location

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    • 0% Property Tax.
    • 0% Capital Gains Tax.
    • 4% Property Transfer Tax and 1.5% Notary fees.
    • 2 months Security Deposit for rentals.
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    Transfer Tax

    4%

    Property Tax

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    Capital Gains Tax

    0%

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    Ritika Asrani

    Owner / Head Broker

    +17215261819 ritika@c21sxm.com

    Ritika Asrani will call you as soon as possible

    No obligation phone call. Think of me as a friend in paradise!





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