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Bush Road Commercial Building

3,790,000
Property Ref no : 295    Sqft : 1,987   
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Property Details:

About this Property:

Kwik Bargains in St. Maarten / St. Martin has been successfully operating on the island for over 40 years. Owners are retiring. The property is located on the NNE side of Bush Road, which is heavily trafficked and is lined mainly with commercial and retail properties. This building and location is perfect for almost any business, commercial or government venture. The flexibility of the building shape and land space, make easy to adapt or modify. This is a main artery and thoroughfare through St. Maarten and excellent commercial land. There are no other similar properties with these specific features for sale in the immediate area.

The road front building is 2 stories, while the attached larger building to the rear is 3 stories. There is potential to further develop property to maximize value of land for warehousing, shopping mall, or even apartments.

The building is probably constructed of reinforced concrete and blockwork with roofs framed in timber and clad in profiled metal sheeting.

Full appraisal done in 2013 valuing building at $3,925,000.US.

A total area of land: 2807m2 (30,214 sq/ft) (.69 acre)
Building: 1st floor 585m2 (6297 sq/ft)
2nd floor 585m2 (6297 sq/ft)
3rd floor 438m2 (4714 sq/ft)
Total building: 1608m2 (17,308sq/ft) (1663m2 including exterior building)

The land has a long-term government lease less than 1000guilders per year.

Features:
• Fenced with gate
• Front parking as well
• Generator
• Large paved visitor parking
• Container storage space
• Freight elevator
• Well lit interior
• 2 bathrooms
• Air conditioning
• Storm shutters
• Well maintained
• Inventory available to purchase (negotiable)
• Business available to purchase (negotiable)

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