$8,700,000
( )
 $46,703 est/mo Sourced by Back At You

West Bay Street , Downtown, NEW PROVIDENCE

Downtown, NEW PROVIDENCE

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Description

The Lighthouse Hotel is a 65 room hotel, located in Downtown Nassau, a mere stones throw from the Pointe Hotel, and the newly revitalized West Bay Street which has elongated the epicenter for retail sales in the Downtown area. The hotel sits upon an 11,276 Sqft lot that houses a 5-story building that is connected to the cities electrical grid and sewer systems. Presently the exterior perimeter of the ground floor has been renovated and houses a number of retail shops and a restaurant that appeals to the needs of the tourist who flood Junkanoo Beach for sun, sand and tranquil waters. Portions of the first floor has been renovated to 8 1bedroom townhouse style apartment units with the remaining floor housing smaller hotel rooms that have been renovated as income producing short term rentals. The second floor has also been renovated and has additional 1 room units also used for short term rentals. The 3rd and 4th floors have great potential and presently under renovation. The 5 floor is a rooftop pool that has beautiful panoramic views of Downtown Nassau.

Details

MLS#58779
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site258
Listing Provided ByTR ASSOCIATES LIMITED | BASIL ARANHA

Features

PoolYes
Courtesy of the Bahamas MLS.

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Learn More About This Property

StateNew Providence
CityDowntown
AreaNew Providence | Paradise Island
Listing VS Median (In )
Price:
$8,700,000
low | high
Med:
$260,000
100% of Average
On site:
258
low | high
Med:
747
34.538152610442% of Average
Sourced by Back At You
Listing Updated: April 4, 2025 at 3:24:51 PM PDT