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$11,000,000
Street Name: WEST BAY STREET
Area: Downtown
Island: New Providence/Paradise Island
Listed Price: $11,000,000
Currency: BSD
Property Type: Building and Land
Business Name: The Lighthouse Hotel
Major Type: Hotel/Resort
Lot SqFt: 11276
Amenities: Air Conditioning Part, Balconi
Legal Description: The Lighthouse Hotel Southeast corner of Bay & Augusta Str.
Sale or Rent: For Sale Only
Description: The Lighthouse Hotel is a 65 room hotel located in Downtown Nassau, a mere stones throw from the newly developed Pointe Hotel. The hotel is located in the midst of the newly revitalized West Bay Street which is set to become 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 8 1bedroom 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 to add to the room count of the property. The 5 floor is a rooftop pool that has beautiful panoramic views of Downtown Nassau.
MLS Number: 39998
Date Listed: 2020-01-28
Status: Active
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