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Listed by Arnelle Adams Christie's International Real Estate
$ 1,250,000
Est. payment /mo
New
AIRPORT ROAD Providenciales, BC
7,294 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,294 sqft
Price per Sqft $171
MLS Listing ID 2600797
Style 2 Storey
Year Built 2000
Lot Size 0.400 Acres
Property Description
Airport Road | Commercial Investment Opportunity Now offered at $1,250,000! An excellent opportunity to acquire a commercially zoned, income-producing property along one of Providenciales' primary transportation corridors. Situated on approximately 0.40 acres with 113 feet of Airport Road frontage, this 7,294-square-foot property features eight residential apartments, comprising three two-bedroom units and five one-bedroom units, all currently tenanted. Located less than two minutes from Howard Hamilton International Airport, Airport Road serves as a primary gateway for visitors and residents traveling to and from the island. Its prominent positioning along this well-traveled corridor offers valuable road exposure, convenient accessibility, and proximity to surrounding businesses and essential services. The property's commercial zoning adds another dimension to its investment appeal, offering the flexibility to maintain its existing residential rental operations while exploring opportunities for future commercial use, repositioning, or redevelopment, subject to the necessary planning approvals. Combining an established tenancy, substantial road frontage, and a strategic location near the island's international airport, this property presents a unique opportunity for investors seeking both immediate utility and long-term potential in Providenciales. With an established residential tenancy, the property provides an existing income stream while presenting opportunities for future commercial use, repositioning, or redevelopment, subject to the necessary planning approvals. Whether you're looking to expand your investment portfolio, secure a centrally located commercial asset, or explore future development possibilities, this property offers a compelling combination of location, versatility, and opportunity in the heart of Providenciales.
Location
State BC
Community 60602 - Norway And Five Cays: Kew Town
Area 60602 - Norway And Five Cays: Kew Town
Exterior
View Airport Road
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