Commercial – Old Bakery on Conch Point Rd. with income property

Sell Current

CI$1,680,000

W Bay North West Cayman Islands

CommercialRestaurant/Bar/Nightclub
MLS# 413860
3844 SqFt

Rare opportunity to own a commercially zoned property in West Bay. The potential is huge, as this property is versatile. Sitting on a large 25,228 square foot parcel of land. The Conch Point bakery was built in 2004 and can be redeveloped in many ways. This area is very up and coming with an immense amount of development that is well underway which lends itself to providing commercial services to this local community. There's also a residential apartment upstairs on the second floor which is currently being leased as this is an income producer property. The remaining space is also being currently leased, one for office storage, and the remaining space for warehouse storage. The existing structure could easily be divided or used as a restaurant, apartments, offices, and warehouse space (possible strata instead).The list goes on with the opportunities that this poses as the location is conveniently located on the north side of West Bay adjacent to the DART group purchased property, formerly known as Spanish Bay reef which at some point in the future will be developed most likely as either a hotel or a resort. Excellent long-term potential as there is little to no commercial space or property available in this area. The property is a concrete building, structurally sound and with lots of open space. Due to the location of the building, which is fronting closely on the main road gives it great access and exposure. At the rear of the building, there is space that could be utilized for additional storage, parking, adding to the structure, and increasing the footprint.Sales price does not include any artwork, ornaments or personal effects.  

Address

  • Block : 3D
  • Parcel : 168
  • Area : 168 W Bay North West
  • Country : Cayman Islands
  • Latitude - Longitude : 19.393297519024728 -81.39355592400541
  • Direction : Bypass to Mount Pleasant Road. Follow road til it turns into Capt. Reginald Parsons Drive. Then turn left onto Conch Point Road. House is #172 on the left. Turn left and house is on the left hand side

Property Detail: Updated on : May 18, 2022 6:01 am

  • MLS# : 413860
  • Property For : Sell
  • Property Status : Current
  • SquareFeet : 3844
  • Year Build : 2003
  • Acreage : .5735
  • Views : G
  • Property Type : CommercialRestaurant/Bar/Nightclub

Other Features

  • Stories : 2
  • Court Order : No
  • Forced Sale : No
  • Water Frontage : No
  • Floor Level : 1
  • Furnished : No
  • Garage : No
  • Fence : Yes
  • Den : No
  • Living Room : No
  • Kitchen : No
  • Family Room : No
  • Dining Area : No
  • Breakfast : No
  • Pool : No
  • Covenant : No
  • City Water : No
  • Patio : No
  • Zoning : Commercial
  • Construction : Block
  • Foundation : Slab
  • Frontage Road : CityMaintained
  • Road Frontage : 297
  • How Shown : By Appointment/List
  • Occupant : Tenant
  • Oven Or Range : No
  • Dishwasher : No
  • Microwave : No
  • Refrigerator : No
  • Tennis : No
  • Monthly Maint Cost Curr : CI$
  • Insurance In Maint : No
  • Sewage In Maint : No
  • Monthly Insurance Curr : CI$
  • Monthly Sewage Curr : CI$
  • Annual Income : 1
  • Annual Income Curr : CI$
  • Pets In Maint Cost : No
  • Pets Maint Cost Curr : CI$
  • Tv In Maint Cost : No
  • Tv Maint Cost Curr : CI$
  • Ac In Maint Cost : No
  • Ac Maint Cost Curr : CI$
  • Pool In Maint Cost : No
  • Pool Maint Cost Curr : CI$
  • Gardening In Maint Cost : No
  • Possession : At closing
  • Road Surface : Asphalt
  • Soil : Other
  • Title : Freehold
  • Topography : Level
  • Trees : Partial
  • Car Port : Yes
  • Utility : No
  • Septic : No
  • Sewer : No
  • Well : No
  • Cistern : No
  • Disposal : No
  • Dock : No
  • Security Alarm : Yes
  • Elevator : No
  • Annual Operating Costs Curr : CI$
  • Annual Operating Costs : 1
  • Media Room : No
  • Wine Room : No
  • Health Center : No
  • Gym : No
  • Hurricane Shutters : No
  • Storm Windows : No
  • Currency : CI$
  • Tours : Array

Listing Location

Michael Binckes
Sales Associate

+1 (345) 945 2011

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