Lucrative Investment Opportunity in Roseau

Building on Independence St. in Roseau

Here is an exciting opportunity to acquire a prime commercial property located in Roseau on busy Independence St.

With a lot size of 1,910 sq ft, this attractive 3 story building occupies approximately 1,700 sq ft and provides over 5,000 sq ft of floor space in all. The brightly painted exterior has great curb appeal.

The ground floor contains a lobby or reception area, 2 offices, a computer lab, 2 toilets and a kitchen.
The first floor has been partitioned into 3 large rooms and toilets as required by current tenants. Interior wall partitions on both the ground and first floor are easily changed or removed to suit any requirements of the new owner.
Recently remodeled, the top floor houses 4 fully furnished apartments. Well designed and nicely decorated, each apartment consists of a bedroom, bathroom and kitchenette.

The upper floors of the building are accessed by two stairways. One is inside the building and the second is located outside at the rear of the property.

Currently the property is fully occupied. The ground and first floor are rented by government and all 4 apartments are presently leased as well.

Apartments for rent in Roseau are in high demand and there have been architectural plans drawn up to convert the ground and middle floors into further apartments if desired. The design is for 3 apartments on the middle floor and 3 apartments plus an office room on the ground floor. Given the excellent location of this property within a mixed residential/commercial area, with good proximity to several schools, downtown businesses, the Magistrate’s court and DPP office, this building is definitely considered a valuable and lucrative investment.

Reasonably priced at US$1.3M / EC3.5M

Price:US$1,300,000 / EC$3,500,000
Address:Independence Street
City:Roseau
State:St. George
Floors:3
Lot Square Feet:1,910

Comments or questions are welcome.

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