Listing Courtesy of

PALM GROVE COMMERCIAL BUILDING #14D

George Town South, Oth

$2,499,000

$2,499,000
Active
Active
 - For Sale
property_type
Residential
calendar
Built 2011
A fully renovated commercial building with top quality finishes, insulation, and solar panels. The Palm Grove commercial building is conveniently located in the capital of George Town on one of the busiest intersections in the Cayman Islands, offering great exposure and customer traffic. It is close to the airport, hospitals, schools, restaurants and shops. Located right in the middle of it all, as a business, this is the location to be. The two-storey 4,800 square foot building was completely renovated just last year. Extra insulation was added to the walls and roofing for complete soundproofing — no car honking or airport traffic will interrupt business at Palm Grove. In addition, a new stone façade was added to the block construction. The building has hurricane rated windows and doors, a serviced elevator, security cameras, parking, and wheelchair access. The real difference, Palm Grove is powered by solar panels. This means energy efficiency and significantly reduced electricity costs for each proprietor. Palm Grove is comprised of a total of six units. Two even floors of 2,800 square feet with three units on each. Move-in ready, each space is outfitted with ceramic tiles, a drop ceiling, and a private 800 square foot bathroom. They are each separately wired for cable, computers, and phones. It is no wonder that the building is currently tenanted at capacity, with four units only coming vacant in July 2022. Located at the Smith road and Huldah avenue 4-way traffic intersection, this building offers the highest commercial visibility possible on the island. Outdoor signs are permitted on the front and both sides of the building. And coloured changing lights have already been added to increase exposure and attention for night traffic. SPECS: Ground Floor- Unit 1: 772 sqft. Unit 2: 782 sqft. Unit 3: 772 sqft Second Floor- Unit 4: 772 sqft. Unit 5 and 6: 1554 sqft
MLS® ID:
414546
Listed:
5/18/22
Updated:
6/30/22

Exterior/Building Features

Lot Size
30.0 acres lot
Architectural Style
Other

Other Property Details

Garage
No
Parking
N
View
Y
Pool
No
Zoning
Commercial

Listing Courtesy of

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