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Prime Frontstreet Property
$ 3500000
Property Information
Type: Commercial
Location: St Maarten
Bedrooms: 0
Bathrooms: 0
Association Fees: $ 0
Property Taxes: $ 0
Property Size: 4000 sq ft
Lot Size: 8900 sq ft
Web ID: 2216

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Property Description:
Located in the heart of St Maarten's prime shopping district, this property consists of 4,000 sq. ft. of ground floor commercial/retail space plus 5 residential apartments on the upper level.

The property is ideally situated near the high traffic area of the St Rose Arcade which feeds into and out of the popular beach front boardwalk.

The property offers excellent development potential with an additional 4,000 sq. ft. of courtyard available for expansion.

Current rents provide $219,000 in annual cash flow, with tenants responsible for their own expenses.
Features:
Prime location
Over 4,000 sq. ft. of additional development potential
Priced below comparable Frontstreet properties
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