Basics
Title of Property Olympia Hotel | Location Downtown | Island New Providence/Paradise Island | Lot Width 65 |
Lot Depth 125 | Category Hotel/Resort | Land and Services Public Trans. Nearby,Shopping Nearby,Corner Site | Type Building and Land |
Status For Sale Only | Area 19500 sq ft | Lot size 8125 sq ft | MLS ID 58379 |
Description
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Description:
Welcome to the Olympia Hotel, a beacon of an opportunity situated in the heart of Nassau's vibrant tourism district. This historic property, spanning 19,500 square feet, offers a blank canvas for visionary investors. With its prime location directly opposite the Margaritaville Hotel with less than two minute walking distance to Junkanoo Beach. This 40-room rare real estate find is more than just a hotel; it's a renovator's dream waiting to be transformed into a landmark of elegance and modernity. Imagine the possibilities: from boutique accommodations, to chic retail spaces or restaurants on the ground floor. This property promises a seamless blend of hospitality and commerce. Plans have been meticulously prepared, showcasing the addition of one floor to maximize its potential, further enhancing its stature among Nassau's downtown skyline. The Olympia Hotel beckons with its historic charm and a promising future. Envisioned as a centerpiece of Nassau's downtown real estate, this property invites ambitious investors to breathe new life into its halls.
Miscellaneous
- Legal Description: Olympia Hotel on Marlborough Street & West Bay Street