Active
OLYMPIA HOTEL
New Providence/Paradise Island
$5,290,000
$271.28 per sqft
Active
19,500 sqft
Residential
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.
58379
MLSⓇ ID
June 30, 2024
Listed
October 14, 2024
Updated
Map
OLYMPIA HOTEL
New Providence/Paradise Island
Interior Features
Interior Features
Balconies, Shopping Area, Signs Allowed, Store Front
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Lot Features
Public Trans Nearby, Shopping Nearby, Corner Site
Other Property Details
Area Name
Downtown
Association Fee Frequency
Monthly
Garage
No
View
No
Pool
No
Listed by with
The IDX display contains information sourced from the Bahamas Real Estate Association as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Bahamas Real Estate Association all rights reserved.
Data last updated on 10/14/2024 at 8:06 PM UTC