Commercial Investments in Barbados
Barbados has a lot of exciting investment opportunities on its horizon as we look to come out of the pandemic stronger than before. The City of Bridgetown is undergoing a huge transformation as the island looks to welcome luxury hotels and condos to the area. The St. Lawrence Gap tourism belt has many exciting land and commercial sales listings while the center of the island offers potential for warehouses and centrally located office space.
Investing in commercial property is a sound investment offering steady cash flow due to fixed long term rentals. Or you can purchase the property for your own commercial project from restaurants, warehouses, office space or new build condos, the possibilities are endless in Barbados. Here are five commercial property picks by from our team at Realtors Limited. Click the name of each for more photos and details.
Waverley House – St. Lawrence Gap - Beachfront
This one-of-a-kind property is located in the lively St. Lawrence Gap on the South Coast of Barbados and offers excellent ocean views and an inviting atmosphere. The main floor has a wonderful sitting area just off the bar perfect for cocktail hour and as you continue through the inside dining room and out to the terrace your eyes are drawn through to the ocean and the beautiful architecture that makes Waverley House so special.
The property currently has a full commercial kitchen installed with hood system, multiple storage rooms and a surrounding garden which can also be developed as additional seating or a lounge area for those looking to have drinks.
Waverley House is currently tenanted by 'Apsara' which is one of Barbados top Indian restaurants, who remain open and presents a perfect investment property for a purchaser looking to become a landlord to an already established restaurant in the heart of Barbados' tourism belt.
- $1,600,000 USD
- Covered Area – 5,179 sq ft
- Land Area – 9,255 sq ft
Waterfront Mall – Bridgetown
The Bridgetown area is undergoing a massive transformation with the HYATT Hotel coming to Bay Street, as well as Hilton Garden Inn and Condominiums along the Carenage. This paves the way for future redevelopment of the Waterfront Mall site to a residential site or combination commercial and residential venture.
This prime piece of real estate sits opposite Independence Square and just steps away from two parking lots making it an ideal commercial investment. The property is currently tenanted by the Barbados Lotteries which allows the purchaser to start seeing a return on investment from the time they take possession.
- $1,365,000 USD
- Covered Area – 7,164 sq ft
- Land Area – 3,906 sq ft
Arnold Christie Complex, Lower Estate
This commercial park area is ideally situated in the middle of the island, just off the highway. The complex is set over three buildings some of which are tenanted. The property benefits from being surrounded by many other major companies such as Quality Tyre and Sun Tours Group which also call the same industrial park home. The exterior of the buildings do need some minor updating but the interior finishes within are high quality and well maintained allowing for a partially tenanted turnkey investment property. Great for offices.
- $3,295,000 USD
- Covered Area – 10,000 sq ft
- Land Area – 48,875 sq ft
Grazettes Industrial Park, St. Michael
Grazettes Industrial Park is ideally located just minutes outside of the busy Warrens business hub and the capital city of Bridgetown making it the perfect location for a corporate warehouse or distribution center.
The building sits on approximately 27,000+ square feet of land with an existing warehouse and office space that would benefit from upgrades or a complete rebuild. It’s central location, just off the highway offers excellent island wide logistical access for distributors.
- $1,000,000 USD
- Land Area – 27,676 sq ft
Miller Bros. Ice Factory, Bridgetown
Formally MILLER BROS. ICE FACTORY this two storied commercial property is located on Tudor Street in the City of Bridgetown. It has ample parking at the front and additional parking at the rear by the entrance from Sobers Lane.
There is a large insulated space, on the ground floor, that can be used as a freezer/chill room, all that is required is the compressor equipment and a door. The property can easily accommodate up to 40 foot containers making it suitable for a wide range of commercial activity based on its prime location and the composition of the buildings on site.
- $900,000 USD
- Covered Area – 8,150 sq ft
- Land Area – 15,700 sq ft
Interested in one of the commercial properties listed above? Or want to see more commercial properties on the market now? Contact our team at info@realtorslimited.com and we would be happy to arrange site visits and speak more about the perks of investing in Barbados.
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