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MLS#: 416020

#5 Palm Grove

George Town, Grand Cayman
CI$425,000
Type: Commercial
  • 782
    SQ FT
  • 2011
    YEAR BUILT
  • 0.35
    ACRES
9 people viewed this property since last week.

Property Information

GREAT COMMERCIAL INVESTMENT OPPORTUNITY - CENTRAL GT LOCATION This is a tremendous opportunity to own a commercial space in an absolutely prime location in central George Town. Palm Grove is situated on a major 4-way intersection and therefore benefits from very high commercial visibility . The building is low density (6 units in total) and is built like a fortress with excellent building integrity and has hurricane rated windows and doors. This unit offers just under 800 sq. ft of prime commercial space and is conveniently situated on the first floor and the unit has its own private bathroom.
The building was renovated in 2019, is energy efficient and benefits from solar panels which are part of the CUC CORE agreement. During the building renovation, the entrance corridor was enclosed, air conditioned and sound proofing was added, so although the building is on a busy intersection, so you are protected from road and aircraft noise.
Just 2 minutes from the hospitals, Cricket Square and George Towns commercial hub, this super commercial building is wheelchair accessible, has an elevator and ample parking. It is a well-run building with reasonable strata fees. If you are looking for a great commercial office space, or an investment property close to all conveniences of central George Town, then look no further. Whether your purchase to occupy with your own business, or whether you are purchasing to rent out, either way, you could also anticipate excellent capital appreciation on the asset in the future, due to the central location.

Property Details

  • Status: Current
  • Listing Type: Offices / Mixed Use
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*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.
The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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