Commercial Building on Front Street

Description

“Commercial Building on Front Street”

For decades Front Street has been recognized as one of the busiest shopping streets in the entire Caribbean.  This is the main street in the downtown capital city of Philipsburg, home to one of the most vibrant cruise ports in the world.  Traditionally this has been a town where business owners have thrived off of the arrival of thousands of cruise passengers on a daily basis.  In the wake of the new post pandemic economy, Philipsburg is currently in the process of reinventing itself.  What was once a street filled with mom and pop jewelry stores is now becoming a much more diversified shopping and entertainment town that will not only continue to cater to cruise passengers but also to locals and hotel guests.  As this process of reinvention starts to unfold in the downtown Philipsburg area, a few rare opportunities such as this are emerging.  A free standing commercial building located directly on Front Street.  Currently the building consists of just a ground floor level with a total area of 370 square meters (divided into 3 individual spaces, click here for information about buying just 1 space in the building). 

There is a possibility to add additional levels to the building.  

This property also comes with the option to long term lease several private parking spaces directly behind this building.  Parking is often a premium in Philipsburg.

This property is located across the street from the landmark Pasanggrahan Hotel, and is just a few minutes walk from Holland House Hotel, St. Rose Arcade, Court House, Notary Offices, Banks, Government Offices, Beach, Restaurants, Shopping, Casinos, Marinas, and so much more.