Front Street to Boardwalk Commercial Building

Description

“Front Street to Boardwalk Commercial Building”

Rare opportunity to purchase one of the only Freehold “Fee Simple” Deeded (NOT Government Long Lease Land) parcels of beachfront real estate in Philipsburg, St. Maarten. This property offers direct frontage onto Front Street (one of the busiest shopping streets in the entire Caribbean) as well as the beachfront boardwalk, which offers stunning views and direct access to one of the most vibrant areas on the island. 

 The current structure is just one level and is rented to a jewelry store on front street side of the property and a restaurant / cafe on the boardwalk.  But the real potential of this location is to develop a multilevel structure that can be used for a variety of possibilities including boutique hotel, condos, offices, retail, etc… 

Parallel to this parcel on the western side of the property line is a public access alleyway that connects Front Street to the Boardwalk giving this property maximum exposure to pedestrians in the area.

Location, Location, Location, this is (fee simple) beachfront real estate in the capital city, walking distance from countless other businesses and direct exposure to over one million walking tourists every year, all with NO ANNUAL REAL ESTATE TAXES!  The possibility also exists to purchase the adjacent lot which would give you a combined area of 925 square meters (click here for more details about purchasing both lots)

Lot Size: 474 Square Meters

Annual Real Estate Taxes: None!