Title of Property: Olympia Hotel
Island: New Providence/Paradise Island
Listed Price: $4,990,000
Property Type: Building and Land
Business Name: Olympia Hotel
Business Type: Hotel/Resort
SqFt Total: 19800
Currency: BSD
Lot: 0
Lot SqFt: 19800
Site Influences
Highway Access
Public Trans. Nearby
Shopping Nearby
Amenities
Air Conditioning Fully
Highway Access
Shopping Area
Description: This three-storey, 19,800 sq ft, 40-room hotel is well located across from the new Margaritaville hotel and Junkanoo Beach. Built in the 1970s, it was updated in 2019, but it is in need of new upgrades. It is zoned for a 9 floor building and with the existing foundations it can hold two more floors. It also has space for a 60-seat restaurant, and it used to have a popular restaurant there. There is covered public parking available across the street at The Point. Open to all reasonable offers and priced to sell!