On the Market – BAS Building, Pembroke
BAS Building – an opportunity to own a building of over 18,000 sf with mixed used tenancy in a highly regarded industrial and retail area.
Recently listed by Coldwell Banker Bermuda Realty, The BAS Building is situated with dual entry and exit points on Bakery and Market Lane in Pembroke. The property offers a business owner or investor the opportunity to own a building of over 18,000 sf with ground floor operated by Buzz Café and the top two floors (with separate entrance) consisting of high-quality office space with an abundance of natural light and accessible by elevators or stairs.
Listing agent Brian Madeiros notes that the BAS building presents a commercial buyer with an opportunity to purchase an iconic contemporary property for part owner occupation whilst benefiting from an established income stream.
The footprint of the BAS building is made up of the ground floor Buzz Café with is approximately 5,300 SF, the second floor of approximately 5,500 SF and third floor of approximately 7,550 SF. There are four assessment numbers in total with a total tax payable of $29,659 per annum. The building is zoned as Industrial and priced at $4,195,000.