Commercial For Sale in City Of Hamilton - Real estate in Bermuda

Christies Sinclair Realty

Commercial For Sale in City Of Hamilton

Commercial building for sale A. H. Dismont Building, City of Hamilton
Price: $1,680,000
Location:
City of Hamilton, Bermuda
Lot Size:
0.069 Acres
Type:
Commercial
Availability:
Bermudian
Property Reference:
clba_11393 - #39174

Property Description

Albert H. Dismont Building is a historic mixed-use building offering a unique opportunity in the core of Hamilton. Sitting on 13 &15 Reid Street and 18 Washington Lane, the property features a versatile layout with significant potential for redevelopment. The building includes four vacant residential apartments on the third floor, along with two retail spaces on the ground floorone of which is occupied by a longstanding tenant. The property also boasts two vacant restaurant spaces, adding to its commercial appeal. While the building requires extensive renovations, its prime location makes it an ideal site for revitalization and future growth.
With roots dating back to January 1935 when it was known as Albert's Guest House, this historic property offers a rare chance to shape a prominent piece of Hamilton's cityscape. Whether you're an investor seeking a redevelopment project or an entrepreneurial visionary, this property provides an exceptional opportunity within the city's thriving landscape.

Price: $1,680,000

Coldwell Banker Bermuda Realty

Morston Financial
Buy this property for $8,312 pcm

To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com

Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.

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