Commercial For Sale in Pembroke - Real estate in Bermuda

Christies Sinclair Realty

Commercial For Sale in Pembroke

Endfield, Pembroke
Price: $1,650,000
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Location:
Pembroke, Bermuda
Type:
Commercial
Availability:
Bermudian
Property Reference:
reg_PM733 - #34059

Property Description

‘Endfield’ offers two dwellings both residential and commercial zoning, conveniently located within walking distance to town outside of the Corporation of Hamilton tax zone. This property comprises of 7 apartments with 5 assessment numbers with 8 bedrooms and 7 bathrooms in total. The main property features 3 studio apartments and a 2-bedroom apartment. A separate dwelling contains two large upper and lower studio apartments and the final dwelling behind the main property has a one-bedroom apartment with a separate kitchen, living and dining area. There is a coin operated laundry area on the premises and a large storage area on the property. All the windows were recently replaced, and each dwelling has tiling throughout and granite countertops in the kitchens. The property has the potential to be converted into a 3-bedroom, 2-bathroom home with 4 additional apartments for income. The existing zoning is Commercial usage in principle and Residential offering mixed use. Plans are included which have been approved (valid through 2022) for a new commercial/retail building with retail ground floor and office/apartments on two levels above, including a basement storage area with loading dock. There is deeded access from both Serpentine Road and Ferrars Lane. There is also Watlington Water access. This property would be ideal for staff quarters, as a multi-family development or a new retail development with apartments.

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Price: $1,650,000

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