Prime Commercial Building | 54 Prince Street, Port of Spain
- Type: Office Building
- Parking: None
- Village: Port Of Spain
- Floor area: 5000 sq.ft
A rare opportunity to acquire a freehold commercial building in the heart of downtown Port of Spain. Located between Henry Street and Charlotte Street, this property sits within one of the capital's busiest commercial corridors, offering strong potential for investors and business owners alike.
Comprising just under 5,000 sq. ft. over two floors, the building features arcade retail space on both levels, with a bar and lounge to the rear.
At its peak, the property generated approximately TT$78,000 per month in rental income, underscoring the earning potential of this location.
The building is structurally sound and needs cosmetic upgrades to restore it to its full potential. Previously valued at TT$9.25 million in 2013, this is an opportunity for an investor to renovate, reposition and capitalize on a prime downtown asset.
Property Highlights
- Prime location between Henry Street and Charlotte Street
- Freehold commercial building
- Just under 5,000 sq. ft.
- Structurally sound, cosmetic upgrades needed
- Arcade retail space on both floors
- Bar & lounge to the rear
- Previously generated approximately TT$78,000/month at peak occupancy
- Asking price reflects the cosmetic work required
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