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This is a rare opportunity to acquire a hotel set along the waterfront in the highly sought after Rodney Bay Marina – the last available waterfront parcel in this highly sought-after area. Ideally situated just a short distance from the beach, swimming spots, Rodney Bay malls, shops, restaurants and bars, various hotels and the Pigeon Island National Park, the property boasts an enviable location.
Set on 3.25 acres with over 500 feet of water frontage, the hotel comprises 69 units with 1, 2 and 3 bedroom layouts across 3 buildings. There are also common facilities which formerly housed a reception, restaurant, bar, pools and administration facilities.
Also included in this sale is 39,000 square feet of land located at Rodney Heights, acquired for additional parking facilities.
The hotel has been closed for over 10 years and is in need of renovation/restoration. The potential for this site includes returning to being a boutique hotel, or converting the units to condominiums for sale or developing a mixed-use site including developing the back of the site which currently has a foundation slab, with the intention that additional units or offices could be built on site.
The site is located 400 feet away from the main Castries to Gros Islet highway and this highway corridor remains the hub for continued development in the already popular Rodney Bay area.
