Caribbean MLSReal Estate

9 Bedroom Commercial Property for Sale

Available on request

The brief

The reason to consider it.

This busy investment property is well maintained and in a prime location.

It features three residential units on the second floor comprising of two, two bedroom one bathroom apartments and a one bedroom apartment in the rear. A busy grocery store, salon and an office occupy the ground floor.

This property is on the main Claridge road, the shortest route from Marathon Mall to Wulff Road. It is close to schools, churches and public transportation.

It currently provides an income of $61,200 per annum which can easily be increased to market value.

Last confirmed

Year built
2015
Type
Commercial
Land
4,015 ft²
Use
Mixed use
Lettable area
4,015 ft²

What this listing includes

  • Parking
  • Kitchen
  • Laundry
  • Air conditioning

What people say about Bahamas

Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.

  • Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
  • Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
  • Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
  • Concern Vacant land owned by foreigners carries a notably heavier tax until built on

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law