Caribbean MLSReal Estate

Commercial building on Yellow Pine Street, Freeport

Available on request

The brief

The reason to consider it.

Located on heavily traveled Yellow Pine Street in Freeport’s Civic Industrial Area, this fully leased commercial building offers excellent income potential and a proven profitable track record. The 0.57-acre property is strategically located just one mile from Grand Bahama International Airport and approximately five miles from the harbour and industrial port facilities, providing convenient access to all areas of Freeport. The property features two well-maintained commercial buildings. Building 1 is an L-shaped concrete structure comprising four shop units and seven warehouse units, while Building 2 offers 2,507 sq. ft. and consists of four warehouse units. All units are equipped with individual split air-conditioning systems. A valuable feature is the property’s dual-access design, with frontage on Yellow Pine Street and rear access from Silk Cotton Street, allowing tenants convenient entry to the warehouse areas. Both buildings are in very good condition and well maintained. Fully occupied and generating strong rental income, this turnkey commercial is a great investment.

Type
Commercial
Land
24,994 ft²
Use
Industrial
Occupancy
100%
Tenants
11
Interior
Available on request
Year built
Available on request

What this listing includes

  • Air conditioning
  • Parking

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