Caribbean MLSReal Estate

Commercial Property for sale - Charlotte Street Commercial Building, Downtown, Bahamas

Available on request

The brief

The reason to consider it.

This Commercial property offers an exceptional opportunity in the heart of historic downtown Nassau, just steps from Bay Street.
The building includes a cocktail bar, dining room, kitchen and preparation room on the ground floor, and the second floor comprises two restaurant seating areas & guest bathrooms.
The prime location provides easy access to local shopping and dining, the vibrant Straw Market, Junkanoo Beach, and the bustling Cruise Port.
This property offers both historic charm and modern amenities in Nassau’s bustling center.

Last confirmed

Type
Commercial
Land
4,596 ft²
Use
Retail
Lettable area
4,596 ft²
Year built
Available on request

What this listing includes

  • Restaurant or bar
  • Kitchen
  • Parking
  • On-site security
  • Conference room

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