Grand Central Hotel Building - Mls 66738
Available on request
15 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
The Grand Central Hotel offers an exceptional opportunity in the heart of historic downtown Nassau, just steps from Bay Street. This four-story property features 24 hotel rooms, each with an ensuite bathroom, alongside a welcoming foyer, front desk, elevator, and a versatile restaurant area.
The hotels prime location provides easy access to local shopping and dining, the vibrant Straw Market, Junkanoo Beach, and the bustling Cruise Port. The expansive rooftop space presents a unique opportunity to create an upscale rooftop bar or restaurant, capitalizing on the stunning vistas and lively atmosphere.
This property is ideal for transformation into a Boutique Hotel and dining establishment, offering both historic charm and modern amenities in Nassaus bustling center.
Last confirmed
- Type
- Commercial
- Land
- 9,397 ft²
- Use
- Hospitality
- Lettable area
- 9,397 ft²
- Year built
- Available on request
What this listing includes
- Elevator
- Restaurant or bar
- Hotel-managed
- 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
The asking price is not what it costs.
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