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Strategically placed, Prime Downtown Redevelopment Opportunity
(Central George Town, Cayman Islands)CI$2,600,000
- 192 Width
- 200 Depth
- 0.61 Acres
MLS# 413249
Flexibility & Visibility - Located a few blocks away from the Banks, Courts and Government Administration Building, Immigration Dept, and Cricket Square. 180 Shedden road is also minutes away from the Owen Roberts International Airport and George Town’s Seaport. Proximity to all major roadways in the area.
Property Description
Milestone Properties Cayman are pleased to present this well-established and profitable Bar & Restuarant with abdundant potential to maximise capacity and turnover, it is also uniquely positioned property as an excellent development opportunity in the core of Cayman’s bustling business district. The three parcels are combined and to be sold as one, benefiting with great road frontage and high visibility with easy access both on and off Shedden Road. Combined, these parcels total 0.61 acres of commercial land, zoned for general commercial development. With the new 2021 Planning Laws that are now in effect this zoning can allow upto 10 stories, obviously *subject to setbacks and site coverage/density* contact Sophie for more details.
This is a high and dry site with an elevation of 10ft AMSL, the main structure on the property measures approximately 2,300 square feet, while the roadside building is 1,800 square feet with an onsite storage building that equals 1,000 square feet. These factors together set this property as the perfect place for a professional office and or retail redevelopment scheme in line with the revitlalisation of George Town.
Key Features
Property Type:Land
Listing Type:Commercial
Property Status:New
Address:180 Shedden Road, Central George Town
Views:Garden View, Inland
Block:OPY
Parcel:98, 102, 105
Direction:180 Shedden Road
Zoning:Commercial
Possession:At closing
Frontage Road:City Maintained
Title:Freehold
Road Frontage:Yes
Road Surface:Asphalt
How Shown:By Appointment/List
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Nearby Locality
Flexibility & Visibility - Located a few blocks away from the Banks, Courts and Government Administration Building, Immigration Dept, and Cricket Square. 180 Shedden road is also minutes away from the Owen Roberts International Airport and George Town’s Seaport. Proximity to all major roadways in the area.
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