700 Bay St, Abaco, Central Abaco

Details:- The finest commercial building to come on the market in Abaco, this building boasts 3 stories with spectacular views & is located directly on the harbour front of Marsh Harbour. It is adjacent to massive new and existing commercial activity, including the impressive Conch Inn Marina & Hotel reconstruction project. Harbour View Marina across the road is also newly constructed, with the availability of an all new state of the art marina & 2 beautiful villa rentals with gorgeous harbour views. Two doors from the Wm H Building is the world famous Wally's Restaurant. Nearby projects are active throughout this busy commercial strip. 

Another plus in purchasing this exclusive property is the access to the waterfront directly across the street. Permission to reconstruct the original 30 ft. dock (pre Dorian) and adding the 15 ft. floating dock is now available. Every tourist passes the property on the way to the adjacent Cays, private homes and the Great Abaco Beach Hotel and Marina, which is also within walking distance to this exclusive property.

Eight rental units are in the building, each serviced by a standby generator & a 500 gallon water/pump system. The commercial rentals include a very busy retail liquor store, a first class spa & one of the finest law firms in the Bahamas. The other units are 4-1 bedroom fully furnished apartments. The yearly income is $178,000 with an additional income of $6,498 from two of the commercial rentals in August 2023.

Abaco's economy is without a doubt one of the largest in the Bahamas with the commercial building & housing growth topping other Bahamian islands. Purchasing this unique & outstanding property is a must if you want to join in this tremendous financial market in Abaco.