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MLS# 102678 Available For Sale

6H, COCONUT DR FREEPORT

$4,500,000 USD

Building and Land
Industrial Type Light
Business Type Business
SQ Footage 38,800

Description

Portsville Plaza, located in the highly sought-after Freeport area of Montego Bay, is an exceptional income-generating commercial property offered for sale at US$4,500,000. Situated on a 34,481.98 sq. ft. (0.80-acre) lot under Title 1273/558, the complex comprises 48 office and retail units totaling approximately 34,800 sq. ft., along with a 4,200 sq. ft. penthouse space. Currently, 75% occupied, the property provides immediate rental income while allowing the purchaser the opportunity to lease the remaining 25% of available space and enhance returns. Its strategic location near the Montego Bay Wharf makes it particularly attractive to importers, distributors, and merchants requiring office, retail, or warehouse-related facilities. The property is also conveniently located close to Fairview and major commercial establishments, including the Cruise Ship Pier, Montego Bay Wharf, Customs, Tax Administration of Jamaica, Caribbean Producers Ltd., Rainforest Seafood, major hotel developments, and Doctor’s Hospital. Freeport continues to experience strong growth, supported by luxury waterfront residential developments such as The Lagoons and Freeport 22.

Amenities

  • Highway Access
  • Public Trans. Nearby
  • Shopping Nearby

Listed by KELLER WILLIAMS JAMAICA

Summary
Garage
false
Lot Sqft
34848
Interior Features
Interior Features
Highway Access
Sqft Total
38800
Exterior Features
Lot Features
Public Trans. Nearby,Shopping Nearby
Lot Sqft
34848
Commercial Features
Business Name
Portsville Plaza
Business Type
Business
Business Subtype
Service
Commercial Type
Building and Land
Cost Per Sqft
0.00
Industrial Type
Light
Nearby Schools

Location

Cornwall, St. James, Jamaica

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Learn more about Saint James

The local mecca for resorts and tourism activities, the parish of St. James is for many a first choice vacation destination. Its capital Montego Bay is recognized as the second city of the island, Kingston being the first. The Donald Sangster International Airport in the city is the busiest airport in the English speaking Caribbean. To no surprise, one in every four persons living in St. James is employed to the tourism industry.

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Saint James