Exceptional Income-Generating Commercial Property: Portsville Plaza

Introducing Portsville Plaza, a remarkable commercial property situated in the vibrant area of Freeport, Montego Bay. This income-generating asset boasts a total of 47 offices and shops, encompassing approximately 34,800 square feet of prime commercial space, along with a spacious penthouse measuring 4,200 square feet. This property is available for sale at a competitive price of US$5,000,000.

Currently, the space is 90% occupied, with the remaining 10% available for rent, providing an excellent opportunity for the new owner to attract additional tenants. The owners are keen to offer the prospective purchaser the flexibility to find suitable tenants, ensuring a seamless transition and continued income generation.

The lot itself spans an impressive 35,002.465 square feet (0.80 acres) and is documented under titles Volume 1273 Folio 558. Its strategic location near the Montego Bay wharf makes it particularly advantageous for merchants in need of warehouse space for their imported goods, enhancing its appeal for various business operations.

Portsville Plaza is ideally positioned in close proximity to Fairview and a host of neighboring high-value businesses, including the Cruise Ship Pier, Montego Bay Wharf, Customs, Tax Administration Office, Caribbean Producers Ltd, Rainforest Seafood, and the renowned Secret Hotel. Additionally, it is surrounded by large BPO operations and the esteemed Doctors Hospital, making it a hub of activity and commerce.

The Freeport area is also home to luxurious residential developments, such as the Lagoons on the waterfront and Freeport 22, further elevating the desirability of this location. The property features essential amenities including full sewer access, convenient highway access, and a level terrain, making it suitable for a variety of commercial endeavors. Public transportation and shopping options are readily available nearby, ensuring ease of access for both tenants and customers.

With its prominent corner site and excellent visual exposure, Portsville Plaza stands out as a prime investment opportunity in the heart of Freeport, Montego Bay. This property is not just a place of business; it is a gateway to success in a thriving commercial landscape.