Exceptional Investment Opportunity in Negril

Presenting a remarkable opportunity for investors, this well-established plaza features a total of 18 retail shops, with sizes ranging from 500 to 2,500 square feet, alongside four rental apartments. The residential component includes two spacious two-bedroom units and two cozy one-bedroom apartments, making it an attractive option for potential tenants.

Strategically located on the renowned 7 Mile Beach Road, this property boasts the added advantage of having the stunning beach just across the street. Built in 2000, the plaza is situated on over 1.6 acres of cleared land, providing ample space for a large parking area that can easily accommodate tourist buses, ensuring convenient access for visitors.

The tenant mix primarily consists of tourist-oriented businesses and jewelry shops, catering to the vibrant tourist market that Negril is famous for. Additionally, the plaza includes a charming café, enhancing the overall appeal of the shopping experience. A Scotia ATM is also conveniently located on-site, providing essential banking services to both tenants and customers.

Offered at an attractive price of $3.5 million USD, this property is competitively priced below its valuation, presenting a unique investment opportunity. Negril is recognized as one of the most sought-after tourist destinations, and recent government announcements regarding the construction of a brand new international airport in the area further enhance its potential for growth.

This property is fully sewered, offers easy highway access, and features a level terrain with beautiful views, making it an ideal shopping center for both locals and tourists alike. Don’t miss out on this excellent investment property that promises substantial returns in a thriving market.