INTERNATIONAL REALTY GROUP LTD
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86 Mary Street

George Town Central, George Town,
Cayman Islands
MLS#: 410569 Commercial (For Sale)
  • 6000.00 SQFT

PROPERTY DESCRIPTION

Great opportunity to rent out as a secure elevated warehouse, with retail stores to the ground floor with offices to the second floor. Alternatively redevelop as with residential apartments to the 2nd floor, consistent with the CI Government's initiative for the regeneration of George Town. The site is zoned General Commercial and as such could theoretically be developed up to 5-7 storeys under current zoning regulations, subject to parking. Opportunity may exist to combine and develop with adjacent sites in future in this busy rejuvenating urban area. Strong immediate rental income potential with the opportunity for future development. Priced to sell.

Key Details

86 Mary Street
Type Commercial
Status Sold
Acreage 0.1437
Year Built 1980
Block & Parcel 14CF,224
Lot Size 0.14
Views Inland
Foundation Slab
Zoning Commercial
Permanent Fixtures Ground floor fitted as law firm's archival storage warehouse including security and fire prevention system.
Type of Use Warehouse
Construction Block
Class Existing
Land Certificate Not Issued
Possession At Closing
Frontage Road City Maintained
Road Frontage 68
How Shown By Appointment/List

Location

NEIGHBORHOOD DEMOGRAPHIC

George Town

George Town The neighbourhood for families

The capital city of the Cayman Islands, George Town, is the historic base of the jurisdiction’s booming financial services industry. George Town is also a mecca for tourists; during peak season, the waterfront and town teaming with life as groups of visitors disembark from the cruise ships moored just offshore. In addition to a wide range of prime retail premises and Class A office buildings, George Town also offers a numbe...

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