10

Price REDUCED Molynes Road Commercial Property for Sale w/Hotel

USD USD 5,500,000
92 Bedrooms

Description

Description
Olympia Crown Hotel and Adjoining Building for Sale Located at 53 Molynes road, Kingston10, is this property disposed over 2 Acres of securely fenced and well maintained grounds on which is located 2 separate structures as follows: Building housing the Olympia Crown Hotel: approx. 30,000 sq. ft on 4 floors with 92 rooms, fully furnished and equipped.

Entrance foyer on Ground floor with Restaurant and Bar, Meeting Rooms, Administrative and Front Office, Kitchen, Swimming Pool and Tennis Court area.

On the mezzanine floor is a large Banqueting area and Bar fully equipped and operational. Located across the driveway is another separate 2 storey structure on an open floor plan with 12000 sq.ft of floor area on each floor(24,000 sq ft). Owner is retiring and has now offered to sell the property as a going concern.

May be suitable for Student housing, with Lecture halls and multi function possibilities. This property is listed at US$5.5 Million or JMD$ equivalent.

We will look at reasonable offers and some financing options. Complete the form below to contact us about this listing. You may also call our office at (876) 946-2806

Property Features

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  • Anthony Harris
  • Access Property Investments Licensed Brokerage, offers services in Sales, Leases and Rentals, Land Acquisition specialist, with “Direct Connect” links for associated property appraisers offering valuations and auctioneering.
    Incorporated in 1990, we opened our office in May 1990, located at the corner of Duke and Tower Streets; 119 Tower Street, Kingston, Jamaica W.I.
    Currently located at 3 Easton Ave. Kingston 5.
Country: Jamaica State/Province/Region: Kingston City: Kingston
Loan Terms
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Date
Event
Price
$/SQFT
May 23, 2017
Listed for sale
USD 7,000,000
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Oct 27, 2017
Price changed
USD 4,000,000 42.9 %
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Aug 31, 2018
Price changed
USD 5,500,000 37.5 %
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Location

Country Jamaica
State/Province/Region Kingston
City Kingston
We were unable to find the requested address (K) via Google street view due to Google street view doesn't have data for this address.

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