Commercial Building for Sale in San Fernando – $2.3M Neg.

Commercial Building for Sale in San Fernando – $2.3M Neg.

★ Property Description
Commercial property located at No. 30 St. James Street, City of San Fernando, currently being marketed for sale.

This three-storey reinforced concrete blockwork building is located within San Fernando’s commercial hub and sits on 213.0 m² / 2,292.3 sq ft of freehold land. The property has 12.20 metres / 40 ft of frontage along St. James Street.

The site is flat, quadrilateral, at road level, and well-drained.

The building is over 50 years old and is in fair structural and decorative condition. It includes reinforced concrete foundation, columns, beams, roof slab, reinforced concrete staircases, aluminium-framed windows, and mixed timber and aluminium doors.

Accommodation layout includes:

Ground Floor:
• 4 bedrooms
• 4 bathrooms
• 2 half bathrooms
• 1 kitchen
• 1 living/dining area
• Utility area
• 2 commercial apartments

First Floor:
• Church space
• 1 bedroom
• 1 bathroom
• 1 half bathroom

Second Floor:
• 1 bedroom
• 1 bathroom

Covered areas:
• Ground Floor: 132.0 m² / 1,420 sq ft
• First Floor: 150.5 m² / 1,620 sq ft
• Second Floor: 150.5 m² / 1,620 sq ft

Services and amenities include mains water, electricity, telephone, internet, cable TV, public sewerage through WASA, asphalt road access, public and private transport availability, street lighting, fire hydrant, and reinforced concrete sidewalk.

The property is located in a mixed-use commercial and residential neighbourhood with good and consistent market demand for properties of this type.

Valuation Summary:
• Valuation: $4M
• Current selling price: $2.3M Neg.
• Assessed Market Value: $4,000,000.00
• Recommended Advertised Price: $4,200,000.00

The valuation was completed in accordance with RICS International Valuation Standards (2022) using the Sales Comparison Approach.

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Real Estate Executive
Corrie Toppin

WhatsApp @ 791-0717

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★ Property Category
Commercial Sale

★ Property Type / Building Type
Commercial Building

★ Sale / Rent
Sale

★ Price
$2,300,000.