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Hastings Winnetka, IL BB1234

Sponsored
For Sale
$2,750,000

Beachfront Hotel, Restaurant, Development Opportunity

Property size:
43,137 SF

Description

Added:
Dec 11, 2024
Days on Market:
396
This exceptional 1-acre property in Christ Church, Barbados, presents a unique investment opportunity. Located steps from Accra Beach, this 43,137 sq ft site previously housed the Abbeville Hotel and currently operates as the successful Abbeville Bar & Restaurant. The property features a well-maintained restaurant, pool area, office space, storage, and ample parking. Offered as a going concern or with vacant possession, this prime South Coast location offers significant development potential, capitalizing on the thriving tourism sector. The existing infrastructure includes a well-designed restaurant and bar, benefiting from upgrades approximately 20 years ago. The property's strategic location near Accra Beach and numerous amenities ensures high tourism appeal. This presents an unparalleled opportunity for investors or entrepreneurs seeking to expand within the Barbados hospitality market. Barbados offers a stable political and economic environment, a robust tourism sector, and attractive tax incentives for investors in the tourism industry, including potential tax holidays and reduced tax rates. The Grantley Adams International Airport, a major regional hub, ensures excellent connectivity to North America, Europe, and the UK. This property is ideal for those seeking to develop a luxury hotel, expand an existing hospitality business, or create a unique mixed-use development. The potential for significant returns on investment is substantial, given the property's location, existing infrastructure, and the favorable investment climate in Barbados.

Property Features for 0 Hastings

General Information

Property type
Hotels
Square Feet
43,137 SF

HighLights

  • $2,750,000 asking price for a 43,137 square foot hotel property in Barbados.
  • Located on approximately one acre of land near Accra Beach.
  • Currently houses the Abbeville Bar & Restaurant, a successful, established business.
  • Property can be purchased as a going concern or with vacant possession.
  • Offers significant development potential due to its prime location and existing infrastructure.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Winnetka
County
Cook
State
Illinois

FAQs

What type of property is this?
Hotel - Beachfront Hotel, Restaurant, Development Opportunity
Where is this hotel located?
The property is located at Hastings Winnetka, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: $2,750,000 asking price for a 43,137 square foot hotel property in Barbados.; Located on approximately one acre of land near Accra Beach.; Currently houses the Abbeville Bar & Restaurant, a successful, established business.
More about this property
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