Hotel for Sale St. James, Montego Bay

Property Details

Landmark Hotel located on Jimmy Cliff Boulevard directly across from the world famous Doctors Cave Beach (a white sand beach) in Montego Bay. There are 74 rooms, 9x 1 bedroom suites and 3 x 2 bedroom suites. Facilities include a central front desk and concierge reception area, a porte-cochere driveway , 2 restaurants, poolside bar & BBQ area, recreational & private event spaces, fitness center, 8 retail spaces, a swimming pool, lush garden areas and private parking with 2 bus bays. In addition, there are staff accommodations, executive offices and a laundry to complete this offering which shuttered in 2020. The area is centrally located with public transport, hotels, retail stores, restaurants and local attractions nearby. This property spans over 2.5 acres (10,139.6 sq. m) with a frontage of 1345 sq. ft (or 125 sq. m) along this main road known as "The Hip Strip" where the demand for real estate has been growing steadily. There is ample room for hotel expansion, condominiums or other commercial development, if desired. The international airport is minutes away with daily commuter services serving 2.5 million passengers. An incredible investment opportunity !