Paparazzi Casino & Restaurant Turtle Cove · Providenciales · Turks & Caicos MLS# 1153502 Commercial Building & Land For Sale

US$ 4,900,000
MLS# 1153502
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Courtesy of TCREA MLS members.

Property Details

  • TCREA 2300608
  • City/Area Turtle Cove (Providenciales)
  • Country Turks & Caicos
  • Class Commercial
  • Land 351,657
  • Category Commercial Building & Land

Features and Amenities

  • Outdoor Lighting
  • Air Conditioning
    • Air Conditioning
    • Central A/C
    • Fenced
  • Heating Source / Energy
    • Electricity
  • Building - Framing
    • Concrete Blocks
    • Block and Steel
  • Location Features
    • Public Washroom
  • Roofing
    • Tile
  • Sewage system
    • Municipal/City sewer
  • Driveway
    • Paved

Property Remarks

Prime, multi-level, multi-unit centrally located commercial building for sale! The Paparazzi building located in Turtle Cove is just below the Queen Angel resort and condominiums. This area is home to great restaurants such as Mango Reef, Baci's and Sharkbite bar & grill as well as the Smith's reef which has some of the best snorkeling on island. Turtle Cove, located on the western end of the Grace Bay beach retains the unspoiled beauty of pre-development Grace Bay while just being a short 5 minute drive to the city center where most amenities and restaurants are located. This area has been a tourist Favorite for some time and now with the help of the new developments in the area such as Zenza Hotel and The Loren, the traffic has certainly increased. Paparazzi offers 3 business opportunities from one location. This complex constructed in 2006 sits on 0.75 acres of land with 15,830 sq ft of interior space. This building comprises a downstairs casino floor, second floor restaurant and third floor night club all with elegant, modern outdoor patios. The ground floor which is currently set up as a casino is equipped with general reception area, private offices, bathroom facilities, roulette tables, flat screen TV's and cash dispensing areas, all that an investor will need to start business immediately. The restaurant located on the second floor is immaculate. The unit is set up for romantic evening dining in the expansive dining room along with a small balcony for cocktails before dinner. This level is complete with a full bathroom containing high end fixtures and a commercial grade bespoke kitchen. The third level is the nightclub/bar area perfect for ending an enchanting evening with distant views of the Smiths reef and marina. This property has been kept in pristine condition to allow a new owner the opportunity to begin business right away. Alternatively, there is also the option to utilize one or two floors of this building and rent out the additional spaces since all floors have their own exterior access points. With ample parking, nearby lodging and all furnishings on site, this turnkey opportunity awaits the next investor.

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Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and TCREA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of TCREA (Turks and Caicos Real Estate Association) MLS. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s). (¹) Listed Amount was converted based on recent interbank exchange rates. We do not guarantee the accuracy of these amounts.