The NAPA Building located at Upper Bay Street, Kingstown is a fantastic investment opportunity within the commercial sector in St. Vincent and the Grenadines. The location is not only ideally suited for a multitude of uses and business opportunities, there is even greater potential in expanding the size and capacity of the structure. The property also has the advantage of parking facilities on the current concrete roof top of the building, that is accessible from the Upper Long Lane road into Kingstown.
The building sits on 6,154 sq. ft. of land and houses two floors that are accessible via a stairwell from both the rooftop parking area, as well as from the Bay Street area. The Ground Floor is 3,187 sq. ft. in size, and has bathrooms and kitchenette facilities, while the balance of the space can facilitate offices, storage, and/or a retail outlet, . There is also a loading bay with an elevator shaft, a storefront entrance, and and additional space for parking at the entrance. The First Floor is 4,545 sq. ft. with bathrooms and kitchenette facilities, and the balance of the space facilitates offices, storage, and/or a retail outlet.
The structure is very solidly built and is in excellent structural condition. It has a reinforced concrete foundation, and steel H profile columns and beams. The floors and roof are of reinforced concrete slab on steel deck, and the exterior and interior walls are reinforced block walls finished with cement plaster and acrylic base paint. The windows and doors are made of aluminum frames with glass panels and some are of solid wood. The storefront windows on the Ground Floor are protected by rolling shutters.
This property has tremendous investment potential as it can yield a favorable commercial rental return. The on site parking is an invaluable asset, considering the demand and limited parking facilities available in Kingstown. To its advantage also is the ease of access to and exit from the facility.
