About this Property
Now on the market for sale is the well-known Town Centre Mall!
This three-story property is a great income-generating investment and even has the potential to expand. The building sits on over four (4) lots of land and has a square footage of over thirty-two thousand (32,000).
This mall spans from Frederick Street to Chacon Street in downtown Port of Spain and comes with forty-seven (47) retail store spaces and seventeen (17) kiosks on the first two levels. The third level is currently being used for storage but can easily be converted to accommodate more retail or office spaces to rent.
The property has both burglar and fire alarms and has an on-site generator for back-up power. The building is also equipped with steel overhead doors for safety when the mall is closed. The location of this mall attracts a lot of foot traffic, and the businesses here are always busy and thriving.
This property represents an excellent investment opportunity. Call us today for more information, we are here to assist you with all your real estate needs.
- Ground Floor – 22 Retail Stores, 15 Kiosks and 2 Washrooms
- First Floor – 25 Retail Store, 2 Kiosks and 2 Washrooms
- Second Floor – 5 Storerooms and 2 Washrooms (TSTT is currently renting part)
- Basement – Access from Chacon Street. Has a water well. Area used to receive goods and garbage collection.
- The building has a burglar alarm, fire alarm and an on-site generator for backup power.
- Elevator shaft in place from the basement to second floor.
- Asking Price $120 million negotiable.
About the Region
Port of Spain
Port of Spain (Spanish: Puerto España), officially the City of Port of Spain (also stylized Port-of-Spain), is the capital city of Trinidad and Tobago, the country's second-largest city after San Fernando, and the third largest municipality after Chaguanas and San Fernando. The city has a municipal population of 37,074.
This city offers housing facilities to many ministries of the local government. It serves as a main transport hub for both land and sea where many citizens use daily to move around the country.
Many businesses thrive from the fluster of working class people who pass through daily. Some sectors or business types located are banking, hotels, casinos, food, cinemas, restaurants etc.
Port of Spain is very popular for having the largest round about in the world which is known as “the Queens Park Savannah”. Main tourist attractions such as the Emperor Valley Zoo and Botanical gardens are all located around the Queens Park Savannah. This city is where the most exciting carnival celebrations are held and are participated by many well-known celebrities.
A main tourist attraction is “the Avenue” where many persons gather on a weekend to whine down, relax and enjoy the many “hang out spots”. This too is another major tourists attraction as many celebrities visit just to relax.
