$625,000

Positioned in the heart of the City of Hamilton, this renovated standalone property presents a rare opportunity to acquire a versatile asset within the EEZ (Economic Empowerment Zone) under the City Plan 2025. Whether you're seeking a move-in-ready residence, a centrally located office, or an investment with future redevelopment potential, this property offers rare flexibility. Currently configured as a tastefully renovated two-bedroom, one-bathroom home, the property has been updated throughout and is ready for immediate occupancy. The bright and welcoming interior with tall ceilings is complemented by a charming front porch, creating an inviting entrance and an enjoyable outdoor space in the rear. Occupying approximately 0.08 acres, the long rectangular lot offers excellent potential for future enhancement. Plans are available for a proposed expansion, including excavating and developing the basement to create additional usable space in the basement, providing purchasers with exciting possibilities to increase the property's functionality. While currently used as a residence, it can transition to commercial use under the City Plan 2025, making it ideally suited for professional offices, consulting rooms, boutique retail, or a live/work environment (subject to any necessary planning approvals). Its location within the EEZ may also offer additional advantages for qualifying businesses. Situated just minutes from Front Street and within easy walking distance of restaurants, cafés, shops, banks, and government offices, the property enjoys one of Bermuda's most convenient addresses. City parking is readily available nearby, adding further practicality for both residential and commercial users. Whether you're looking for a city home today, a headquarters for your growing business tomorrow, or a property with long-term development potential, this is a unique opportunity to secure a standalone building in one of Hamilton's most desirable locations.