Grand Central Hotel Building, New Providence Paradise Island
Description
The Grand Central Hotel offers an exceptional opportunity in the heart of historic downtown Nassau, just steps from Bay Street. This four-story property features 24 hotel rooms, each with an ensuite bathroom, alongside a welcoming foyer, front desk, elevator, and a versatile restaurant area. The hotels prime location provides easy access to local shopping and dining, the vibrant Straw Market, Junkanoo Beach, and the bustling Cruise Port. The expansive rooftop space presents a unique opportunity to create an upscale rooftop bar or restaurant, capitalizing on the stunning vistas and lively atmosphere. This property is ideal for transformation into a Boutique Hotel and dining establishment, offering both historic charm and modern amenities in Nassau's bustling center.
Where it is
What's on near New Providence Paradise Island
09/29Weekly Walking ClubDockside · Atlanta09/29Guided Workshop: Painting Flowers
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Muziekgieterij · Maastricht09/30Travel now through September 30, 2026.
Viva Fortuna Beach by Wyndham
Climate · Nassau
Station: NASSAU AIRPORT NEW · 12.5 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 26 |
| Feb | 27 |
| Mar | 27 |
| Apr | 29 |
| May | 30 |
| Jun | 32 |
| Jul | 33 |
| Aug | 33 |
| Sep | 32 |
| Oct | 31 |
| Nov | 28 |
| Dec | 27 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 71 |
| Feb | 67 |
| Mar | 73 |
| Apr | 94 |
| May | 164 |
| Jun | 253 |
| Jul | 173 |
| Aug | 222 |
| Sep | 200 |
| Oct | 172 |
| Nov | 122 |
| Dec | 58 |
What's nearby 871 places
Getting there
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Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Downtown Bay Street New Providence Paradise Island | 1 min walk | — | $7,000 |
| Bayparl Building, Parliament Street, Unit 10 New Providence Paradise Island | 1 min walk | — | $1,750 |
| Bay And Parliament Street New Providence Paradise Island | 1 min walk | — | $2,980 |
| Bay And Parliament Street New Providence Paradise Island | 1 min walk | — | $1,622 |
| Norfolk House, Unit 5 New Providence Paradise Island | 2 min walk | — | $13,717 |
| Shirley Street Office Rental New Providence Paradise Island | 2 min walk | — | $8,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
6 other properties in New Providence Paradise Island advertised at within 25% of this price. Their median asking price is $2,810,000 — this one is asking 2% less. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| 20 Kingfisher Island | New Providence Paradise Island | 5 | $2,760,000 | same |
| Eastern Road | New Providence Paradise Island | 5 | $2,800,000 | +2% |
| A Western Road, Unit A-101 | New Providence Paradise Island | 2 | $2,810,000 | +2% |
| Lot 6 Bougainvillea Drive | New Providence Paradise Island | — | $2,650,000 | -4% |
| Prince Charles Drive | New Providence Paradise Island | — | $2,850,000 | +4% |
| Harbour's Way, Unit 99 | New Providence Paradise Island | — | $2,850,000 | +4% |