9 E Bay Street, 00000 (MLS# A12011110)

9 E Bay Street, 00000

$14,500,000

Virtual Tour

https://www.dropbox.com/scl/fi/8h52u3ewxtymqabogqvsv/One-Montague-Keyes.mp4?rlkey=g6gzrg5723kpc0d2ue4967g4f&st=zk7viq7f&dl=0

Property Type: Commercial Sale Square Footage: 56,735 Status: Active

Current Price: $14,500,000 List Date: 5/01/2026 Last Modified: 5/12/2026

Overview

Description

$14.5 MILLIONOne Montague Place, is a Class B Five (5) story fully leased Office Building situate on a prime location, East Bay Street, Nassau, Bahamas, 100 yards from the ocean. It sits on 1.45 acres or 63,143 sq ft (5,866 m^2) of land, on which the gross building area (GBA) is 56,735 sq ft and has a gross leasable area of 37,076 sq ft (3,444 M2).It was constructed in 2001 and although greater than 15 years old, it is in good condition, thus fits into Class B. Most leases have 2 to 3 yrs remaining. Embassy of Brazil is renewing this year for another 5 yrs. And most if not all of the govt leases will most likely renew for 3 to 4 yrs when they expireThe Bahamas economy is healthy and benefits from close proximity to the United States and at its closest point is 53 miles from Bimini to Palm Beach. Its politically stable and is a democracy. Its principal economic drivers are Tourism (over 10 million in 2025 and growing), and Banking and Financial Services.Currently there are $3 billion ... (Read more)

Supplements: See English translation under "remarks" in the opening paragraphs above.

Listing Details MLS# A12011110

General Property Information

Number Of Buildings: Yes
Property Sub Type: Office
Occupant Type: Call Listing Agent
Building Area Main: 56735
Parking Total: 131
Lot Size Area: 63143
Lot Size Acres: 1.45
Stories Total: 6

Property Features

Building Features: Elevator(s); Lobby; Reception Area; Separate Office Area Ceiling: Suspended Common Area Maintenance Includes: Exterior Electric; Fire Liability Insurance; Inside Insurance; Interior Electric; Real Estate Tax Documents Available: Appraisal; Books & Records; Contracts; Copy Of Lease(s); Deed; Rent Rolls; Site Plans Electric: 110 Volts Flooring: Concrete Location of Property: Beach Access; City Location Parking Features: Common Possession: Before Closing Property Condition: New Construction Sale Includes: Building; Fixtures; Land; Leases; Machinery; Signs Special Listing Conditions: Real Estate Owned Zoning Information: Use Conforms To Zoning Source Of Expenses: Books Tenant Pays: Electricity; Fire Liability Insurance; Inside Insurance; Insurance; Interior Electric; Maintenance; Management; Trash Collection; Water Construction Materials: Block Cooling: Central Building Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Metal Security Features: Security Fence; Other Sewer: Public Sewer Special Information: Foreign Seller; Corporate Owned Structure Type: Office Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 14500000

Location and Legal

Country: Bahamas
County Or Parish: Other
County Parish Name: Other
Street Number: 9
Street Direction Prefix: E
Street Name: Bay
Street Suffix: Street
Postal Code: 00000
Area: 5990 - International
Geographic Area: Other
Multiple Offers Accepted: Yes
Zoning: Open
Directions: Travel to East Bay Street and immediatly in the front of the entrance to Montague Beach is the entrance to One Montague Place.
Property Description: 5 Story Office Building of con

Financial Information

Tax Annual Amount: 125386
Tax Year: 2025
Tax Legal Description: 1.45 acres of land and 5 Story Office Building

Status Change Information

Major Change Timestamp: 2026-05-01T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-05-01

More Information

Building and Property Details

# Of Offices: 8
# Of Tenants: 4
Door Height: 10-12'
Year Of Addition: 2001

Meter Information

Number Of Meters Total: 3444

Short Sale Details

Lender Approval: Approved
Short Sale Addendum: No

Income and Expenses

Gross Income: 1025667
Gross Scheduled Income: 1025667
Inc/Exp Statement Period: 12
Net Operating Income: 751
Other Expense: 279280
Other Income: 5000
Trash Expense: 3760
Occupancy Percentage: 100
Vacancy Allowance Rate: 0

Originating Details

Originating System Key: 460865872
Originating System ID: M00000151

Currently Not Used

Ownership Type: Corporation

Office/Member Information

DXORIGMLSID: SEF

Electric

110 Volts: Yes

Flooring

Concrete: Yes

Parking Features

Common: Yes

Property Condition

New Construction: Yes

Special Listing Conditions

Real Estate Owned: Yes

Documents Available

Appraisal: Yes
Books & Records: Yes
Contracts: Yes
Copy Of Lease(s): Yes
Deed: Yes
Photos: Yes
Rent Rolls: Yes
Site Plans: Yes

Structure Type

Office: Yes

Tenant Pays

Electricity: Yes
Fire Liability Insurance: Yes
Inside Insurance: Yes
Insurance: Yes
Interior Electric: Yes
Maintenance: Yes
Management: Yes
Trash Collection: Yes
Water: Yes

Location of Property

Beach Access: Yes
City Location: Yes

Possession

Before Closing: Yes

Sewer

Public Sewer: Yes

Special Information

Foreign Seller: Yes
Corporate Owned: Yes

Zoning Information

Use Conforms To Zoning: Yes

Building Features

Elevator(s): Yes
Lobby: Yes
Reception Area: Yes
Separate Office Area: Yes

Ceiling

Suspended: Yes

Common Area Maintenance Includes

Exterior Electric: Yes
Fire Liability Insurance: Yes
Inside Insurance: Yes
Interior Electric: Yes
Real Estate Tax: Yes

Sale Includes

Building: Yes
Fixtures: Yes
Land: Yes
Leases: Yes
Machinery: Yes
Signs: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

City Street: Yes

Roof

Metal: Yes

Security Features

Security Fence: Yes
Other: Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes

Cooling

Central Building: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Listing Office: The Keyes Company

Last Updated: May - 12 - 2026

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9 E Bay Street, 00000 (MLS# A12011110)