Hamilton|
Walker Arcade & Calypso
|$10,400,000|36,728 Sq Ft

iconic buildings

Coldwell Banker is pleased to announce that they have received instructions to sell two of the city's most recognized commercial properties, The Walker Arcade and The Calypso Building.

A Rich Historical Legacy

The properties comprise over 36,000 Sqft. and sit on just over a third of an acre. The City of Hamilton was given its name by the House of Assembly in 1790
The lots which the Walker Arcade property was built on were purchased in the early 1800's.
The property was initially designed to accommodate the operational requirements of B.W. Walker & Co, trading as importers and exporters.

As the city grew during the next 100 years, the design and use of commercial property evolved to accommodate the changing times and in 1932 the owners invested significant capital to refurbish and join the existing buildings in order to create the well know arcade which connects Reid and Front Streets.
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modernization

The new development created 24 shops, 3 apartments and 14 warehouses. In 1994 the Walker Arcade was once again redecorated and modernized, creating a total of 31 rental units in the building.
The distinctive property adjacent to the Walker Arcade overlooking Front Street is occupied by Calypso.
This building was constructed in 1897 by Thomas Miles in order to house his grocery store.
The owners, across generations, understood that to stay competitive in the commercial marketplace, timely redevelopment was essential.
The opportunity to acquire these city lots which are available for the first time since the early 1800's will provide a new owner with a significant rental income or an opportunity to redevelop the property with a view to providing the city with a new and dynamic development which can be designed to reflect the changing needs of our local and international business stakeholders and our broader community.
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Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Brian Madeiros
President and CEO
Coldwell Banker Bermuda Realty
Independently owned and operated.
Direct: Cell: +1 (441) 334-9315Office: +1 (441) 247-1801Global Luxury Certified and Guild Elite Member
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Coldwell Banker Bermuda Realty
Independently owned and operated.
Atlantic House, 11 Par-La-Ville Rd., Hamilton, HC HM HX