Avenida Milo Croes 91 & 91-E

Details

🏗️ INVESTMENT OPPORTUNITY, Avenida Milo Croes 91 & 91-E, Aruba
💰 AWG 1,800,000 | 📍 Prime Redevelopment Site in High-Traffic Commercial Corridor

An exceptional opportunity for investors and developers. This expansive 2,035 m² property sits along Avenida Milo Croes, one of Aruba’s busiest and most commercially active roads. Perfect for those looking to redevelop the site into a high-yield commercial or mixed-use project in a strategic central location.

📐 Property Overview:
📏 Total Land Size: 2,035 m²
🏠 Currently features two residential houses
🏗️ Zoning: Long lease land that can be converted into commercial leasehold
🏘️ Ideal for demolition and redevelopment into commercial or mixed-use use

🏘️ Existing Structures Summary
🏠 Currently features two residential houses totaling ±285 m² built-up area
🛏️ 5 Bedrooms total
🛁 3 Bathrooms total
🍽️ Living/Dining Rooms & Kitchens
🌤️ Porches / Verandas / Patio spaces

With some renovations, the existing houses could also be converted into multiple apartment units, creating additional rental income.

🧭 Strategic Location Highlights:
High-visibility lot along a major commercial artery
Next to Flora Market and PriceSmart
Excellent access to Oranjestad, Dakota, and the Airport
Surrounded by retail, supermarkets, warehouses, and mixed-use businesses
Ideal for offices, retail plaza, or apartment complex

💡 Development Potential:
The combined 2,035 m² provides exceptional flexibility for large-scale projects such as:

Commercial plaza or retail strip

Office or medical center

Mixed-use development (retail + apartments/offices)

Service or logistics hub

The property’s long lease land status can be converted into commercial leasehold, significantly enhancing its long-term value and development potential. This is a rare find in one of Aruba’s most sought-after commercial corridors, perfect for developers or investors ready to create a modern, income-generating property in a high-traffic area.