INVESTMENT OPPORTUNITY, Avenida Milo Croes 91 & 91-E, Aruba
AWG 1,400,000 | 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.
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$995,000
Added: April 5, 2023
$6,000,000 / (Negotiable)
Added: November 5, 2024