Commercial Building for sale in Dunnottar

Positioned on a prominent corner site, the historic Dunnottar Hotel presents a rare opportunity to acquire a substantial mixed-use property with significant redevelopment potential. This landmark property combines commercial income potential with extensive residential accommodation options.

The property is a blank canvas for investors seeking to unlock its full potential, offering a versatile layout that lends itself to a variety of commercial and residential income-generating opportunities.

The ground floor provides an adaptable commercial and events component, featuring an expansive entrance foyer with two private offices, a large function hall ideal for community events, conferences, celebrations or venue hire, and men's and ladies' bathroom facilities servicing the function area. Further enhancing the commercial offering is one established retail store, a spacious commercial-grade kitchen, and an additional enclosed multi-purpose room converted from former parking bays.

This layout supports a range of business ventures and presents opportunities for continued commercial use while generating additional income through retail, hospitality, events, or community-focused services.

The upper level comprises 23 well-positioned rooms, making it ideally suited for conversion into long-term rental accommodation, student housing, a boarding establishment, or workforce lodging. Accommodation consists of 10 rooms with private en-suite bathrooms and 13 rooms serviced by communal facilities. Residents also have access to two large communal bathrooms, one fitted with a bath and the other with a shower.

Several of the larger rooms enjoy access to private balconies overlooking the surrounding area, while an external fire escape provides direct access from the first floor, enhancing safety and compliance.

At the heart of the property lies a central courtyard garden, creating a private outdoor space for residents, tenants, or guests. Additional improvements include 5 to 6 undercover parking bays, secure gated courtyard parking for approximately five additional vehicles, and six outbuilding rooms situated above the undercover parking area. These rooms are currently not plumbed but offer excellent potential for storage, workshops, offices, or future value-added development.

The property's strongest future use lies in a mixed-use investment model, combining long-term residential rentals on the upper level with commercial, retail, and event-based activities on the ground floor. With strong demand for affordable accommodation and local retail services in the Nigel and Springs corridor, investors have an exceptional opportunity to establish multiple income streams from a single asset.

This is a rare opportunity to acquire a landmark property with substantial accommodation capacity, established commercial infrastructure, excellent visibility, and outstanding redevelopment potential in a growing regional market.