Green Lantern building sold – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Green Lantern building sold

After more than a year on the market, the Serpentine Road building housing the former Green Lantern restaurant has sold.

It was listed for $1.4 million with Coldwell Banker Bermuda Realty.

Realtor Dale Young was the selling agent. She could not be reached for comment.

It is understood the plan is to keep it as a restaurant after upgrades.

The landmark diner shut down last February, a victim of the Island's recession.

The building was put up for sale for $1.9 million but the asking price was eventually dropped to $1.4 million. The family-owned and operated restaurant Green Lantern closed its doors after 70 years in business. Andre Woods owned the property along with his mother, Janice.

In total, the restaurant encompasses 2,241 square feet of space including storage rooms, a basement, plus a large parking area on the western side of the restaurant for patrons only.

Sold: The Green Lantern building on Serpentine Road has found new owners.

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Published September 18, 2013 at 9:00 am (Updated September 17, 2013 at 7:34 pm)

Green Lantern building sold

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