$1,300,000

MLS Status:

Active

MLS #

24-760
Baths: 2
Type: Commercial Sale
Square Feet: 7492

ABOUT THIS PROPERTY

200 feet from the cruise ship port is this historic Danish colonial urban complex built in 1900, in the thriving heart of Frederiksted town at the waters edge. Seven arches made of Danish brick – one for each of the Seven Flags that flew over the Virgin Islands. There is a constant flow of traffic, seven days a week, from local residents, divers and cruise ship passengers making it an excellent investment or development opportunity. Located in the enterprise Opportunity Zone and eligible for tax incentives. There are 5 distinct income producing suites: one restaurant/bar, 3 shops and 1 office space. Four separate structures surround the sunny courtyard all with beautiful historic details such as Danish yellow brick and gingerbread trim. Endless opportunities abound to increase revenue at the complex.
Rent Roll and lease info available for pre-qualified buyers.
New 30 KW Diesel Generator.

PROPERTY FEATURES

LOCATION INFORMATION


Island: St. Croix
Quarter: Frederiksted
Baths: 2
Directions:

On Strand Street on the waterfront of Frederiksted between Molly's and Sterisil

INTERIOR FEATURES


Furnished: Partial
Security Features: Grillwork
Amenities: Restaurant, Storage, Wharf, High Traffic, Historic Bldg, Shops, Storefront

EXTERIOR FEATURES


Pool: No
View: Harbor, Sea, Town, Water
Waterfront: Yes
Building Area: 7,492

ADDITIONAL INFORMATION


Property Subtype: 2-4 Multi Units
Lot Size (Acres): 0.17
Stamp Tax: Paid by Buyer
Zoning: B-1
Construction Materials: Stone, Wood Frame

LISTING AGENT

Honnie
Edwards
List Office Name: Calabash Real Estate

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    This Commercial Sale property is located in Strand Street FR and has been listed on Blue Sky Real Estate. This property consists of 0.17 acres and has a listing price of $1,300,000.

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