$895,000

MLS Status:

Active

MLS #

24-1375
Beds: 6
Baths: 2
Type: Commercial Sale
Square Feet: 2043

ABOUT THIS PROPERTY

3 parcels, zoned R-3, steps from the seaplane, boardwalk, hotels, shopping and nightlife of historic Downtown Christiansted. Located in the Enterprise Opportunity Zone with lucrative tax incentives available. These three adjacent lots have amazing development potential. Income producing from the moment your purchase closes, as one of the parcels is a 12-space cloud-based parking lot, weeks away from being operational. R-3 zoning allows for 24 -unit redevelopment density with up to SIX stories and many uses including: hotel, retail or restaurant. The current owner is an architect who has envisioned and drafted various concept design renderings for executing the perfect income producing venue for this area of Christiansted that is being actively redeveloped.

PROPERTY FEATURES

LOCATION INFORMATION


Island: St. Croix
Quarter: Christiansted
Beds: 6
Baths: 2
Directions:

Drive into Christiansted town onto North Street and turn left at King Cross Street.

INTERIOR FEATURES


Furnished: No

EXTERIOR FEATURES


Pool: No
View: Neighborhood
Waterfront: No
Building Area: 2,043

ADDITIONAL INFORMATION


Property Subtype: 2-4 Multi Units
Lot Size (Acres): 0.5
Stamp Tax: Paid by Buyer
Zoning: R-3
Construction Materials: Concrete Block

LISTING AGENT

Rhea
Abramson
List Office Name: Calabash Real Estate

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    This Commercial Sale property is located in Strand Street CH and has been listed on Blue Sky Real Estate. This property consists of 0.5 acres and has a listing price of $895,000. The property has 6 bedrooms and 2 bathrooms.

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