$499,000

MLS Status:

Active

MLS #

26-278
Baths: 3
Type: Commercial Sale

ABOUT THIS PROPERTY

5 King Street is a B-1 zoned single-story historic structure situated on approximately 0.10 acres (4,356 sq ft) in the heart of downtown Christiansted. The property features a courtyard configuration with mixed-use occupancy, currently housing a real estate office and a courtyard restaurant.
This property occupies a rare and highly desirable niche within the historic core: a single-story building on a main thoroughfare, with an interior courtyard, existing commercial income, and the uncommon ability to accommodate on-site parking. Courtyard properties with off-street parking are exceptionally limited in downtown Christiansted, giving this asset a distinct competitive advantage over nearby comparables.
The courtyard offers flexibility of uses. Additionally, the property includes a substantial concrete block storage structure within the courtyard area, providing valuable ancillary utility. Included in this listing under the documents tab are renderings for a studio apartment for above the storage structure.
Located within the USVI Opportunity Zone, the property may offer potential tax-advantaged investment benefits, subject to buyer qualification and applicable regulations.
The property is being sold as-is.

PROPERTY FEATURES

LOCATION INFORMATION


Island: St. Croix
Baths: 3
Directions:

Next door to Bombay

INTERIOR FEATURES


Furnished: Partial
Security Features: []
Water Source: []
Amenities: ["Storefront"]

EXTERIOR FEATURES


View: ["Town"]
Roof: []

ADDITIONAL INFORMATION


Lot Size (Acres): 0.1
Zoning: B-1
Construction Materials: []

LISTING AGENT

Cindy
Devlin
List Office Name: Sea Glass Properties St Croix

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    This Commercial Sale property is located in Christiansted CH and has been listed on Blue Sky Real Estate. This property consists of 0.1 acres and has a listing price of $499,000.

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