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3,4 Strand Strand Street FR, 3,4 Strand, St. Croix,

$1,400,000
Property Type: Commercial Baths: 2 Square Footage: 7,492 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $1,400,000 List Date: 4/24/2024 Last Modified: 5/03/2024

Description

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.

Supplements: Endless opportunities abound to increase revenue at the complex. Rent Roll and lease info available for pre-qualified buyers. New 30 KW Diesel Generator.

More Information MLS# 24-760

Location/Area

Plot/Unit Number: 3,4 Strand Island: St. Croix Estate: Strand Street FR Postal Code: 00840 Quarter: Frederiksted Geo Lat: 17.713158 Geo Lon: -64.883337 Directions: On Strand Street on the waterfront of Frederiksted between Molly's and Sterisil

General Property Description

List Price: $1,400,000 Realtor.COM Type: Commercial Lot Acres: 0.17 Approx. Sq Ft: 7492 Total Bathrooms: 2 Sub Type: 2-4 Multi Units Taxes: 1654.23 Tax Year: 2024 Year Built: 1900 Furnished: Partial Water Front: Yes Pool: No Zoning: B-1 Stamp Tax: Paid by Buyer

Contract Information

Status: Active Current Price: $1,400,000 Begin Date: 2024-04-24

Listing/Selling Member Info

Approx Total Property SqFt: 7492 Approx Ext Sqft: 2741 Approx Int Sqft: 4751

Miscellaneous

Air Conditioning: Split Map Date: 2002-02-07 PWD Dt: 02/07/2002 PWD#: 5308 Separate Meters: Yes Street Front: Yes

View

Waterfront: Rock Other: Cruise Ship Port

Listing Info

Sign: Yes

Property Features

Sale Includes: Land & Building View: Harbor; Sea; Town; Water Amenities: High Traffic; Historic Bldg; Restaurant; Shops; Storage; Storefront; Wharf Flooring: Clay Tile; Tile Security: Grillwork Construction: Stone; Wood Frame Roof: Galvanized Parking: Off Street
Listing Office: Calabash Real Estate
Office Phone: 340-718-5285

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.