3,4 Strand Strand Street FR, Frederiksted, St. Croix 00840

$1,175,000
2
BA

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List Price
$1,175,000
Status
ACTIVE
Days on Market
909
Price Change
▼ $24,000 1770694375
MLS#
24-760
Subtype
Commercial Sale
Year Built
1900
Bathrooms
2
Lot Size
7,405
Acres
0.17
Neighborhood
St. Croix
MLS Area Major
St. Croix

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

Additional Information

Zoning
B-1
Flooring
Tile, Clay Tile
Roof
Galvanized
View
Harbor, Sea, Town, Water

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Listing courtesy of Calabash Real Estate.