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50 et al Strand Street Ch

St. Croix, VI 00820
  • $895,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 24-1360
UPDATED: 45 min ago
$895,000
  • 6
    BEDS
  • 0.5
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,043
    SQFT
  • $438
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954

School Ratings & Info

Description

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.

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© 2024 St. Thomas Board of Realtors Multiple Listing Service & St. Croix Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information displayed on this website for listings other than those of the website owner are displayed with permission of the St. Thomas Board of Realtors Multiple Listing Service (MLS). Real estate listings held by brokerage firms other than the owner of this website are marked with the words “Broker Reciprocity" or logo. This website may not display the entire St. Thomas Board of Realtors MLS active database, as some owner(s) of records may not have given permission for their listings to be displayed. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Data last updated: 2024-12-11T19:15:39.577.
www.buystcroix.com/homes/153313741
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50 et al Strand Street Ch St. Croix, VI 00820

  • Price: $895,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 45 min ago
  • MLS #: 24-1360
6
Beds
2
Baths
0
½ Baths
0.5
Acres
2,043
SQFT
$438
$/SQFT
1954
Built
Neighborhood:
Christiansted
Area:
Christiansted
Property Description
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.
Exterior Features

Construction Concrete Block Terrain Corner Lot View Neighborhood Water Front No

Property Features

Furnished No Pool No Restrictions Of Record Sub Type 2 - 4 Multi Units Tax Year 2024 Taxes 822.57 Under Construction Percent Complete 80.00 Unit Info Number Parking 12.00 Zoning R-3

Listing information © 2024 St. Thomas Board of Realtors MLS & St. Croix Board of Realtors MLS.
Listing provided by Calabash Real Estate: (340) 718-5285.


© 2024 St. Thomas Board of Realtors Multiple Listing Service & St. Croix Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information displayed on this website for listings other than those of the website owner are displayed with permission of the St. Thomas Board of Realtors Multiple Listing Service (MLS). Real estate listings held by brokerage firms other than the owner of this website are marked with the words “Broker Reciprocity" or logo. This website may not display the entire St. Thomas Board of Realtors MLS active database, as some owner(s) of records may not have given permission for their listings to be displayed. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Data last updated: 2024-12-11T19:15:39.577.
 
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Hanley Team | Farchette & Hanley Real Estate
5063 Gallows Bay
Christiansted VI, 00820