12aa Hospital Street Ch, Christiansted, US Virgin Islands
Not published
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This two-story multi-unit building in Charming Gallows Bay offers an incredible investment opportunity, situated just one block from the bayside in the heart of Christiansted.
The ground floor features a fully renovated, grandfathered-in restaurant space. The upper level boasts a spacious, upgraded one-bedroom apartment with two entrances, a large kitchen, and thoughtful modern updates. This apartment was previously configured as two studio apartments and can easily be converted back to suit various residential or rental needs.
The property has been updated with modern plumbing and electrical systems, a brand-new roof, fresh paint, and new flooring, making it move-in ready for both residential and restaurant tenants.
Last confirmed
- Year built
- 1980
- Type
- Commercial
- Land
- 1,744 ft²
- Use
- Mixed use
- Lettable area
- 1,744 ft²
- Parking
- 0
- Zoning
- R-4
What this listing includes
- Restaurant or bar
- Furnished
- Kitchen
- Parking
What people say about US Virgin Islands
Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.
- Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
- Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
- Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
- Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying
The asking price is not what it costs.
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