Caribbean MLSReal Estate

2-4 Multi Units Ch

Not published

The brief

The reason to consider it.

Part of this second floor space has been remodeled into 6 office spaces with reception area, a 20x20 conference room, employee break room and 2 restrooms. Other amenities include an alarm system with camera, smoke detector, a ‘buzz in’ door feature, Fresh Air Induction system, brand new 5-ton central A/C plus 2 mini splits, employee bath with shower, handicap accessible, back-up lighting in every room, LED light fixtures, 3-phase power, and a new wooden deck.

The other part, with some work, will make a perfect small restaurant space or whatever you choose!

Last confirmed

Year built
2008
Type
Commercial
Land
Available on request

What this listing includes

  • Parking
  • Conference room
  • Air conditioning
  • Backup generator
  • Restaurant or bar
  • Kitchen

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

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law