2 Bedroom Commercial Property for sale
Available on request
46 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This is an outstanding investment opportunity in the heart of St. Thomas!
+/- 10,000 sq ft building, located in a Federal Opportunity Zone, the mezzanine includes two one-bedroom apartments (2nd floor) for additional income. Adjacent to Schneider Regional Hospital and near the Virgin Islands Daily News and Foothills Professional Building, this property is perfect for medical professionals, flex space, investors, or developers.
It was originally a warehouse (with a loading bay), however transformed into state-of-the-art dialysis clinic in 2014. The sale is for the real estate and building only, not the business. It will include a high-tech medical R/O water treatment lab. The property is hard wired for a generator (which has been relocated).
Last confirmed
- Type
- Commercial
- Land
- 4,198 ft²
- Use
- Medical
- Lettable area
- 10,000 ft²
- Year built
- Available on request
What this listing includes
- Parking
- Air conditioning
- Backup generator
- Water storage
- Laundry
- Conference room
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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