Caribbean MLSReal Estate

21 Anna's Fancy Kps

Not published

The brief

The reason to consider it.

Owner financing is available for this rare opportunity to own a mixed-use, business-zoned investment property with built-in income and serious upside. An active restaurant/bar tenant is already in place, complete with kitchen, storage space, and a comfortable outdoor deck area for customers and tenants alike. Beyond that, there are 4 vacant studio units ready to be occupied. Additionally, a partially unfinished side features 4 additional rooms, a shared kitchen, and a shared laundry area – very easy to renovate and multiply your rental income. As a sweetener, the seller is including a 0.63-acre vacant lot in Frenchman’s Bay – a second asset at no extra cost. With seller financing on the table, this deal is built for investors ready to move.

Type
Commercial
Land
4,790 ft²
Use
Mixed use
Lettable area
3,531 ft²
Zoning
B-2
Year built
Available on request

What this listing includes

  • Furnished
  • Kitchen
  • Restaurant or bar
  • Storage
  • Parking
  • On-site security
  • Gated community

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