Caribbean MLSReal Estate

261 Cotton Valley Eb

Not published

The brief

The reason to consider it.

Large 2-story commercial building with 4500 sq ft upstairs and 3000 sq. ft below being used as storage. The property is located on 2.74 acres with 260 feet of road frontage on East End Road.

It features two cisterns totaling 24,000 gallons and offers plenty of room for expansion.

This property is currently leased.

Last confirmed

Year built
2008
Type
Commercial
Land
119,350 ft²
Use
Mixed use
Lettable area
44,993 ft²
Zoning
B-4

What this listing includes

  • Storage
  • Water storage
  • 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

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