Caribbean MLSReal Estate

4 bedroom Commercial Property for sale

Not published

The brief

The reason to consider it.

Large 1750 sq ft space on street level (3 doors) ready for build out. Two apartments upstairs, semi-finished.

Last confirmed

Year built
1963
Type
Commercial
Land
38,750 ft²
Use
Mixed use
Lettable area
3,595 ft²

What this listing includes

  • Parking
  • Laundry

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