Caribbean MLSReal Estate

Commercial Property for sale — 1b Demarara Kps, St. Thomas, VI

Available on request

The brief

The reason to consider it.

These are 4 double-wide trailers, approximately 1,220 sq ft each. Each unit includes 1 bathroom and a small kitchenette. CAM charges are additional to rent.

Features include a generator on premises, WIFI ready, garbage pick up, and an electronic gate. There are 4 parking spots per trailer, with additional parking available across the parking area (possibly for trucks or other equipment for an additional charge). Cameras are installed on the premises. Generator fuel will be split between the units using the generator.

Last confirmed

Type
Commercial
Land
5,307 ft²
Use
Mixed use
Lettable area
4,865 ft²
Tenants
4
Parking
16
Year built
Available on request

What this listing includes

  • Parking
  • On-site security
  • Wi-Fi
  • Backup generator

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