Commercial Property for sale in St. Thomas, VI
Available on request
80 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
MULTI USE PROPERTY in Smith Bay!! Zoned R-3, This property has multi living residential buildings, some commercial uses and a small manufacturing facility. All on one acre. There are 19 separate residential rental units with 23 bedroom & 21 bathrooms, two restaurant spaces and one bar. The owner also makes and sells cistern covers and sundry concrete products along with a screen repair business in a metal quonset hut and shed on a small piece of the property.
- Type
- Commercial
- Land
- 3,918 ft²
- Use
- Mixed use
- Lettable area
- 8,611 ft²
- Zoning
- R-3
- Year built
- Available on request
What this listing includes
- Parking
- Restaurant or bar
- Kitchen
- 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
The asking price is not what it costs.
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