Commercial Complex
Not published
19 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
- Year built
- 1900
- Type
- Commercial
- Land
- 7,502 ft²
- Use
- Mixed use
- Lettable area
- 4,747 ft²
- Tenants
- 5
- Lease
- Triple net (NNN)
- Zoning
- B-1
What this listing includes
- Parking
- Restaurant or bar
- Furnished
- Ocean view
The reason to consider it.
This historic Danish colonial urban complex, built in 1900, is situated in the thriving heart of Frederiksted town at the water’s edge. It is located just 200 feet from the cruise ship port.
The complex features seven arches made of Danish brick, symbolizing the seven flags that have flown over the Virgin Islands. With a constant flow of traffic from local residents, divers, and cruise ship passengers, it presents an excellent investment or development opportunity.
Located within the Enterprise Opportunity Zone, the property is eligible for tax incentives. It comprises 5 distinct income-producing suites: one restaurant/bar, 3 shops, and 1 office space. The four separate structures surround a sunny courtyard, all adorned with beautiful historic details such as Danish yellow brick and gingerbread trim. There are endless opportunities to increase revenue at this complex.
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
