Caribbean MLSReal Estate

Commercial Space for Lease, Barren Spot, St. Croix

Not published

The brief

The reason to consider it.

Over 6000 sq ft of commercial space available, located upstairs from the laundromat. The property features its own well and ample parking. Long-term leases are welcome.

Type
Commercial
Land
43,562 ft²
Use
Retail
Lettable area
5,995 ft²
Lease
Triple net (NNN)
Zoning
C
Year built
Available on request

What this listing includes

  • Parking
  • Water storage

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