Caribbean MLSReal Estate

Mixed-use commercial building with 5 income suites in Frederiksted

Available on request

The brief

The reason to consider it.

200 feet from the cruise ship port, this historic Danish colonial urban complex sits at the water’s edge in the heart of Frederiksted, Saint Croix. Built in 1900, the property comprises four separate structures around a sunny courtyard and retains original Danish yellow brick and gingerbread trim. The complex is located in an Opportunity Zone and is eligible for tax incentives.

The property is income-producing with five distinct suites: one restaurant/bar, three retail shops and one office. Zoning is B-1 and the site is listed with restrictions. The listing reports partial furnishing and confirms waterfront location.

  • Approx. building area: 7,492 sq ft (approx. 696 m²)
  • Lot size: 0.17 acres (approx. 688 m²)
  • Year built: 1900
  • Income suites: 5 (1 restaurant/bar, 3 shops, 1 office)
  • Zoning: B-1
  • Tax year 2024: 1,654.23 (as reported)
Year built
1900
Type
Commercial
Land
7,406 ft²

What this listing includes

  • Furnished
  • Restaurant or bar

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