Caribbean MLSReal Estate

Mixed-use commercial property in Christiansted, St. Croix

Available on request

The brief

The reason to consider it.

Iconic block in downtown Christiansted fully restored in 2016 by J. Benton Construction. The complex comprises four commercial storefronts, including a notable restaurant, and a separate West Indian cottage. All units are separately metered and the property is 100% occupied.

Located next to the public vegetable market with additional public parking nearby, the property includes two private parking spaces and a 150 kW diesel generator that supplies backup power to the entire complex.

  • Total area: 8,200 sq ft (762 m²); interior approx 6,400 sq ft (594 m²)
  • Lot size: 0.25 acres (1,012 m²)
  • Configuration: four commercial storefronts and one West Indian cottage (1 BR, 3 BA); 100% occupied
  • Amenities: two private parking spaces; 150 kW diesel generator; separately metered units
  • Year built: 1931; restored 2016
  • Zoning: B-1; 2024 taxes USD 5,481.44
Year built
1931
Type
Commercial
Land
10,893 ft²

What this listing includes

  • Backup generator
  • Parking
  • 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