Multi-Use Property in Smith Bay
Available on request
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This property in Smith Bay is zoned R-3 and offers a versatile mix of residential, commercial, and light industrial uses on a single acre.
It features 19 separate residential rental units comprising 23 bedrooms and 21 bathrooms. Additionally, there are two restaurant spaces and one bar.
The property also includes a small manufacturing facility for cistern covers and concrete products, along with a screen repair business operated from a metal quonset hut and shed.
The owner is open to a long-term lease of the entire opportunity, though the intention is to sell.
Zoning: R-3. Restrictions: None Noted. Taxes: $3,560.00 (2024).
Last confirmed
- Type
- Commercial
- Land
- 43,562 ft²
- Use
- Mixed use
- Lettable area
- 10,613 ft²
- Zoning
- R-3
- Year built
- Available on request
What this listing includes
- Furnished
- Restaurant or bar
- Parking
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.
More listings on the same island. Availability is confirmed when you enquire.
