New Listing Commercial Whim Two Will WE
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
New construction commercial complex on 3 acres in Whim Estate, St. Croix, US Virgin Islands. Features two 2-story buildings totaling over 28,000 sq ft of interior space, excellent visibility, convenient access, ample parking, and many existing improvements. Opportunity for investors, business owners, or developers to customize the space. Improvements needed.
- Year built
- 1972
- Type
- Commercial
- Land
- 133,063 ft²
- Use
- Office
- Lettable area
- 301,389 ft²
- Net yield
- 5.5%
- Occupancy
- 92%
- Tenants
- 3
- Parking
- 50
- Ceiling height
- 3.5 m
- Zoning
- C-2
- Interior
- Available on request
What this listing includes
- Pool
- Fitness centre
- 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
Cost of entry
The asking price is not what it costs.
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