Caribbean MLSReal Estate

Commercial Warehouse for Sale in St. Thomas

Not published

The brief

The reason to consider it.

Great warehouse space located right across the airport. This warehouse can be extended with an additional 2,500 SF that is currently sectioned off. WAPA and insurance are not included.

Features

  • Flooring: Concrete
  • Construction: Steel Frame
  • Zoning: C
  • Leasehold: Yes

Last confirmed

Year built
1900
Type
Commercial
Land
43,562 ft²
Use
Warehouse
Lettable area
2,400 ft²
Zoning
C

What this listing includes

  • 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

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