50 et al Strand Street CH, St. Croix, 00820
$300,000
Property Type:
Commercial
Bedrooms:
6
Baths:
2
Square Footage:
2,043
Lot Size (sq. ft.):
21,780
Status:
Closed
Current Price:
$300,000
List Date:
8/05/2025
Last Modified:
8/28/2025
Description
3 parcels, zoned R-3, steps from the seaplane, boardwalk, hotels, shopping and nightlife of historic Downtown Christiansted. Located in the Enterprise Opportunity Zone with lucrative tax incentives available. These three adjacent lots have amazing development potential. Income producing from the moment your purchase closes, as one of the parcels is a 12-space cloud-based parking lot, weeks away from being operational. R-3 zoning allows for 24 -unit redevelopment density with up to SIX stories and many uses including: hotel, retail or restaurant. The current owner is an architect who has envisioned and drafted various concept design renderings for executing the perfect income producing venue for this area of Christiansted that is being actively redeveloped.
More Information MLS# 24-1375
Location/Area
Plot/Unit Number: 50 et al
Island: St. Croix
Quarter: Christiansted
General Property Description
Realtor.COM Type: Commercial
Total Bathrooms: 2
Taxes: 822.57
Furnished: No
Tax Year: 2024
Lot Acres: 0.5
Water Front: No
Pool: No
Zoning: R-3
Stamp Tax: Paid by Buyer
Sold Price: $300,000
Total Bedrooms: 6
Sub Type: 2-4 Multi Units
Year Built: 1954
Contract Information
Concessions: No
Intended Use: Primary
Status: Closed
Under Contract Date: 2025-08-11
Current Price: $300,000
Begin Date: 2024-07-30
Sold Date: 2025-08-26
Sold Price: $300,000
Listing/Selling Member Info
Approx Int Sqft: 2425
Miscellaneous
PWD#: D9-6734-C021
View
Neighborhood: 1
Construction
Concrete Block: 1
LocationArea
Estate: Strand Street CH
Postal Code: 00820
Geo Lat: 17.746373
Geo Lon: -64.707339
Directions: Drive into Christiansted town onto North Street and turn left at King Cross Street.
ListingSelling Member Info
Approx Total Property SqFt: 2043
Property Features
View: Neighborhood
Construction: Concrete Block
Listing Office:
Calabash Real Estate
Office Phone: 340-718-5285
Information deemed reliable but not guaranteed.