$525,000
6
Beds
2
Baths
1,954
Sqft
Highlights of 50 Et Al Strand Street Ch
- Approx Int Sqft
- 1,954
- MLS #
- 24-1360
- Status
- Active
- Total Approx. SqFt
- 2,043
- Total Bedrooms
- 6
- Year Built
- 1954
- Lot Acres
- 0.50
- Quarter
- Christiansted
- Sub Type
- 2 - 4 Multi Units
- Total Bathrooms
- 2
- Total SqFt
- 2,043
-
Property 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.There is a development plan for residential/hotel units, one for a food/shopping hall and one for offices. Any type of developer will bring their dream to fruition in this high traffic location with water views for both visitors and local patrons.
- Additional Info
- Fees and Taxes
Listing courtesy of Calabash Real Estate, (340) 718-5285.
Map
50 Et Al Strand Street Ch, Christiansted St. Croix, 00820
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50 Et Al Strand Street Ch
