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50 Et Al Strand Street Ch

Christiansted, St. Croix, 00820
$390,000
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
    • Restrictions: Of Record
    • Zoning: R-3
  • Fees and Taxes
    • Tax Year: 2024
    • Taxes: 822.57

Listing courtesy of Calabash Real Estate, (340) 718-5285.

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About this area
Christiansted St. Croix Real Estate Guide

Christiansted, St Croix is a historic, energetic town with many real estate options, such as homes, condos, and rental properties available, as well as commercial properties for sale that features historic Danish architecture. It’s home to not only the government but also many of St. Croix’s historic landmarks. As a future Christiansted resident,...

Price Range: $390,000 - $9,500,000

Map

50 Et Al Strand Street Ch, Christiansted St. Croix, 00820

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50 Et Al Strand Street Ch

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