50 et al Strand Street CH, 50 et al, St. Croix, (MLS# 24-1375)

$300,000
50 et al Strand Street CH, 50 et al
St. Croix,
MLS# 24-1375
Status: Closed
6 beds  |  2 baths  |  2043 sqft
 | 
3 Parcels near waterfront
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3 Parcels near waterfront All three parcels shown- with 3 structures to be redeveloped Plot 1CB with 2 story structure Plot 1CC with two structures; one 2 bed, 1 bath Plot 50 Strand St with 12 space income producing parking lot Soon to be open 12 space parking facility using cloud based software Just steps away from the Boardwalk to restaurants, hotels and bars 50 et al Strand Street CH, 50 et al, St. Croix, 50 et al Strand Street CH, 50 et al, St. Croix, Soon to launch parking lot The future parking lot from the ground And from above Two structures on Plot 1CC - ripe for redevelopment 819 sq ft - designed as 2 bed, 1 bath structure Gallery on 2 bed structure Harbor view from the 2 bed structure Plot 1CC - 2nd structure Plot 1CB - 2 story structure Just under 2,000 square feet 50 et al Strand Street CH, 50 et al, St. Croix, The beautiful Christiansted boardwalk 50 et al Strand Street CH, 50 et al, St. Croix, 50 et al Strand Street CH, 50 et al, St. Croix, 50 et al Strand Street CH, 50 et al, St. Croix, 50 et al Strand Street CH, 50 et al, St. Croix, Hotel on the Cay in the distance

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.

Details
Maps
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.
General Property Description
Sold Price: $300,000
Realtor.COM Type: Commercial
Lot Acres: 0.5
Total Bedrooms: 6
Total Bathrooms: 2
Sub Type: 2-4 Multi Units
Taxes: 822.57
Tax Year: 2024
Year Built: 1954
Furnished: No
Water Front: No
Pool: No
Zoning: R-3
Stamp Tax: Paid by Buyer
Contract Information
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
Intended Use: Primary
Concessions: No
ListingSelling Member Info
Approx Total Property SqFt: 2043
Miscellaneous
PWD#: D9-6734-C021
Property Features
View: Neighborhood
Construction: Concrete Block

Listing Office: Calabash Real Estate

Office Phone: 340-718-5285

Information deemed reliable but not guaranteed.

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