37-40 Concordia WE, Frederiksted, St. Croix 00840

$3,700,000
2
BA
List Price
$3,700,000
MLS#
22-1251
Status
ACTIVE
Type
Commercial
Year Built
1967
Acres
0.72
County
West End
Island
St. Croix

Property Description

Endless possibilities for this huge structure on St Croix's main commercial thoroughfare. The property consists of a 14,734 SF concrete structure with 3 floors and a 4,800 SF steel frame structure and two 0.18 plots for parking. In all, 4 plots are included in the sale. Also included is the thriving grocery store business and inventory. It's a mainstay for the surrounding area and a real money maker. Additional income could be garnered if the new owners included alcohol in their inventory. The second and third floor of the concrete structure are open plan and almost complete, so allow for a flexible floorplan. Possibilities include a nightclub, apartments or gym. The steel frame structure would be ideal for storage of large vehicles, equipment or a car shop.

Additional Information

Unexempt Taxes
$3,403

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Calculator source: Real Geeks

Listing courtesy of US Virgin Islands Sotheby's International, St. Croix.