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22 Gamble Nordsidevej KPS
$2,700,000
24 Beds ⋅ 25 Baths ⋅ 26-1451 MLS
TURNKEY DOWNTOWN INCOME PROPERTY - 24 UNITS PLUS TWO COMMERCIAL TENANTS Newly renovated, this mixed use building sits two blocks from historic Market Square and the waterfront. The upper two floors offer 24 residential studio units with en suite bath, plus a dedicated office space for management. The ground floor is already producing: a long-operating laundromat leased at $1,800 per month and a convenience store at $2,000 per month. Located within the Historic District and situated in both the Enterprise Zone and a federal Opportunity Zone, offering meaningful tax advantages to qualified investors. Sale includes a lease on the adjacent lot, which can be used for tenant parking - a rare amenity downtown. Imagine the possibilities!

22 Gamble Nordsidevej KPS
2 Careening Hole KI
$2,300,000
24-1424 MLS
Rare opportunity to own waterfront commercial land between Frenchtown and Subbase Port on St. Thomas, U.S. Virgin Islands. Land is zoned R-3 and qualifies for hotel, condominium, or mulit-family residential development. Views extend out into St. Thomas's harbor, Hassel Island and Water Island. HOTEL DEVELOPMENT ACT The Hotel Development Act (HDA) Program offers an opportunity for investors and developers keen on the hospitality sector, in the US Virgin Islands. This initiative aims to support the growth and progress of the hotel sector an element of the region's tourism-driven economy. The program provides benefits, to qualified projects, which include; -Support for Development: The program assists in the creation, building, reconstruction, and refurbishment of both existing hotel facilities. -Hotel Room Occupancy Tax (HROT) Advantages: New hotels are eligible to benefit from utilizing 100% of the HROT while existing hotels can make use of up to 50% of HROT if 70% of their units were previously damaged, such as by hurricanes. -Economic Recovery Fee (ERF): A fee known as ERF is imposed to cover expenses related to renovating, constructing, and developing hotel properties. The ERF amount is determined as the difference between the HROT rate (12.5%) and an additional rate not exceeding 7.5% chosen by the applicant. -ERF Trust Account: ERF funds can be collected over a 30 year period and deposited into a trust account designated for ERF purposes and are accessible for applicants submitting their applications before December 31st, 2028. -Flexible Fund Utilization: Any remaining funds after project completion can be utilized by developers for enhancements or improvements to the project funded by ERF.

2 Careening Hole KI
11 Honduras SS
$1,600,000
4 Beds ⋅ 5 Baths ⋅ 26-1149 MLS
This could be the finest opportunity to own in Frenchtown!!! The package includes a restaurant fully equipped and ready for business, (formerly Taco Chelles), along with four very large residential studio apartments fully furnished and beautifully finished, AND five separate parking spaces on a separate lot, to accommodate any tenants (68 Altona & Welgunst)!!! Excellent location for breakfast lunch and dinner with city parking, water service and sewer. Four residential rentals are really nicely done and can accommodate workers at the restaurant or be an additional source of income as short term AirB&B's!!! All five unit are separately metered for water & electricity and a 60KW generator can run them all in the event of a power outage!! This is what you ave been looking for!!!

11 Honduras SS

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