56 & 56A King Street CH
56 & 56A King Street CH St Croix, Virgin Islands 00820 United States Virgin Islands

$6,500,000
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Coldwell Banker St.Croix Realty - GB

Listing Courtesy of Coldwell Banker St.Croix Realty - GB
$6,500,000
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.31 Acres
Acreage
Commercial
Property type
201707
Web Id
201707
MLS ID
9
days ago

About 56 & 56A King Street CH

Great opportunity to own one of St. Croix's finest investment properties in downtown Christiansted and located within the opportunity zone. Hamilton House is a grade A commercial building with a solid rental history. 33,000+ square feet of well laid out office and retail spaces over four floors with numerous options for dividing the spaces to maximize their full rental potential. Hurricane resistant windows and a new roof was installed in 2017. A newly installed elevator system provides access to all floors in the building and should the power go out, the property has two fully automatic Onan generators (350K and 100K). Currently operating at 8% Cap rate with 11.5% at full occupancy! Owner financing available 50% down over 5 years.

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PROPERTY INFORMATION

Amenities
Corner Building, High Traffic, Historic Bldg
Cooling
Yes
View
Ocean, Town, Water
Waterfront
No

EXTERIOR

Construction
Concrete Block
56 & 56A King Street CH, St Croix, Virgin Islands 00820 United States Virgin Islands is a Commercial for Sale for $6,500,000. Was built in , has on a lot of .31 Acres and it's composed from Bedrooms, full baths

 

Listing Courtesy of Coldwell Banker St.Croix Realty - GB