RedSunSetRealty

3 & 4 Granard CO, St. Croix, 00820

$2,900,000
Property Type: Commercial Bedrooms: 9 Baths: 9 Square Footage: 13,500 Lot Size (sq. ft.): 464,785 Status: Closed
Current Price: $2,900,000 List Date: 7/11/2023 Last Modified: 2/15/2024

Overview

Description

Rare opportunity on St. Croix to own a functioning beachfront income property with 9 units, a tiki bar, and a fabulous & large oceanside veranda with space for a restaurant kitchen. The property is conveniently located mid-island along the south shore and consists of 10+ acres zoned for hotel/condo development, featuring 500 feet of sandy beachfront on a mile of undeveloped beach! The topography is easily buildable and with enough elevation to enable beautiful sea views from all areas of the property. Ongoing improvements are enhancing an already attractive destination and business, yet many exciting expansion options remain for you to create greater revenues and value, from an exquisite restaurant to real estate development and more!

Supplements: Located on the South Shore of St Croix in the US Virgin Islands, on a mile-long public, undeveloped beach, sits a massively built 10,000 sq. ft. two story building, situated less than 100 feet from the beach and elevated 30 feet above sea level. A covered and arched 1600 sq. ft veranda runs the full length of the ocean-side of the building, with s ...

Listing Details MLS# 19-1802

LocationArea

Estate
Granard CO
Postal Code
00820
Directions
From Christiansted, go through Catherine's Rest to the end of Granard road. Go straight across South Shore road onto the dirt road. Continue and go thru the gate to the left (it's not locked - electric gate coming soon). Buildings at the end of the road.

General Property Description

Realtor.COM Type
Commercial
Lot Acres
10.67
Approx. Sq Ft
13500
Total Bedrooms
9
Total Bathrooms
9
Sub Type
2-4 Multi Units
Taxes
2771.34
Tax Year
2019
Year Built
1937
Furnished
Partial
Water Front
Yes
Pool
No
Zoning
R-3
Stamp Tax
Select One

Contract Information

Under Contract Date
2024-01-09
Begin Date
2019-11-13
Sold Date
2024-02-15
Intended Use
Other

ListingSelling Member Info

Approx Total Property SqFt
13500

Miscellaneous

Air Conditioning
Split
PWD Dt
7/25/51 6/29/63
PWD#
251, 1424
Separate Meters
Yes

View

Waterfront
Sandy Beach
Ocean
Yes
South Shore
Yes
Water
Yes

More Information

Amenities

Approx. Cistern Size
25000
Living Qtr on Site
Yes
Storage
Yes

Listing Info

Sign
No

Location/Area

Plot/Unit Number
3 & 4
Island
St. Croix
Quarter
Company
City
Christiansted

Listing/Selling Member Info

Approx Ext Sqft
2000
Approx Int Sqft
11500

Construction

Concrete Block
Yes

Flooring

Tile
Yes

Parking

Off Street
Yes

Sale Includes

Land/Bldg & Bus
Yes

Security

Gate
Yes

Roof

Fluid Applied
Yes

Water

Cistern
Yes
Reverse Osmosis
Yes

Sewer

Septic
Yes

Property Features

Sale Includes: Land/Bldg & Bus View: Ocean; South Shore; Water Amenities: Living Qtr on Site; Storage Flooring: Tile Security: Gate Construction: Concrete Block Roof: Fluid Applied Water: Cistern; Reverse Osmosis Sewer: Septic Parking: Off Street
Listing Office: Sea Glass Properties St Croix
Information deemed reliable but not guaranteed.