RedSunSetRealty

56 & 56A King Street CH, St. Croix, 00820

$7,740,000
Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $7,740,000 List Date: 5/27/2021 Last Modified: 1/19/2022

Description

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). Owner financing available 50% down over 5 years.

More Information MLS# 21-830

LocationArea

Estate: King Street CH Postal Code: 00820 Geo Lat: 17.746159 Geo Lon: -64.703925 Directions: Located across from the Government House

General Property Description

Sold Price: $7,740,000 Realtor.COM Type: Commercial Lot Acres: 0.31 Approx. Sq Ft: 33052 Total Bathrooms: 1 Baths - Half: 14 Taxes: 15219.08 Tax Year: 2020 Furnished: No Water Front: No Pool: No Zoning: C Stamp Tax: Negotiable

Contract Information

Status: Closed Under Contract Date: 2021-09-28 Current Price: $7,740,000 Begin Date: 2021-05-21 Sold Date: 2022-01-12 Sold Price: $7,740,000 Intended Use: Other

Miscellaneous

Air Conditioning: Yes PWD Dt: 1/21/72 PWD#: 1413-A Separate Meters: Yes Street Front: Yes

Property Features

Sale Includes: Land & Building View: Ocean; Town; Water Amenities: Corner Building; High Traffic; Historic Bldg Security: Alarm Construction: Concrete Block Roof: Galvanized
Listing Office: Sea Glass Properties St Croix
Information deemed reliable but not guaranteed.