56 & 56A King Street CH, St. Croix, 00820 (MLS# 21-830)

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

Overview

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.

Listing Details MLS# 21-830

LocationArea

Estate: King Street CH
Postal Code: 00820
Directions: Located across from the Government House

General Property Description

Realtor.COM Type: Commercial
Lot Acres: 0.31
Approx. Sq Ft: 33052
Total Bathrooms: Yes
Baths - Half: 14
Taxes: 15219.08
Tax Year: 2020
Furnished: No
Water Front: No
Pool: No
Zoning: C
Stamp Tax: Negotiable

Contract Information

Under Contract Date: 2021-09-28
Begin Date: 2021-05-21
Sold Date: 2022-01-12
Intended Use: Other

Miscellaneous

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

More Information

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.