72, St. Thomas, 00802 (MLS# 15-2034)

72, St. Thomas, 00802

$2,000,000

Property Type: Commercial Lot Size (sq. ft.): 21,344 Status: Closed

Current Price: $2,000,000 List Date: 11/17/2015 Last Modified: 2/27/2020

Overview

Description

Great investment property! NET INCOME PAYS back investment in (+/-) 8 YEARS ! This Historical building has been totally remodeled (Class A). There is approximately 11,000 net leasable sq ft on 2 floors (almost fully leased) There are 12-14 gated parking spaces and a gated secure side entrance to all of the spaces except for the front (waterfront). All of the spaces are individually metered for water and electricity (tenants pay their own utilities

Supplements: If you are an investor looking for high rate of return upon income property, look no further. This is the Highest Cap rate available on market. Please inquire.

Listing Details MLS# 15-2034

LocationArea

Postal Code: 00802
Directions: Waterfront. Near old Vitelco. Next to Dry Cleaners

General Property Description

Realtor.COM Type: Commercial
Lot Acres: 0.49
Taxes: 6485.87
Tax Year: 2013
Water Front: Yes
Zoning: B-1
Stamp Tax: Paid by Buyer

Contract Information

Under Contract Date: 2019-09-20
Begin Date: 2015-11-10
Sold Date: 2020-02-21
Intended Use: Other

Not Currently Used

Apt/Unit #: 5

Miscellaneous

Air Conditioning: Central
PWD#: D9-1862-T81
Separate Meters: Yes
Street Front: Yes

View

Waterfront: Cliff
Harbor: Yes
Ocean: Yes
Sea: Yes

More Information

Parking

Parking: Yes
# of Spaces: 12-14 gated
Off Street: Yes

Unit 1 Info

Rent: 5,745. /mo
Remarks: Empty

Unit 2 Info

Rent: 1,795.00/mo
Remarks: leased

Unit 3 Info

Rent: 3,010.00/mo
Remarks: leased

Unit 4 Info

Remarks: leased

Unit 5

Remarks: leased

Location/Area

Plot/Unit Number: 72
Island: St. Thomas
Quarter: Kronprindsens

Listing/Selling Member Info

Approx Int Sqft: 11000

Property Features

View: Harbor; Ocean; Sea Parking: Off Street

Listing Office: Christie's International Real Estate USVI

Information deemed reliable but not guaranteed.