$2,700,000
St. Thomas, 00802
MLS# 26-1451
24 beds | 25 baths
1 / 22
Property Description
TURNKEY DOWNTOWN INCOME PROPERTY - 24 UNITS PLUS TWO COMMERCIAL TENANTS Newly renovated, this mixed use building sits two blocks from historic Market Square and the waterfront. The upper two floors offer 24 residential studio units with en suite bath, plus a dedicated office space for management. The ground floor is already producing: a long-operating laundromat leased at $1,800 per month and a convenience store at $2,000 per month. Located within the Historic District and situated in both the Enterprise Zone and a federal Opportunity Zone, offering meaningful tax advantages to qualified investors. Sale includes a lease on the adjacent lot, which can be used for tenant parking - a rare amenity downtown. Imagine the possibilities!
Details
Location/Area
Plot/Unit Number: 22
Island: St. Thomas
Quarter: Crown Prince
City: St.Thomas
General Property Description
Realtor.COM Type: Commercial
Taxes: 7957.8
Furnished: No
Tax Year: 2026
Lot Acres: 0.08
Water Front: No
Pool: No
Zoning: B-3
Stamp Tax: Negotiable
List Price: $2,700,000
Total Bedrooms: 24
Total Bathrooms: 25
Listing/Selling Member Info
Approx Int Sqft: 9200
Miscellaneous
PWD#: D9-1258-T76
Street Front: Yes
Amenities
Corner Building: 1
View
Neighborhood: 1
Town: 1
Construction
Masonry: 1
Flooring
Tile: 1
Parking
Parking: Yes
Off Street: 1
Parking Remarks: Parking lot lease
Sale Includes
Land & Building: 1
Roof
Fluid Applied: 1
Water
City: 1
LocationArea
Estate: Gamble Nordsidevej KPS
Postal Code: 00802
Geo Lat: 18.342373
Geo Lon: -64.935841
Directions: On Main St, turn at the light by St. Peter & Paul, building is 2 blocks down.
Contract Information
Status: Active
Current Price: $2,700,000
Begin Date: 2026-07-29
Property Features
Sale Includes: Land & Building
View: Neighborhood; Town
Amenities: Corner Building
Flooring: Tile
Construction: Masonry
Roof: Fluid Applied
Parking: Off Street
Listing Office: Real Solutions Real Estate
Information deemed reliable but not guaranteed.