$1,089,000
St. Croix,
MLS# 24-796
2 baths | 5200 sqft
1 / 17
Property Description
An exceptional investment opportunity in the US Virgin Islands! Sweet Lime Furnishings is a profitable business that offers high end furnishings tailored to the Caribbean climate. Backed by thousands of loyal customers and long-standing relationships with vendors in South Asia and the USA, it stands out with unparalleled design and quality. With substantial growth potential in the neighboring islands and the recent addition of an online Shopify system, the business can be expanded substantially. The property includes a centrally located 5200 sq ft. warehouse with a 3000 sq. ft. mezzanine. Virtual renderings show what a combined storage space with a storefront could look like if you choose to put it all in one location. The business can be purchased as a stand alone transaction.
Details
Documents
Location/Area
Plot/Unit Number: 13
Island: St. Croix
Estate: Pearl QU
Postal Code: 00820
Quarter: Queen
Geo Lat: 17.721178
Geo Lon: -64.734232
Directions: Take Queen Mary Highway heading out of Christiansted, make a left towards Peter's Rest after the gas station, pass H & H and the property is on the right. 13 Estate Pearl is third building over intersection on the right.
General Property Description
List Price: $1,089,000
Realtor.COM Type: Commercial
Lot Acres: 0.5
Approx. Sq Ft: 5200
Total Bathrooms: 2
Taxes: 1283.36
Tax Year: 2023
Year Built: 1966
Furnished: No
Water Front: No
Pool: No
Zoning: I-2
Stamp Tax: Paid by Seller
Contract Information
Status: Active
Current Price: $1,089,000
Begin Date: 2024-04-27
Listing/Selling Member Info
Approx Total Property SqFt: 5200
Approx Int Sqft: 5200
Miscellaneous
PWD#: 2801
Business Opportunity
Business Name: Sweet Lime Furnishings
Business Type: Furnishings and home
Inventory Included: yes
Value of Inventory: 200000
Established: 2003
Property Features
Sale Includes: Land/Bldg & Bus
Amenities: Alternative Energy; Fence
Supplements
Sellers are currently using the showroom at their home, which is zoned for business use. The property currently used is also for sale and is listed at $2,149,000 (MLS#24-791)
Sweet Lime Furnishings is a recognized brand on St. Croix and the business could be put in any new location and do well. Use the warehouse for storage and find a new place for your showroom or build out the warehouse to include a showroom.
The warehouse is located in a great location: just a minute's drive from one of the busiest intersections on St. Croix and is easily accessible. It is a solid construction of concrete block and steel. The warehouse is 5200 sq. ft. with approximately 3000 sq. ft. of mezzanine space that could easily be expanded. Three bays makes it easy for loading and unloading furniture. It has ample space for parking or expansion and two cisterns for water collection.
The warehouse runs on solar and the building has battery backup for emergency power.
The business was established in 2003 and Sellers have built up solid relationships with vendors and customers of all sizes. This business has the ability to grow substantially depending on the vision of the new owner's vision. Included in the purchase price is approximately $200,000 worth of inventory.
Warehouse location 
Listing Office: Sea Glass Properties St Croix
Information deemed reliable but not guaranteed.
Wednesday 1st of May 2024 04:59 AM