Water Views - Eco Friendly
Address
5-a Strand Street Fr, Frederiksted, VI
Price
$ 3,199,000
Property Attributes
  • MLS#25406
  • TypeSingle Family
  • Listing Status Active
  • CountySAINT CROIX
  • CityFrederiksted
  • AreaSt. Croix
  • NeighborhoodStrand Street FR
  • Zip00840
  • StyleCommercial Sale
  • Year Built1961
  • Taxes$ 5385
  • Price$ 3,199,000
  • Bedrooms1
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage7500
  • Lot Size0.14 Acres
Data Source:
US Virgin Islands MLS (USVIMLS)
Property Description

Located on the waterfront in historic Frederiksted, this versatile property offers prime commercial potential and comes with solar and a large generator. Fully renovated, the upper level features modern office spaces and an apartment, all complemented by a charming wraparound gallery with stunning views of the Caribbean Sea. Below, an updated space currently operates as a laboratory, with an adjacent expansive and high-ceilinged area ideal for retail, restaurant, or hospitality use. Positioned along the vibrant Strand Street, this property presents endless possibilities, from boutique hotel conversion to a dynamic mixed-use space, all within walking distance to beaches, restaurants, and the iconic Frederiksted Pier. The US Virgin Islands offers advantageous tax benefits to US companies. This exceptional commercial property in the heart of historic Frederiksted presents a rare opportunity to own a versatile, energy-efficient space in a prime waterfront location. Designed to accommodate a variety of business ventures, this building offers high-end office spaces, a modern laboratory, and expansive open commercial areas with endless possibilities. A key highlight of this property is its commitment to energy efficiency and sustainability. With 160 solar panels and net metering, energy costs are significantly reduced, making operations both cost-effective and environmentally friendly. Additionally, a 100kW diesel generator, installed after the 2017 hurricane, ensures reliable backup power, providing uninterrupted service for businesses that require continuous operation. The lower level features a fully equipped laboratory. This level also includes an expansive high-ceiling open space with bathroom and an original bank vault, offering flexibility for a range of commercial uses, from retail or manufacturing to warehouse or showroom space. Upstairs, the office space has been thoughtfully designed with premium materials and high-end finishes, creating a professional and polished work environment. With individual offices, a reception area, and a conference room, the layout is functional yet elegant, catering to businesses that require both private and collaborative workspaces. A standout feature of this property is its expansive covered balcony, which overlooks the turquoise waters of the Caribbean Sea. This outdoor space provides a stunning setting for client meetings, employee breaks, or simply enjoying the breathtaking views of Frederiksted's coastline. Strategically located just steps from the Frederiksted waterfront and cruise ship pier, this property benefits from high visibility and accessibility. With its prime location, energy-efficient infrastructure, and modern commercial facilities, this is a one-of-a-kind investment opportunity for business owners and investors alike. Frederiksted, located on the western coast of St. Croix, is a historic waterfront town known for its colonial architecture, rich culture, and stunning ocean views. Established in the 18th century, it is home to Fort Frederik. With its colorful buildings, local shops, and vibrant art scene, Frederiksted offers a relaxed yet lively atmosphere. The cruise ship pier brings visitors from around the world, transforming the waterfront into a bustling hub of markets, music, and island culture. Nearby Rainbow Beach and Sandy Point Wildlife Refuge boast some of the most beautiful shorelines in the Caribbean. Frederiksted has seen ongoing revitalization, blending historical preservation with modern investments in business and infrastructure. The town's sense of community, walkable streets, and breathtaking sunsets make it a unique place to live and work. Whether enjoying its rich history, pristine beaches, or growing economic opportunities, Frederiksted remains a hidden gem of the U.S. Virgin Islands, attracting entrepreneurs, investors, and those seeking an authentic island experience.

Price History
2/28/2025 Listed $3,199,000

General Features

Sewer City
Roof Pre-Fin Metal
Zoning B-1
Construction Materials Concrete Block
Year Built 1961
View Harbor,Ocean,Sea
Tax Year 2025
Property Type Commercial Sale
Association Amenities Alternative Energy,Storage,Historic Bldg
Garage Y/N No
Status Active
Directions Go to Frederiksted. The building is on the waterfront after First Bank
City St. Croix
MLS Area St. Croix
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor St. Croix
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://my.matterport.com/show/?m=2tWzvByFzDt
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
New Construction None
[email protected] None
[email protected] None
[email protected] None
Water Body Access Y/N None
Accessibility Features Y/N None

Interior Features

Furnished Y/N Partial
Basement (Y/N) No
Total Bedrooms 1
Total Baths 5

Exterior Features

Water Source Cistern
Lot Size Area 0.14
Spa No
Building Area Total 7500.0
Lot Size Acres 0.14
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
[email protected] None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 00840

Price
AVG $1.1M
$3.2M
Taxes
AVG $1,342
$5,385
Year Built
AVG 1978
1961
Visits
AVG 8
56
Data Provided by Inside Real Estate®

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