50 et al Strand Street CH, St. Croix, VI 00820

$525,000

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3 parcels, zoned R-3, steps from the seaplane, boardwalk, hotels, shopping and nightlife of historic Downtown Christiansted. Located in the Enterprise Opportunity Zone with lucrative tax incentives available. These three adjacent lots have amazing development potential. Income producing from the moment your purchase closes, as one of the parcels is a 12-space cloud-based parking lot, weeks away from being operational. R-3 zoning allows for 24 -unit redevelopment density with up to SIX stories and many uses including: hotel, retail or restaurant. The current owner is an architect who has envisioned and drafted various concept design renderings for executing the perfect income producing venue for this area of Christiansted that is being actively redeveloped.

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MLS number: 24-1375

Listing agent: Rhea Ann Abramson #2-50641-1B

Listing broker: Calabash Real Estate

Copyright © 2025 St. Croix Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, April 25 2025 at 5:01 p.m. EDT

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