34-A,B&Rem Freemans Ground, St John, VI 00830
$825,000
Property Type:
Commercial
Square Footage:
33,106
Lot Size (sq. ft.):
33,105
Status:
Closed
Current Price:
$825,000
List Date:
10/02/2020
Last Modified:
8/23/2024
Description
Great waterfront opportunity! Shipwreck Landing is an ''island style'' complex located on the water's edge in Coral Bay consisting of 3 parcels with W-1 & B-3 zoning that total .76 acre with plenty of room to expand or possibly put in a floating dock to attract boat charter activity. There are currently 2 buildings that have 3 operating businesses and also the concrete foundation that once had a popular restaurant. New owner has many options to rebuild restaurant & expand on this B-3 zoned parcel. Seller financing available. Property being sold ''as is, where is''. Noted exclusion on file. Buyer to verify square footages and cistern capacity.
More Information MLS# 20-291
Contract Information
Current Price: $825,000
Status: Closed
Book Section: COMMERCIAL
Realtor.com Type: Commercial
List Date: 2020-09-30
Under Contract Date: 2020-12-01
Sold Date: 2021-01-08
Sold Price: $825,000
Terms: seller finance
Financing: Owner
Intended Use: Other
Location Legal and Tax Information
Parcel Number: 34-A,B&Rem
Estate: Freemans Ground
Quarter: Coral Bay
Island: St John
State/Province: VI
Postal Code: 00830
Subdivision: None
General Property Description
Business Name: Shipwreck Landing
Total SqFt. (+/-): 33106
Building Size (+/-): 1370
Lot Size In Acreage: 0.76
Lot Size In SqFt: 33105.6
DBA: Shipwreck Landing
Hurricane Damaged Property: Yes
Hurricane Damage Source: Yes
Sale or Lease: Sale
Lease Information
Lease Options: 5 years
Lease Terms: 5 years
Monthly Rent: $4,246.
Ownership Info
# of Employees: n/a
Salary: n/a
Total Payroll: n/a
Hours: n/a
Working Owner: no
Years Established: varies
Years Present Owner: 15
Days Open: varies
Form of Ownership: LLC
Reason for Selling: other interests
Financial Info
Gross Income: 50,952.
Listing Office: Islandia Real Estate
Office Email: info@islandiarealestate.com
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