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7-8 Et Al King St, Unit CH Christiansted, VI 00820

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For Sale
$6,900,000

Iconic 23,248 sq ft office building in Opportunity Zone.

Property size:
23,248 SF

Property Features for 7-8 Et Al King St

General Information

Size
23,248 SF

Source: Sanni Craft Agent Sanni Craft

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Office Building with Modern Amenities

This 23,248 sq ft office building is located within an Opportunity Zone and features modern infrastructure. Recent improvements exceeding $1,000,000 include a new premium roof coating, new impact windows, new central air conditioning systems, new cedar shakes on the mansard roof, complete painting, and a state-of-the-art elevator. The property includes 24 parking spots and a 150 KW generator. The building maintains a nearly 100% occupancy rate. The building consists of three uniquely designed floors accessible via a newly installed elevator or interior and exterior staircases. The third floor features a cozy outdoor balcony with views of historic Christiansted. The north side of the third floor offers a spacious office space with a conference room, two offices, and a balcony overlooking King Cross Street, along with bathrooms, maintenance, and storage space. The south side includes eight separate office spaces, one with a kitchen, and additional storage. The second floor houses three office suites, two of which contain a legal office with over 17 office spaces, 3 conference rooms, 2 kitchens, and 4 bathrooms, including two updated baths with showers and a bathtub. The third suite has outdoor access with 3 offices, a reception area, and a balcony overlooking King Cross Street. The first floor encompasses three distinct spaces, including a wood-paneled office area with a bank vault featuring solid concrete walls and a Mosler vault door. The second suite covers just under 3,000 sq. ft, while the third suite has an open layout with six offices and an outdoor gallery overlooking King Cross Street. Multiple bathrooms and storage rooms are located throughout the first floor. A basement area of approximately 300 sq.ft. provides storage space. The property has a 50-gallon "day tank" for diesel fuel and an 800-gallon diesel tank for the generator. It is serviced by public potable water and sewage, along with a cistern. The on-site parking lot is accessible via an arched breezeway drive-through from King Street to King Cross Street. A second story could be constructed over the parking lot.
Location Intelligence

Current Use by Public Records

Office buildings

Map

City
Christiansted
County
St. Croix
State
Virgin Islands
Longitude
-64.7041
Latitude
17.7473

FAQs

What type of property is this?
Office building - Iconic 23,248 sq ft office building in Opportunity Zone.
Where is this office building located?
The property is located at 7-8 Et Al King St, Unit CH Christiansted, VI.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: - Opportunity Zone location with potential tax benefits.; - Recent $1,000,000+ in upgrades including **new roof, impact windows, central AC, and elevator.**; - High occupancy rate (nearly 100%) indicating a strong investment opportunity.
More about this property
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