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74-2 Cruz Bay Town

Cruz Bay, St. John, USVI 00830
$5,050,000
5,546 Sqft

Highlights of 74-2 Cruz Bay Town

Approx Ext Acres
1500
Area
St John
Island
St John
Quarter
Cruz Bay
Year Built
1980
Approx Int Sqft
5,546
Estate
Cruz Bay Town
MLS #
19-464
Status
Active
  • Property Description
    Priced at 2019 Appraised Value. Licensed 15 Key hotel with premium restaurant space in the heart of Cruz Bay, St. John, USVI. Business includes rare valuable town real estate ownership & long-term leasehold mix. Strong 8.5% CAP rate & tremendous potential for increased revenue due to current below market-value room rates, & with the implementation of modern marketing techniques. Superb location, just a 1 minute walk from the ferry dock & beach! Excellent condition, 83 solar panels and diesel backup generator. Solid steakhouse anchor tenant. Ten year track record/reputation, consistently ranked #1 hotel on TripAdvisor with 5 stars & over 500 reviews. Excellent turn-key business opportunity with tons of repeat guest clientele - a true money maker! See supplement.
  • Features
    • Storage: 250 sq ft
  • Additional Info
    • Business Name: Cruz Bay Hotel
    • Included Equipment: Yes
    • Land Inclusions: Yes
    • Parking Info: 3+ spaces
    • Years Established: 9
    • Zoning: B-3 Business
    • Days Open: 7
    • Included Inventory: Yes
    • Lease Value: Yes
    • Total Gross Sales: To qual buyer
    • Years with Present Owner: 10
  • Fees and Taxes
    • Annual Expenses Total: To qual buyer
    • Financial Info Net Income: To qual buyer
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About this area
Cruz Bay Real Estate

Cruz Bay Real Estate Guide As St. John’s main settlement and port of entry, Cruz Bay is a quaint, quintessential Caribbean town complete with colorful buildings, beautiful shopping areas and restaurants, bars on the beach and tropical plants and palms. Its small-town atmosphere is precisely what makes St. John so endearing. All the amenities and...

Price Range: $300,000 - $7,750,000

Map

74-2 Cruz Bay Town, Cruz Bay St. John, US Virgin Islands 00830

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