Fantasy Commercial Real Estate

From a long stretch of remote Anegada beachfront to an industrial acre in what could soon be a busy St. Croix shipyard, available Virgin Islands commercial real estate rivals its dream homes.

Dreams of owning a historic property on Charlotte Amalie’s Main Street might have some wake-up screaming. But if the idea sparks joy in you, have a look at 26 Dronningens Gade, adjacent to the Royal Dane Mall. The 1963-built, 3,600-square-foot interior features a 1,750-square-foot retail space at street level and opportunity for two apartments upstairs, according to multiple listing agents.

Sales on Main Street ebb and flow but are pretty well documented. A venture further south could be a long-term boon for an adventurous industrialist.

Research groups have been studying the feasibility of building a large ship repair yard on St. Croix’s south shore for two years. In early June, the first study results came back, suggesting it was possible and a money maker. Although the researchers suggested more studies were needed, they identified the Krause basin as the best spot for the shipyard, having a wide turning basin and existing facilities like a machine shop and smaller cranes.