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114 Castle Coakley QU, 114, St. Croix,

Property Type: Commercial Baths: 5 Lot Size (sq. ft.): 46,174 Status: Active
Current Price: $2,200,000 List Date: 3/28/2024 Last Modified: 3/28/2024


Introducing an extraordinary opportunity in a prime location, brought to you by Gertrude Gumbs, owner of the renowned Gertrude's Restaurant. This expansive commercial space spans over 10,000 square feet, boasting a capacity of 350 seats indoors, complemented by a sprawling covered patio, allowing for a grand total of 500 seats. Currently operating as Gertrude's Restaurant, this versatile property holds immense potential for a myriad of ventures. With its central air conditioning and prominent road frontage, it presents an exceptional investment prospect. Impeccably maintained and equipped, this turnkey establishment has been a pillar in the community for over two decades, catering to a diverse range of events including conferences, social gatherings, weddings, (continued)

Supplements: ...and political functions. The space features soaring cathedral ceilings, a fully-equipped office area, a conference room, and a robust 100K generator ensuring uninterrupted operations. Situated on 1.5 acres of land with prominent frontage on a bustling thoroughfare, this property offers ample off-street parking, enhancing its appeal to patrons and clients alike. Its current configuration as a restaurant can seamlessly transition into various commercial endeavors, thanks to its expansive layout and strategic location. Whether you envision a vibrant nightclub, a boutique motel nestled in the rear yard, medical/doctors' offices or a dynamic office space, this remarkable property promises endless possibilities. Ideally positioned within close proximity to banks, restaurants, businesses, and shopping centers, it presents a lucrative opportunity to establish a thriving enterprise in a thriving locale.

More Information MLS# 24-569


Plot/Unit Number: 114 Island: St. Croix Estate: Castle Coakley QU Postal Code: 00820 Quarter: Queen Geo Lat: 17.720366 Geo Lon: -64.742205 Directions: Driving West on road (Route 68) towards Limetree Bay(Refinery). Business is located across from St. Croix Gas.

General Property Description

List Price: $2,200,000 Realtor.COM Type: Commercial Lot Acres: 1.06 Total Bathrooms: 5 Taxes: 2675.68 Tax Year: 2023 Year Built: 1993 Furnished: Yes Water Front: No Pool: No Zoning: I-2 Stamp Tax: 50-50 Split

Contract Information

Status: Active Current Price: $2,200,000 Begin Date: 2024-03-16

Listing/Selling Member Info

Approx Int Sqft: 8459


Air Conditioning: Central PWD#: 4641 Street Front: Yes

Business Opportunity

Business Type: Restaurant


Parking: Yes

Listing Info

Sign: No

Property Features

Sale Includes: Land/Bldg & Bus Amenities: Furn/Equip Neg; High Traffic; Restaurant; Storage Flooring: Tile Security: 24 Hour Monitor; Alarm Construction: Concrete Block


Listing Office: Welcome Home Realty
Office Phone: 323-382-9606

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.

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