Tagged: beach bar for sale, caribbean, coral bay, island blues, st. john
When beach bars that are for sale end up on the market, the asking price is usually way out of my price range. This beach bar in St. John, though, isn’t (yippee!) and while the beach may be absent, the vibe and view certainly make up for it. Island Blues, a waterfront restaurant and bar overlooking Coral Bay in St. John, US Virgin Islands, won’t even cost you in the six figures. With an asking price of $99,999, it gets close but when you get down to that price range, you start to grab the attention of people really fast. And if it’s good enough to be reviewed by Caribbean Travel and Life, which calls it a “rough-and-ready watering hole, popular with locals weary of the tourist scene,” it should be good enough for you.
Image by Jason St. Peter and used under Creative Commons license. You can view the rest of his work at his blog, fiftypercentchanceofrain.com.
Island Blues is currently listed on the Islandia Real Estate site and they describe the opportunity as “WATERFRONT Business on CORAL BAY,ISLAND BLUES RESTAURANT & BAR in the heart of the proposed marina. With current seating for 22(bar), 40 (table seating) and additional seating in the ”stage” area. Room on the property for expansion. Lease & equipment for sale.” While you won’t own the land, the potential possibilities this location could offer are only enhanced by the proposed new marina which according to the News of St. John, is coming whether you want it to or not. A marina full of hungry and thirsty yachties looking to spend their hard earned cash (or family trust)? Sounds like the ideal situation to me. And did I mention that the asking price is only $99,999? Let’s not forget that.
For more information on Island Blues, please visit the following sites:
Trip Advisor
Yelp
Find out how to make their signature drink, the Wally Whacker, here.
Update
This listing has been removed.
September 28, 2014
Would like to find beach bar in any condition. Love your site very informative. My wife and i are on St thomas and looking for a spot. If you can call me number is 850-687-1988. Thanks Randy Traci
September 28, 2014
Will do, Randy and Traci! Already have feelers out for someone else so I’ll let you know what I come up with. Thanks!
September 28, 2014
Great!!!
September 28, 2014
Do you have an email address i can send letters of recommendation and resumes to for review?
September 28, 2014
Yes, I do. You can email your paperwork to me at info@beachbarbums.com. I’ll make sure it gets to the right people. Hopefully we can make something happen for you!
September 28, 2014
Didn’t know if you had an area on your site where bars that are distressed or bar owners about to sell could look at potential management teams or buyers so they can contact each other?
Thanks
Randy
September 28, 2014
Not yet but it will probably be the next page we create. Once the redesigned site is launched, we’ll probably create a “Classifieds” page where people can post beach bars for sale, employment opportunities or, like in your case, an “in search of” category, where potential buyers/employees would list their interests and contact info. Thanks for the recommendation, Randy. I’ll keep you updated!
Tom
September 29, 2014
Thanks Tom. Will be watching for it.
Randy and Traci
June 16, 2016
Retiring attorney wouldlike email info, on beach bars for sale particularly with some seller financing assistance.
June 17, 2016
Walter, please send me an email at info (at) beachbarbums (dot) com and we’ll see what we can do for you. Thanks for reaching out to us!
February 1, 2017
hi there…Looking to reloate from Arizona with my husband and son. We have owned and rran a bed and breakfast for 7 years. Would like to find a bar/restaurant/inn on the islands with possibly a distressed sale or owner financing… My husband is a retired dentist. Any such place? Thanks Athena
February 10, 2017
Athena, please send me an email at info (at) beachbarbums (dot) com and I’ll let you know what we have. Thanks!