One Of A Kind Commercial Property – SUPERB INVESTMENT!

The ground floor features three sections which includes two large storage spaces of 1200 sq. ft and 3040 sq. ft. each and a 2500 sq. ft. section that consists of 8 bedrooms and baths. The 8 bedrooms are ready to be rented out. The storage spaces can serve as warehouses or commercial space.

The top floor which has about 3250 sq. ft. of living space has 5 sections that are unfinished apartments. There is also a compact 2 bed/1 bath area currently used as a residence. The remaining unoccupied space can be converted to more apartments.

There is also a concrete stairway leading to a third floor which isn’t developed yet but has even greater views of the surrounding town and greenery of Corozal Town.

The Corozal Community hospital is one lot off and all amenities are in proximity including: shops, the fruits & vegetables market, banks, bars, restaurants, churches, parks, the hospital, the police station, clinics, sporting facilities, gyms, and a recently opened water park. Walk down to the shore and take a swim in the emerald green waters or delight in the awesome view.

Market Capitalization:

13 apartments @ $250 USD/month = $3,250 USD x 12 months = $39,000 USD/year

2 business spaces @ $750 per month = $9,000 USD/year

$1,000 per month = $12,000 USD/year

Possible income generated per year: $60,000 USD

THIS IS A DIAMOND MINE. INVEST NOW!!!

Building Features:

• Full Concrete
• 2 Story
• Strongly built
• High income potential
• Ground floor: 8 beds/8 bath
• 2 Storage spaces on ground floor
• 2^nd floor: 5 beds/5 baths
• Built 2020
• Cable TV and Internet via fiber optics line
• Flooring is fully tiled on lower apartments
• Great view of neighborhood
• Concrete stairways
• Wooden beds in lower apartments
• Tiled shower areas on lower apartments
• Upper rooms are unfinished
• Lots of open spaces for apartments, offices, shops etc.
• Septic system with soak away
• Wooden carport parking
• All utilities available
• Pet-friendly

Building Area:

• Main floor – 6,740 sq. ft.
• 2 floor – 3,260 sq. ft.
• Total – 10,000 sq. ft.

Property Highlights:

• Area: 0.92 Acre
• On the main avenue of Corozal Town
• ½ Acre cleared unoccupied
• Fully fenced
• 7,500 sq ft. land space at back of building
• Close proximity to shopping facilities
• A few minutes’ drive to the Chetumal, Mexico border
• Caribbean Sea is walking distance away

Notes:

• Closing costs, including stamp duty are the responsibility of the Buyer