One Of A Kind Commercial Property in Corozal Town

GRAB THIS BUSNIESS DEAL NOW!!! —NO OTHER SIMILAR PROPERTY AVAILABLE IN COROZAL TOWN.

This superb lot of 0.92 Acre has a prime location and features a massive 2 story, full concrete, edifice with 10,000 sq. ft. of marketable space. The building is on half of the lot leaving the other half clear for future expansion and development. With Spectacular views of the town this property offers a great business opportunity for the right person willing to inject capital and vision. A business venture like a hotel & restaurant, gas station, supermarket, call center or a mall makes easy sense here. The property is easily accessible. The income possibilities here are enormous!

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 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
2nd 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

THIS IS A DIAMOND MINE. INVEST NOW!!!