IMMEDIATE INCOME! LOCATION! LOCATION! LOCATION! IN THE HEART OF TOWN.

This incredible commercial property sits just one block off the sea in the heart of Corozal Town.  The lot measures 4423.32 sq. ft. and is 335 ft from the shore. The massive concrete 3-story has a total marketable space of about 6,000 sq. ft. with open rooftop space with views of the Caribbean Sea.

The first floor consists of three commercial spaces: two of which are occupied -  one is a grocery shop and the other a vegetable shop.  The 2^nd floor is a residential flat featuring 4 beds and 3 baths with a back and front porch. This area is fully tiled and comes fully furnished. Appliances include stove, oven and a fridge. Two of the rooms have a/c units. This area can accommodate a large family or be converted to office spaces.

The third floor has 2 apartments. Half of this floor is open and serves as a balcony/relax area. This area overlooks the street and the surrounding town with fabulous views of the Corozal Bay. The second and third floor are accessed by a concrete staircase. There is also a stairway leading to an open fourth level. The lot is fully fenced with parking space at the back.

A business venture like a hotel and restaurant, supermarket, apartments, call center or office spaces makes easy sense here. Being a corner lot with views of the Caribbean Sea, this property has a prime location offering enormous income possibilities!

All amenities are in walking distance 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:

1^st Floor

Space #1 $250 USD/month = $3,000 USD/year

Space #2 $250 USD/month = $3,000 USD/year

Space #3 $500 USD/month = $6,000 USD/year

2^nd Floor

Residential flat @ $1000 USD/month = $12,000 USD/year

3^rd Floor

2 single bed apartments @ $200 USD each/month = $4,800 USD/year

Potential income generated per year: $28,800 USD

IMMEDIATE CASH FLOW…INVEST NOW!!!

Building Features:

• Full Concrete
• 3 Story
• Strongly built
• Fully furnished
• Seaview
• High income potential
• Ground floor: 3 commercial spaces
• Metal curtains on ground floor
• 2^nd floor is a residential flat - 4 beds/3 baths
• A/C on 2^nd floor
• Plenty cabinet space in kitchen
• Hot & cold water on entire building
• 3^rd floor has two apartments
• Rooftop terrace
• Cable TV and Internet via fiber optics line
• Flooring is fully tiled
• Front and back porch
• Great view of neighborhood
• Concrete stairways
• Tiled shower areas
• Septic system 
• All utilities available
• Pet-friendly

Building Area:

• Main floor – 2,482 sq. ft.
• 2^nd floor – 2,034 sq. ft.
• 3^rd floor – 1,500 sq. ft.
• Total – 6,016 sq. ft.

Property Highlights:

• Area: 4,423.32 sq. ft.
• L-shaped
• Corner lot
• Fully fenced
• Parking at back
• In the heart of Corozal Town
• A few minutes’ drive to the Chetumal, Mexico border
• Caribbean Sea is 335 ft. away

Notes:

• Yearly property tax: $325 USD