2nd St. South, Corozal Town, Corozal, Corozal Town, Corozal District, Corozal Town, Corozal District

100011445055 - 3 Story Commercial Building with Seaview in Corozal Town - Property Highlights:A TOP BUSINESS OPPORTUNITY IN THE HEART OF TOWN !!! ---NO OTHER SIMILAR PROPERTY AVAILABLE IN COROZAL TOWN.This incredible commercial property sits just one block off the sea in the heart of Corozal Town. The lot measures 47ft x 110ft with 47 feet street frontage. The massive concrete 3-story has a total marketable space of 4, 445 sq. ft with 875 sq.ft. open rooftop space with views of the Caribbean Sea.The first floor consists of two commercial empty spaces measuring 16ft x 51ft and 20ft x 51ft respectively. The 2nd floor is a residential flat featuring 5 beds and 4 baths. This area is fully tiled and comes semi-furnished. Appliances include a freezer, stove, microwave and a fridge. There are three working a/c units on this floor. This area can accommodate a large family or be converted to office spaces.The top floor has 2 apartments with ensuite bathrooms. Half of the top floor is open and serves as a balcony/relax area. This area overlooks the street and the surrounding town with splendid views of the Corozal Bay. The second and third floor are accessed by a concrete staircase. Half of the lot to the back, 2, 679 sq. ft., is empty and can accommodate any future expansion and development.A business venture like a hotel and restaurant, supermarket, apartments, call center or office spaces makes easy sense here. The property is at a prime location. The income possibilities here are enormous!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:1st Floor20ft x 51ft space @ $825 USD/month = $825 USD x 12 months = $9, 9000 USD/year16ft x 51ft space @ $425 USD/month = $425 USD x 12 months = $5, 100 USD/year2nd Floor1, 785 sq. ft. residential flat @ $1000 per month = $12, 000 USD/year3rd Floor2 single bed apartments @ $350 USD each/month = $700/month = $700 USD x 12 months = $8, 400 USD/yearPotential income generated per year: $35, 400 USDThis a diamond mine of an estate. INVEST NOW!!!Building Features:Full Concrete3 StoryStrongly builtBuilt 2008Semi-furnishedSeaviewHigh income potentialGround floor: 2 commercial spacesMetal curtains on ground floor2nd floor is a residential flat - 5 beds/4 bathsA/C on 2nd floor3rd floor has two apartmentsRooftop terrace with chain link security barrierCable TV and Internet via fiber optics lineFlooring is fully tiledGreat view of neighborhoodConcrete stairwaysTiled shower areasSeptic system with soak awayAll utilities availablePet-friendlyBuilding Area:Main floor - 1, 785 sq. ft.2nd floor 1, 785 sq. ft.3rd floor 1, 785 sq. ft.Total 5, 355 sq. ft.Property Highlights:Area: 5, 170 sq. ft.Rectangular-shapedHalf area unoccupiedFully fencedIn the heart of Corozal TownA few minutes drive to the Chetumal, Mexico borderCaribbean Sea is walking distance awayNotes:Closing costs, including stamp duty are the responsibility of the Buyer.Yearly property tax: $500 USD