2nd St. South, Corozal Town, Corozal Town
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$ 615,000
Est. payment | /mo

5 Beds

4 Baths

5,355 Sqft Lot


$ 615,000
Est. payment | /mo

5 Beds

4 Baths

5,355 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Contingent

Purchase Type For Sale

Bedrooms 5

Full Baths 4

Lot Size 5,355 Sqft

Property Description

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.
Listed by RE/MAX DORADO • Remax Dorado

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2nd St. South