Corozal Town, Corozal, Corozal Town, Corozal District, Corozal Town, Corozal District

100011445066 - Commercial Building on Corner Lot, Corozal Town - 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 2nd 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:1st FloorSpace #1 $250 USD/month = $3, 000 USD/yearSpace #2 $250 USD/month = $3, 000 USD/yearSpace #3 $500 USD/month = $6, 000 USD/year2nd FloorResidential flat @ $1000 USD/month = $12, 000 USD/year3rd Floor2 single bed apartments @ $200 USD each/month = $4, 800 USD/yearPotential income generated per year: $28, 800 USDIMMEDIATE CASH FLOW...INVEST NOW!!!Building Features:Full Concrete3 StoryStrongly builtFully furnishedSeaviewHigh income potentialGround floor: 3 commercial spacesMetal curtains on ground floor2nd floor is a residential flat - 4 beds/3 bathsA/C on 2nd floorPlenty cabinet space in kitchenHot & cold water on entire building3rd floor has two apartmentsRooftop terraceCable TV and Internet via fiber optics lineFlooring is fully tiledFront and back porchGreat view of neighborhoodConcrete stairwaysTiled shower areasSeptic systemAll utilities availablePet-friendlyBuilding Area:Main floor - 2, 482 sq. ft.2nd floor - 2, 034 sq. ft.3rd floor - 1, 500 sq. ft.Total - 6, 016 sq. ft.Property Highlights:Area: 4, 423.32 sq. ft.L-shapedCorner lotFully fencedParking at backIn the heart of Corozal TownA few minutes' drive to the Chetumal, Mexico borderCaribbean Sea is 335 ft. awayNotes:Yearly property tax: $325 USD