2-Storey concrete structure is built on a parcel measuring 60 ft. x 120 ft. located in the Duty Free Corozal Free Zone at the South Eastern Border with Mexico (Chetumal). The Upper and Ground Floors of this building are designed for retail & office use (can easily be used as warehouse space). Each Floor measures 40 ft. by 50 ft. Features include Tiled Floors with 2 Bathrooms on the Ground Floor and 1 on the First Floor, a sturdy balcony on the Upper floor, “L” type Stairs and Quality Shutters. Property also offers an additional structure measuring 30 ft. x 40 ft. at the rear for additional storage (warehouse) space. This building offers great investment potential with the option to secure additional lease tenancy.
Merchandise in the Corozal Free Zone may be sold wholesale or retail to diplomats of other countries; ships that dock at ports in Belize; for direct export whether by land, sea or air.
"Merchandise, articles or other goods entering the Commercial Free Zone for commercial purposes shall be exempted from import duties, stamp duties and revenue replacement duties. Fuel and goods, including building materials, furniture, equipment, supplies and parts needed for the proper functioning of a CFZ business shall also be exempted from duties and taxes." - corozalfreezone.org Businesses in the zone include: manufacturing, importing, exporting, distribution of fuel, casinos, retail and a variety of services to Mexicans and other international clients.
Inquire about this Property