Prime Commercial-Residential Corner Property on 4th Ave., Corozal Town
4 Avenue / 4th Street North, Corozal, Corozal, Belize
  • US$300,000
  • BZ$600,000

Overview

Property ID: BCMCO1014
  • Property Type
  • Mixed-use
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 5,153
  • Sq Ft
  • $58.22
  • Per Sq Ft
  • 4,662
  • Sq Ft Lot
  • 2004
  • Year Built

Centrally located along one of Corozal Town’s main arteries and within walking distance from schools, shops and surrounding amenities, sit this 2 storey commercial/residential property made of concrete and is in good condition.

The ground floor is ideal for retail or office space offering 2 commercial spaces good for business investment potential with high foot and vehicular traffic. The first commercial space offers 26 ft x 44 ft (1,144 sq ft) secured with steel shutters and the second space offers 36 ft x 44 ft (1,584 sq ft). Each commercial space has its own half bath. On the south side of the building there is an outdoor stairs that heads you to the first floor main entrance.

The first floor welcomes you to a large verandah (610 sq ft) with excellent view of 4th avenue. On the first floor there are 2 apartments. The first apartment offers 1,350 sq ft featuring 3 bedrooms, 2 bathrooms, tiled floors, open space for kitchen, dining and living area. The second apartment offers 1,025 sq ft with space for 2 bedroom, 1 bath, space for living/dining area. At the back of the apartments there is a back verandah (148 sq ft) with access to the second stairs heading directly to the garage (264 sq ft) which can accommodate one vehicle. From the front verandah in the first floor there is a stairs with entry to the roof top of the home. On the roof top there is enough space to construct a gazebo with view of the Corozal Bay.

Other features include glass windows and burglar bars. It is also equipped to have A/C units. Property sits on a corner lot with access street on the south and west boundary. The lot measures 78 ft along 4th Avenue x 55 ft deep 4th Street North.

The property is strategically located close to various businesses (A&R, Rapidito Loans, Atlantic Bank, DFC, Civic centre, restaurants, etc.) in a safe neighborhood with great potential for the new owner to earn an extra income by renting the commercial spaces. This commercial/residential building is 3 blocks away from Central Park and 2 1/2 blocks from the sea front.

Highlights

Property sits on a high traffic, highly visible location along 4th Avenue in Corozal Town, one block away from its junction is Atlantic Bank, DFC and other stores.

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