$749,000
Property Details
Property Description
Perched on the corner in the heart of San Pedro Town this property, both Commercial and Residential is available now! Parcel 910 is located on the prime corner of Coconut Drive and Tarpon Street and at a critical intersection where all traffic must stop, to turn.
Its an iconic structure on the South West Corner of Coconut Drive and beside the newly built Sancas Plaza to the west, and in the vicinity of the major hub of Tropic Air and our Island Airport.
This property currently has professional and retail tenants on the ground level and 2 private residences upstairs. Its a large building, a 2 storey cement structure, and its covered with plycem siding. It has a clear, freehold title and its potential for redevelopment is immense.
The lower level is divided into distinct business areas, and consists of a main office and meeting spaces, a reception, internal rooms used as offices, a pharmacy and a private meeting room.
These spaces all offer income generation with additional options to consider including storefronts, storage etc. The apartments upstairs are accessible through a shared staircase and enjoy the large east facing balcony. They are both occupied one, as a residential 1 bedroom studio apartment and one larger 3 bedroom apartment.
There is a fenced boundary line in the back of the property, drainage and storage.
Whether you choose to upgrade or modify the existing structure, or opt to start a brand new construction project and choose the option of adding additional floors– this property offers you the perfect foundation as being in a supreme LOCATION on Ambergris Caye, the most popular destination in Belize.
With tourism being the major draw to the island, this property is in an ideal location to consider constructing a new hotel, office and or residential spaces. This property in town offers access to every amenity. All municipal utilities are available.
Many shops, restaurants, banks, government offices and several public spaces can also be found in the nearby vicinity.
Owner will consider short term financing.
Interested In This Property?
Mortgage Calculator
Owning a home is a great investment and it is key to plan your mortgage payments ahead of time. Calculate for your monthly mortgage using our free calculator below.