Commercial Building With Residence For Sale

Business description

FIRST FLOOR INCOME $30,000 ANUALLY!

Originally constructed in 2002, this wonderful home was completely remodeled in 2007 and the apartments were remodeled in 2008. This home is located just a 10 minute stroll from downtown San Pedro in a quiet mixed residential and small business neighborhood.


The main house is located on the second floor and is approximately 2150 square feet.

3 Bedrooms

2 Baths

Separate Laundry Room with Washer and Dryer

Ceramic Tile Throughout

Belizean Harwood Trim,Moldings and Cabinets

Central Air Conditioning

Security Bars

Ceiling Fans in Every Room

Side by Side Refrigerator with Ice and Water in Door

Built in Microwave

Extremely Large Deck for Entertaining

Super Sized Closets

Built in Shelving

There are two 1 bedroom apartments on the ground floor in the rear of the building. Each apartment is fully furnished with gas stove, refrigerator, color television, microwave, coffee pot, can opener and basic kitchenware.

The apartments are air conditioned with ceiling fans in each room, blinds and drapes.

The apartments rent long term for $500.00 per month each.

There is a 1000 square foot retail space on the ground floor fronting the road. Currently the space is leased for a Fashion Boutique at a rate of $1,500.00 per month.

The space is tiled, air conditioned, commercial ceiling and lighting.

Continue to lease the space or use it to open your own home based business.

The roof was reinforced in 2010 to include double joists with double hurricane strapping. Hurricane shutters were also added to all of the upstairs windows.

Property information

Real Estate:

Real Property Included

Living accommodation:

Three Bedroom 2 Bath home

Location:

1/2 south of San Pedro Town on Ambergris Caye Belize

Size in square feet:

4300 square feet

Business Operation

Expansion potential:

A third floor could be added to the building

Competition / Market:

None in the immediate area

Reasons for selling:

Building a new home

Years established:

3

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$400,000 Down and carry $225,000 for 5 years at 10% interest

Furniture / Fixtures value:

$100,000 (included in the asking price)