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ACTIVE  Large Retail Building With Grocery Store And 6 Apartments

  • $ 1,250,000 USD
  • 16378

        Maya Beach, located in the heart of the Placencia Peninsula in Belize, is a vibrant community home to many expats and renowned restaurants. With its stunning beaches, crystal-clear waters, and lush greenery, it has become a popular destination for tourists and locals alike. An opportunity for entrepreneurs and investors is available: the only grocery store in the area along with six apartment units are for sale.

        The grocery store and the six apartment units are situated on a corner lot, with 200 ft in depth that has an access road running along its northern boundary and 80 ft of highway frontage, along with 80 ft of canal frontage at the back of the property leading to the lagoon and the Caribbean Sea. A police substation is the neighbor on the south side of the property, adding an extra layer of security.

        This two-floor concrete grocery store measures 60 ft by 86 ft, providing ample space. The first floor houses the only grocery store on the northern half of the peninsula, which has been operating for nearly 10 years and shows significant potential for various retail ventures. The second floor spans 4,800 sq ft and is unfinished, allowing for further development. Options include continuing the previous owner’s project of opening a gymnasium or using the space as additional storage for the main store below.

        One of the most appealing features of this property is the six parking spaces included with the sale. Dedicated parking is often a challenge in commercial areas, serving as a major selling point. The concrete construction of the building offers durability and longevity, ensuring the investment lasts for years.

        The six recently finished apartment units consist of a mix of one and two-bedroom layouts. Each unit includes a fully-equipped kitchen and laundry section, making them suitable for long-term rentals or vacation homes. With private parking spaces and gated access, tenants can feel safe and secure.

        The canal offers endless opportunities for water-based activities, making these apartments an attractive choice for water enthusiasts. Another major advantage is their recent completion, ensuring the units meet all modern safety and construction standards. The fresh finishes and new appliances appeal to tenants seeking a modern and comfortable living space.

        This is a rare opportunity to invest in a unique property with immense potential. The grocery store and six apartment units present a wide range of possibilities for anyone looking to make a sound investment in the real estate market.


        Listing first detected August 17, 2024 last ping 1 day ago