Overview
Description
Description
Commercial corner property located inn Belize City at Corner Orange Street and Mosul Street, Belize City, Belize.
The buildings
The main building has 3 floors and they are commercial application/rental. The ground floor is cement/concrete structure whilst the rest of the building is wooden.
Firstly, the ground floor has 2 commercial rental units along Orange Street. Additionally, the ground floor which is accessible on Mosul Street is the lounge/bar. The lounge/bar area has a male and female bathroom. Also, a kitchen and storage are located behind the bar area.
Secondly, the First Floor consists of 2 separate empty units that can be rented. However, the building will require repairs.
Thirdly, the Second Floor is the owner’s quarters which consisting of 2 bedrooms, 1 bath, a small kitchen, sitting area and dining area.
Adjacent to the main building there is a wooden structure being approximately 14×28 feet (basic no high value). Furthermore, this building is divided into 3 weekly rental rooms.
Finally, there is third wooden structure on site that may need to be torn down as it may cost too much to repair.
Size of lot
The corner lot is approximately 60 feet on Orange Street by 100 feet along Mosul Street. However, the exact area is 6,116 square feet.
Utilities and Services
There are all utilities on the property.
Commercial Activity
The location is a prime location for any commercial activity. Additionally, the property is located right next door one of the most iconic store/landmarks in Belize City, Rene’s Store. Furthermore, the property sits along the main artery couple of blocks away from downtown Belize City.
Location Corner Orange Street & Mosul Street, Belize City, Belize
Description Commercial/Rental
Area of Lot 6116.02 Square feet (+-60x100ft)
Asking Price $650,000.00US or $1,300,000.00BZ Plus Transfer Fees
Reduced to $600,000.00US or $1,200,000.00BZ Plus Transfer Fees
Closing Fees:
Includes but not limited to Stamp Duties, Registration fees payable to the
Government of Belize and legal fees are assumed by the purchaser
Central Bank Permits
If applicable sale will require permit from Central Bank of Belize under the Section 40 of the Exchange Control Regulations 2003
Notices
Price Deemed to change without notice; Property sold as is, where is; transferrable title
Photos showing boundaries are for demonstration purposes only and purchaser must conduct due diligence.
Any information presented are for illustration purposes only with approximate location or sizes.
