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Commercial Property With Residence/ Multi-Purpose Office Above Financing Available, For Sale

San Pedro, Belize

$299,000

  • Description
  • Details
  • Features

Description

San Pedro Town, Belize
Asking Price:
$299,000 (USD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
$24,000 (USD)

PRICE DRASTICALLY REDUCED!!!

EXTREMELY PROFITABLE COMMERCIAL-RESIDENTIAL PROPERTY FOR SALE!

An Excellent Investment Opportunity to purchase an Income-Producing Investment Property that comes with $200,000 (5.75%) Owner-Financing (20 Year Amortization).

This ‘Income-Producing” AND “Inflation-Proof” Investment, with the added security of owning the land, the building and a 2-Bed/2-Bath house upstairs (completely furnished, right down to the kitchenware, electronics AND artwork is priced to sell!) with a sleeping loft on the third floor. The upstairs is beautifully accented with Belizean hardwoods while the downstairs and outdoor areas offer multiple-purpose possibilities for adding additional sleeping arrangements or a small business. The 3,000 Square foot building includes a 3rd floor loft above the 2nd floor living area adding space for an office/playroom. At one point in the past, the property was a vacation rental and a B & B. The screened in porch on the second floor has magnificent sun-set views over the lagoon. The commercial lower level was recently renovated for it’s first-class commercial tenants with a highly successful restaurant well-known in San Pedro.

Property information

Real Estate:
Real Property Included
Living Accommodation:
2 Bedroom, 2 bath plus a sleeping loft on the 3rd floor for children or others
Location:
The building is located approximately 1.5 miles south of the town of San Pedro on Ambergris Caye
Premises Details:
Commercial Ground Floor and Residence Above. Renovated fully in 2014. Well-known restaurant tenants below.
Size in square feet:
3,000

Business Operation

Expansion Potential:
Multiple possibilities.
Reasons for selling:
Retiring.
Trading hours:
The restaurant tenants below are open only Tuesday thru Saturday from 5:30 pm til 10:00 pm.
Employees:
N/A
Years established:
15+

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
$200,000 Owner-Financing available at Six Percent (5.75%), interest only, Twenty (20) year amortization, Five (5) year balloon. Tenant rent covers this Note.
Furniture / Fixtures value:
$30,000 (USD) – included in the asking price

Detail

  • Property ID: 2398
  • Price: $299,000
  • Property Size: 3000 sq ft
  • Bedrooms: 2
  • Bathrooms: 2

Contact info

CONTACT AGENT
Mike Haworth
501-630-3903
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