Commercial Building on Regent Street Downtown Belize City

Description

Investment opportunity exists to acquire prime real estate in the heart of historic Belize City, located on Regent Street. This prime commercial property offers a unique blend of heritage charm and modern potential, ideal for entrepreneurs and investors seeking a strategic location. Sitting on a double lot with access available via Prince Street, there are 2 commercial buildings located on the premises.

The first building offering approximately 4,627 square feet facing Regent Street is that of a a two storey structure having a layout for a retail store on the lower level and an open layout for office space on the upper level.

Other factors of the first building are that of:

• reinforced concrete foundation, ground floor, floor beams and columns
• The external walls on the lower level is of concrete blocks, while the upper level external walls are a mixture of concrete blocks and timber studs with timber siding.
• The internal walls are timber studs with hardboard, painted.
• Windows are timber battens and glass sash vertical sliding, while the doors are panel mahogany and overhead metal shutters on the lower level.
• The floor on the upper level is of timber, sanded and polished.
• The roof is of timber trusses with corrugated galvanized roof sheeting and ceiling of hardboard, painted.

The second building offering approximately 1,033 square feet facing Prince Street has on the lower level a store room, while the upper level has a one bedroom apartment with kitchen, dining and a full bathroom.

Other factors of the second building are that of:

• reinforced concrete foundation, floors, beams, columns and roof
• The walls are all concrete blocks, plastered and painted.
• Windows are aluminum lovers, while the doors are panel mahogany.
• The floor is finished with sheet vinyl on the upper level, while the lower level floor is bare concrete.

Property Attributes:

• Commercial Viability: Ideal for retail businesses, offices, or hospitality ventures looking to capitalize on downtown traffic and tourism.
• Historical Appeal: Embrace the rich cultural heritage of Belize City while enjoying the benefits of a thriving commercial district.
• Potential: Ample opportunity for rental income or expansion, with the flexibility to adapt to various business needs.
• Transport: Convenient access to public transportation links, enhancing commuter and visitor accessibility.
• Dining & Retail: Surrounded by a diverse array of restaurants, cafes, shops, and entertainment venues.
• Cultural Attractions: Close proximity to historical landmarks, museums, and waterfront attractions, attracting both locals and tourists alike.