Description
Positioned along the bustling Belize Corozal Road, this exceptional commercial property presents a rare opportunity to acquire a substantial three-story concrete structure in one of Orange Walk Town’s most visible and accessible locations.
Occupying approximately 18,748.14861 square feet, the property features a commanding street presence, ample front parking, and direct access from a main thoroughfare. The surrounding neighborhood is well-established with a mix of commercial, retail, and residential developments, ensuring consistent traffic and long-term investment stability.
The ground floor is of solid concrete construction and offers flexible space suitable for retail operations, professional offices, or showroom use. The upper floors, while requiring renovation, provide extensive square footage ideal for conversion into offices, apartments, or a mixed-use commercial development. Utilities including electricity, water, cable, and drainage are readily available, making the site fully equipped for redevelopment or adaptive reuse.
Property Highlights
- Land Area: Approximately 18,748.14861 sq. feet
- Structure: Three-story concrete commercial building
- Location: Belize Corozal Road, Orange Walk Town
- Zoning: Commercial
- Access: Paved frontage with parking
- Utilities: Full access to water, electricity, and telecommunications
- Condition: Ground floor in usable condition; upper levels require renovation
- Ideal Use: Retail, office complex, boutique inn, or mixed-use redevelopment
Strategic Investment Potential
This property is more than just a building—it’s a versatile investment opportunity with multiple high-return concepts:
- Multi-Tenant Commercial Plaza: Ground floor retail with professional offices above. Diversified rental streams reduce vacancy risk.
- Boutique Hotel / Business Inn: Upper floors converted into 10–15 guest rooms with ground floor lobby, restaurant, or bar. Supported by steady tourism flow from Mexico and northern Belize.
- Office & Service Hub: Modern offices for consultancies, clinics, real estate agencies, or financial services—benefiting from ongoing healthcare and infrastructure expansion.
- Other Options: Event spaces, wellness centers, live-work lofts, logistics/showrooms, and vocational or training institutes—all aligning with Orange Walk’s growth trends.
Orange Walk Is on the Rise!
- Urban Development Upgrades: IDB initiatives improving sidewalks, drainage, vendor facilities, and tourism infrastructure.
- Healthcare Expansion: Modernized regional hospital driving demand for accommodation, services, and offices.
- Agribusiness & Entrepreneurship: Local grants and training programs fostering skilled workforce and small-business innovation.
- Infrastructure & Utilities: Multi-million-dollar upgrades enhancing urban amenities, reliability, and long-term investment climate.
A rare opportunity for investors and developers seeking to secure a property in one of northern Belize’s most active and rapidly developing commercial corridors.