- Main Street Placencia
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A rare opportunity in Belize’s most strategic commercial corridor: a 1-acre property inside the Corozal Free Zone, bordering the Rio Hondo — the river that forms the official border between Belize and Mexico. Formerly a wholesale warehouse and distribution center, the property is currently divided into 11 separate storage units, all rented out and generating income today.
The building has good bones and a layout already proven for warehousing and distribution, but it needs renovation and modernization to reach its full potential. This is a genuine value-add opportunity: acquire an already-cashflowing asset in a prime, land-constrained location, then apply an upgrade plan to reposition it as a modern logistics, distribution, or wholesale facility. The Corozal Free Zone is Belize’s original and largest commercial free zone, a true logistical hub at the country’s northern gateway to Mexico ,offering duty-free trading status and some of the most favorable business tax incentives in the region. Few sites combine river-border frontage, an established free zone location, and existing income in one package.
Property highlights:
– 1 acre, fronting the Rio Hondo, the Belize/Mexico border
– Located inside the Corozal Free Zone, Belize’s premier trade hub
– Former warehouse/distribution center, now 11 rented storage units — income producing today
– Good bones, needs renovation and modernization
– Significant value-add and repositioning upside for the right buyer
For More info Contact Frik De Meyere, Prime Belize Real Estate’s commercial property specialist, focused on sourcing and marketing income-producing and development-ready commercial assets across Belize.
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