Placencia Village Square is the undisputed commercial center of Placencia. This British Colonial period development is situated across from the Placencia sports complex and community activity center. This themed project has been very well received and is both unique and striking. Fountains, pond, walkways and well developed grounds make this a "must see" for Placencia visitors. PVS has over 4,500 sq ft of rental space divided into 9 separate income units with better than 80% occupancy rate history and solid, long term tenants. Buildings are new, between 4 and 6 years old. There is room to add 2,000 - 3,000 sq. ft. of rental space. Construction cost is aprox. US$90 per sq. ft and rental rates average $25 US per sq. ft. The property is under solid property management and records are available. This is undoubtedly the best commercial location on the Placencia peninsula, almost a full city block. Price: 895,000.00 USD
Keywords:
Belize, Placencia, Commercial, Business, Income Earner, Turn Key
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