Island Galleria Building in the heart of San Pedro

San Pedro Belize Commercial Property- Corner Lot

Positioned at the highly trafficked corner of Coconut Drive and Tarpon Street in the heart of San Pedro Town, this strategically located commercial property offers exceptional visibility and accessibility just steps from Tropic Air’s Island Terminal and Sancas Plaza. This central business district location places the property within one of the most active commercial corridors on Ambergris Caye, benefiting from steady foot traffic generated by both locals and international visitors arriving daily.

The existing two-story structure features a durable concrete frame construction, Plycem siding, and a recently replaced roof, providing a solid foundation for continued commercial use or future vertical expansion. The ground floor is currently configured for multiple commercial and retail tenants, including a pharmacy, private office spaces, storefront retail, and additional open areas adaptable for a variety of business operations such as professional services, tourism-related enterprises, or medical offices.

Upstairs, the property includes two private residential units consisting of a one-bedroom studio apartment and a spacious three-bedroom residence, each with east-facing balconies that capture refreshing sea breezes and natural light. These residential components present an immediate opportunity for supplemental rental income from long-term tenants or short-term accommodation.

With its prime corner location, flexible mixed-use layout, and proximity to essential transportation and commercial hubs, this property is well suited for investors seeking stable rental income within the growing Ambergris Caye commercial real estate market. Additionally, the site offers significant redevelopment potential, including the possibility of expanding to a four-story boutique hotel, professional office complex, or mixed-use commercial development to capitalize on the continued economic growth and infrastructure investment in San Pedro Town.

This is a rare opportunity to acquire centrally located commercial real estate in Belize with both immediate income-producing potential and long-term development upside.