Description: Fantastic location just off Sea Grape Drive and across the street from the new Caye International Bank A class office building -the only building of this kind in San Pedro Town. Town of San Pedro is receiving 80% of all overnight tourists visiting Belize. The population had grown from 11,000 in 2005 to over 21,000 today, this explosive growth have created a significant shortage of available commercial land parcels with some lots selling for upwards of 200,000 US. The subject property is occupying two fee simple title lots that are valued at over $300,000 US. Add to that the cost of constructing a 7000 sq. ft building at $100 US per sq. foot and the total replacement cost for this property would be $1,000,000 US. Attractive cap rate of 9.4% is also not easy to find. Seller had moved back to his home country and needs to sell this building quick. Any reasonable offer is welcome.