Hofius in Downtown Belize City – Prominent & Historic Commercial Property
19 Albert Street, Downtown, Belize City, Belize, Belize
  • US$2,250,000
  • BZ$4,500,000
Buy Active

Overview

Property ID: BCMBE3020
  • Property Type
  • Mixed-use
  • 17,000
  • Sq Ft
  • $132.35
  • Per Sq Ft
  • 12,200
  • Sq Ft Lot

A landmark and gem of downtown Belize City, the Hofius property is on the market for the first time in its 132 year history! Historic and well-placed as its frontal portion sits on iconic Albert street linking Belize city’s Historic downtown.

This site offers the opportunity to connect the street with the Highest-Pedestrian Traffic in the City (Orange Street) with Albert Street, Belize City’s iconic downtown street and link between the North Side, Fort George and Pickstock areas and the city’s zone encompassing the Albert Street, Regent Street and Southern Foreshore – Belize City’s Historic Downtown.

Property runs from Albert Street west to Duck Lane then north to Orange Street. Dimensions are as follows: 55 feet along Albert Street, a massive 94 feet along Duck Lane and another 75 feet along Orange Street. With multiple access points, broad frontage on two major streets, this unique property offers options for ease of pedestrian and vehicular traffic as well as the most valuable commodity downtown, Parking.

The main buildings retain their original steel frame all the way to the roof including a 2 storey, solid concrete section located along Orange Street built in 1990. This concrete section serves as the administrative and managerial offices for the property as well as an expanded and open ground floor for additional shopping or the ability to convert as an entrance / access from Orange Street. The wide open spaces provided by the structures allow for easy flow of visitors throughout the property especially through the currently non-existent flow directly to and from Orange Street and Albert Street, with Duck Lane at the rear (West) allowing for easier flow of vehicular traffic as well as the possibility of on-site parking and loading.

Current under roof space is 17,000 sq ft across its multiple floors with a total land area of just under 13,000 sq ft. as the main foot print.

Missing opportunities in this area include eateries, multi-use spaces for retail, office, entertainment and services. This multi-use building would be perfect to house this type of establishment.

Hofius sits at the very heart of downtown Belize City opposite the Belize Bank and next to Heritage Bank and William Quan. The Hofius property sits facing the historic Battlefield Park and across the street with a direct view of the original High Court of Belize and the original Brodies Supermarket. Other notable neighbors include the Belize City Council and the Belize Water Taxi alongside the historic Swing Bridge.

Highlights

  • Historic Name and Prime Multi-Use Opportunity
  • Prominent retail corridor between the two streets with strong vehicular and foot traffic counts
  • Albert Street to Orange Street and Duck Lane
  • 2 Storey Building plus Attic (former Historic Hofius Department Store)
  • Built with solid, imported Steel 
  • Showcasing strong market positioning and location awareness
  • Centrally located in the heart of downtown Belize City
  • Dimension: 55 ft. 8 ins. along Albert Street x 174 ft. 5 ins. x 94 ft. along Duck Lane x 75 ft. 7 ins. along Orange Street x 74 ft. 9 ins.
  • Floor Area: 17,000 sq. ft.(+/-) of Retail, Office and Warehouse space
  • Excellent visibility and accessibility
  • At the Foot of the Swing Bridge and next to key downtown locations and properties
  • One block from major Bus Stops and Water Taxi terminals
  • Close proximity to banks, department store, City Hall, Battlefield Park, local businesses and services, etc. 

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