Kayole-Obama Commercial Building For Sale-3.95M-277
Description
Looking to invest in a commercial property?
Owner relocating and selling this incomplete two-story mixed-use commercial building with the ground floor currently rented to 5 long-term Tenants.
- This is a mixed-use building combining commercial and residential spaces that is between two roads and has a dual frontage in a high traffic location.
- Although incomplete buy the building and collect rent from ground floor shop tenants from day 1.
- complete the remaining 4 floors to create a dream commercial property with up to 11% projected rental yields.
Ground Floor-5 Shops 150m2
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- 5 large(30m2) rented shops comprising a Supermarket, Saloon, Bar, and Restaurant accessed from the south road completed in 2014
- Redesign this floor to double the existing income.
- For example, on the ground floor, the 5 very large (each 30m2) commercial units with one frontage could be easily repartitioned into 10 units smaller units (each 15m2) that will take advantage of the building’s dual frontage and access from two roads.
First Floor
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- Incomplete floor (60% Complete) at slab level with 10 large bedsitters sharing washrooms.
- You could redesign the floor to create ten (10) 1 Bedroom Self Contained units
Why buy this amazing Kayole-Obama commercial building
- Unique freestanding 2 story office building perfect for Owner/User or Investor.
- Potential for a diversified income stream from up to 50 diversified tenants (5 floors)
- Location, Location, Location in a high traffic/demand location near a major intersection/roads.
- Ready customers and anchor tenants.
- Fantastic Commercial Building
LOCATION AND NEIGHBOURHOOD
- This commercial building is located at Obama Estate near Kayole Junction, Obama Police Post
Jupiter Academy and Voice of Salvation among others. - About Kayole and Obama Estates
- Similar Properties on our Website
- Kayole Properties for Sale
- Tags: Nairobi, Kayole Estate, Obama Estate, Kayole-Obama, Commercial Building for Sale
Address
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Address Obama Estate, Nairobi, Kenya
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Country Kenya
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Province/State Nairobi
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City/Town Nairobi
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Neighborhood Kayole-Obama
Overview
- Property ID 277
- Price From 4.0 M /= / Negotiable
- Property Type Business For Sale, Commercial, Office Building, Office Space
- Property status Buy
- Rooms 15
- Bedrooms 10
- Bathrooms 5
- Year Built 2/1/2014
- Size 150 m2
- Land area 150 Acres
- Label Hot Offer, Just Listed
Features
Gated Community
Water
Electricity
Near Major Roads
Mini Supermarket
Coffee Shop
Shop Spaces
High-pressure water supply system Lobby
Common amenities
Get Directions
Nearby Places
Walk Score
56
Walk Score
Somewhat Walkable
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