There are 26 commercial property for sale and rent in Magodo as of 22 Oct 2026, with an average price of ₦35M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Detached/self compound lounge/ restaurant with pitch/ dinning for rent/ lease in magodo 1 lagos Below is the breakdown for the restaurant space in Magodo: - Rent: ₦60,000,000 per annum - Agency fee: 10% - Legal fee: 7.5% - Caution fee: ₦3,000,000 - Service charge: To be confirmed #Seq
Magodo Phase 1, Magodo, Lagos
Lambe & Eboigbe Properties
Premium
8
₦50,000,000/yr
Restaurant / bar for rent
Restaurant / Bar Space
Fully furnished restaurant space in Magod phase 1 - Rent: ₦50,000,000 per annum - Agency fee: 10% - Legal fee: 10% - Caution fee: ₦3,000,000 - Service charge: To be confirmed
Magodo Phase 1, Magodo, Lagos
Goplug Realty
Premium
8
₦50,000,000/yr
Restaurant / bar for rent
Fully Equipped Restaurant, Bar & Lounge
For lease fully equipped restaurant, bar & lounge Location: Magodo Isheri, Lagos Rent: ₦50,000,000 Per Annum A fantastic opportunity to take over an existing restaurant and entertainment venue in a serene and secure environment in Magodo Isheri. The property comes with a restaurant, bar, lounge, outdoor football pitch and snooker area, making it ideal for an established hospitality, leisure or lifestyle business. Property Features - Existing Restaurant / Dining Area - Fully Functional Bar - Lounge - Outdoor Football Pitch - Snooker Area - Spacious Concrete-Floored Compound - Large Mikano Generator - Prepaid Electricity Meter - Good Water Supply - Kitchen Cabinets - Kitchen Shelves - Fitted Wardrobes - Water Heater - Bath Cubicle - Pop Ceilings - Guest Toilet - Good Road Network - Serene & Secure Environment Ideal for - Restaurant & Bar - Lounge - Sports Bar - Entertainment Venue - Event / Lifestyle Centre - Hospitality Business - Fitness & Recreation - Other Suitable Commercial Uses Message us today to schedule an inspection and discuss lease terms. Upg Real Estate
Isheri, Magodo, Lagos
U P G Real Estate LTD
Premium
8
₦50,000,000/yr
Restaurant / bar for rent
Restaurant / Bar Space with Mini Football Pitch
For lease: A 2-years income-generating property lease opportunity at magodo 1, ikeja, lagos. Property Details: - A well built and maintained lounge/Restaurant Space. - It has a Mini- Football Pitch. Landsize: 1200 Sqm. Amenities: - It is in a well secured and serene environment - It has Proximity to the Major road/Busstop. - It is along a well tarred and terrained road - Adequate Car park. - It has a Good Revenue generating capacity. - It is Suitable for Birthdays, Parties and Events. Location: 12, Agbedina Avenue, Magodo 1, Isheri - Olowora, Ikeja, Lagos. Lease Period: 2years Certain Price: - N50m Per Annum
Magodo Phase 1, Magodo, Lagos
1200 sqm
Xanderhomes
Premium
5
₦200,000,000
Commercial property for sale
Full Plot of Land
::: Semi-Direct Distress Sale, Empty land measuring 472 Sqemter in Olowora Via Omole phase 2, very good location with inter Lock Street Free hold From Bale of Olowora, and Registered Survey #200milion net. For More Information on This Property and More Like It...... Kindly Contact Ohatex Properties.
Serene and Secured Estate Olowora, Olowora, Magodo, Lagos
Ohatex Properties
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Premium
₦8,000,000/yr
Commercial property for rent
Commercial Strategic Land
This property is available for immediate lease. It's a full plot of land measuring 690Sqm. It can be used for car wash, lounge, warehouse or any commercial activity.. Call for only serious enquiries. Price slightly negotiable
Along Olowora Road, Olowora, Magodo, Lagos
Tot Property Partner LTD
Featured
8
₦50,000,000/yr
Office space for rent
A Big Office Space
A big office space for rent Features: Pop ceiling Guest toilet Prepaid meter Bath cubicle Kitchen shelf Kitchen cabinets Fitted wardrobe Concrete floored compound Water heater Good water *lounge *Bar *Outdoor pitch *snooker area *Restaurant / Dining area *large Mikano generator *prepaid meter Good road network Located in a serene and secure environment
Magodo Phase 1, Magodo, Lagos
2 baths
4 toilets
Flocisco Global Resources LTD
Featured
25
₦1,200,000,000
Commercial property for sale
2-Unit Property with 7 and 5 Bedrooms
- magodo phase 2 A prime 2-unit property comprising: - Unit 1: 7 Bedrooms + 2 Sitting Rooms - Unit 2: 5 Rooms + 2 Sitting Rooms Location: Magodo Phase 2, Lagos Price: ₦1.2 Billion Property videos are available on request. Serious buyers/investors only.
Magodo Phase 2, Magodo, Lagos
Ace Luxury Estate
Featured
11
₦15,000,000/yr
Office space for rent
5 Bedroom Detached Duplex
5 bedroom duplex Self compound Magodo shangisha
Magodo Phase 2, Magodo, Lagos
5 beds
5 baths
4 toilets
4 Parking
Homeswithdavid
Featured
2
₦250,000,000
Plaza / complex / mall for sale
Plaza on a Half Plot of Land
Plaza on about half a plot of land at a corner piece along Olowoira road close to De Prince supermarket price:₦250M. Facilitators fee:5%
Olowora, Magodo, Lagos
Shalom Real Estate Empire LTD
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Featured
17
₦25,000,000/yr
Commercial property for rent
Standard 9 Bedroom Duplex
Letting Commercial property Standard 9 bedroom duplex with a storey building open space on a 700sqm self compand @ Off CMD road Lagos Rent : 25million naira asking Agency, legal, caution : 10 % each
Off CMD Road, Magodo Phase 2, Magodo, Lagos
9 beds
10 baths
10 toilets
Chaman Properties
Featured
25
₦35,000,000/yr
Commercial property for rent
A Semi Detached Commercial Property with Glass House
Commercial property for rent on CMD road, magodo phase 2 office space + staff quarters a versatile duplex commercial property for rent, directly on CMD Road, Magodo Phase 2 --- one of Lagos Mainland's most prominent commercial and business addresses. With 8 en-suite rooms, 2 additional rooms, a glasshouse, and a shop, this property is ideally suited for a corporate office setup combined with staff accommodation, all under one roof. Location: CMD Road, Magodo Phase 2, Lagos (direct road frontage) Property Type: Duplex commercial building Property Features: ️ 8 rooms, all en-suite 2 additional rooms Glasshouse Shop space Ideal For: Corporate office space Staff quarters / live-in accommodation Combined office + residential use for businesses that need both under one address Rent: ₦35,000,000 per annum CMD Road's direct commercial frontage and Magodo Phase 2's reputation as a premium business corridor make this a strong fit for companies looking to consolidate office and staff housing needs into a single, well-located property. For inspection, call/WhatsApp 07035399994. CommercialProperty OfficeSpaceForRent CommercialPropertyForRent MagodoProperty MagodoPropertyForRent
CMD Road, Magodo Phase 2, Magodo, Lagos
8 beds
8 baths
9 toilets
5 Parking
Homefront Realty and Property Management Limited RC-9252819
Featured
15
₦25,000,000/yr
Office space for rent
Commercial Space
Letting 9 bedroom commercial space CMD road Rent : 25million naira asking Agency,legal , caution : 10 % each for Inspection Contact.Midde Real Estate Consultant.07063357229
3/2/1 Bedroom En-suite at good prices for short Let Features:- Smart TV, Netflix, DSTV 24/7 Wi-Fi, Power, Water *Housekeeping, Ample Parking Security Magodo Phase 2, Ikeja 3 bedroom N135k 2 bedroom N110k 1 bedroom N90k It comes with a discount for a longer stay thanks
Phase 2, Magodo Phase 2, Magodo, Lagos
2 beds
2 baths
2 toilets
4 Parking
Loyalty Homes Limited
Featured
₦100,000/day
Commercial property short let
Spacious Hall
This hall is available for immediate use . It is good for business meetings,lectures,class,small events..e.t.c It is located within a secured enviroment with very good road accessibility. adequate power supply available including generator when power fails. It will serve a good purpose for potential customers. Hall can accomodate at least 30 people at same time. Call for only serious enquiries
Via Omole Phase 2 Estate, Olowora, Magodo, Lagos
2 toilets
Tot Property Partner LTD
1
₦1,700,000,000
Plaza / complex / mall for sale
Shopping Plaza with C of O
For sale Shopping Plaza on approx. 1,004sqm land space + CofO @ emmanuel keshi street, magodo shangisha Price: N1.7B ono
Very closable JV on CMD road, magodo 2 a newly built and uncompleted property on a land area measuring 1,583.96 sqm is up for joint venture. Location: CMD Road, Magodo-Shangisha Title - Certificate Of Occupancy Land value - #1B Premium - Nil Facilitators fee - 10% of the land value Owner's Demand - a commercial project like a Shopping & Office complex, etc. Please note: Registered Architect, Bill of Quantity (BOQ) and Proof of Fund is essential. Sharing ratio: 50:50 Inquiries mausi realty08023413642 or es 0806 376 8619
CMD Road, Magodo, Lagos
1500 sqm
Mausi Realty
1
₦35,000,000/yr
Office space for rent
Office Space for Lease.
Office space to lease. A 14 rooms office spacious compound and for office and company use. Longer term lease / Rent. On CMD Road close to Magodo Gate express. N35m per annum.
CMD Road, Magodo, Lagos
650 sqm
Gendslaw Homes
4
₦40,000,000/yr
Restaurant / bar for rent
Functional Lounge, Spacious and Well-Designed Area
S. Direct brief ️ Functional Lounge for Lease Magodo Phase 1 Rent: ₦40 million per annum Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Service Charge: To be discussed Features: ️ Spacious and well-designed lounge area ️ Suitable for events, hospitality & entertainment ️ Serene and secure environment ️ Good road access & ample parking For enquiries & inspection: Call/DM now to close ~tint~
Magodo Phase 1, Magodo, Lagos
3 beds
2 baths
4 toilets
10 Parking
White Legacy Realty LTD.
Showing 1–20 of 26 properties
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FAQ
Frequently asked questions
The average price of commercial property in Magodo, Lagos is ₦35,000,000 a year.
Prices for commercial property in Magodo, Lagos go up to around ₦60,000,000 a year.
Prices for commercial property in Magodo, Lagos start from around ₦15,000,000 a year.
There are 26 available commercial property in Magodo, Lagos. You can view and filter the list of property by price, furnishing and recency.