Shops in Victoria Island (VI), Lagos

There are 34 commercial property for sale and rent in Victoria Island (VI) as of 7 Nov 2026, with an average price of ₦18M. 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.

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Oniru Victoria Island Extension

All commercial property types All localities in Lagos

1–20 of 34 properties

42SQM Commercial Shop Space in a Busy Environment — New Oniru Market, Oniru, Victoria Island (VI), Lagos

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₦35,000,000 /yr

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42SQM Commercial Shop Space in a Busy Environment

An excellent commercial space situated in a prime business district of Victoria Island surrounded by high-class clientele and established businesses for lease Features -Excellent location with close proximity to the main road. -Great visibility and accessibility. -Ideal for businesses looking for a strategic commercial location. Location; Victoria Island, Oniru market Price; N35,000,000 Size; 42sqm Long lease: 10 years minimum

New Oniru Market, Oniru, Victoria Island (VI), Lagos

1 Parking 42 sqm

Kings Court Realtors

124SQM Commercial Space in a Hotel Apartment Tower — Victoria Island (VI), Lagos

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₦5,635,000

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124SQM Commercial Space in a Hotel Apartment Tower

We are pleased to introduce you to Nigeria's Pioneer purpose-built hotel apartments Investment opportunity. Designed strictly for income generation, the project offers investors annual returns on investment through a professionally managed hospitality model. The Premium Tower is a well-planned and fully serviced 27-Storey Iconic Hotel Apartment building designed by international standards of hospitality located along Ozumba Mbadiwe Way, Victoria Island Lagos. Accommodation types: Studio Apartments (Total Area -- 32sqm per apartment) -- 183 Units (Sold Out). 1 Bedroom Apartments (Total Area -- 62sqm per apartment) -- 205 Units. 2 Bedroom Apartments (Total Area -- 92sqm per apartment) -- 159 Units. 3 Bedroom Apartments (Total Area -- 122sqm per apartment) -- 46 Units. Commercial Space -- (Varying Sizes) -- 18 Units. Total number of units -- 611 features include: Private Balconies/Terraces as per unit plan; Premium quality Kitchen; Fully Fitted Kitchen (Microwave, Oven, Cooker, Extractor Hood, Dish-washer, Fridge); Kitchen Cabinets and Countertops; Fully tiled bathrooms and guest toilets (wherever applicable); En-suite bedrooms (as per plan); Premium quality wardrobes; Premium quality Sanitary Wares and Bathrooms; Premium quality fixtures and fittings; Double glazed windows; Shower in each bathroom; facilities/amenities: Infinity pools with panoramic lagoon view; Central Air-Conditioning; Fully equipped modern gym; podium parking with multi-level access; Retail & Commercial outlets for shopping and dining; Dedicated Kids' Play area; 24/7 security; 24/7 international facilities management; Advanced security system; Jogging track (Parkin area); Pet friendly features; Child care facilities; Premium Housekeeping; Conference Centres; High-End shops; Operated by an international hotel brand; 24-Hour Power Supply system; Passenger Elevators; Service Elevator; Restaurant; Conference Rooms; Professionally-run Spa and Wellness Centre; Other commercial and retail units; Satellite Master Antenna and Fibre Optics Internet connection; Dedicated Transformers; Intercom Communication System; Smoke Detection and Fire Prevention System; Water Heaters; Central Water Treatment Plant; Cleaning Services; 288 Car-parks; etc. Floors: Ground Floor -- Concierge; Guest Waiting Area; Meeting Rooms; Car parks. 1st Floor to 3rd Floor -- Ample Podium Car Park. 4th Floor -- Swimming Pool; Commercial spaces; Bar; Gym; Spa and Wellness Area. 5th Floor to 27th Floor -- 1, 2, and 3 Bedroom Apartments. Prices: Studio Apartments -- (Sold Out). 1 Bedroom Apartments -- NGN277,200,000. 2 Bedroom Apartments -- NGN417,200,000. 3 Bedroom Apartments -- NGN592,200,000. Commercial Space -- NGN5,635,000 / Square Meter title: Lagos State Certificate of Occupancy (C of O) and Deed of Sub-lease. Delivery date: Projected date of completion of the entire project is Q4 2029. Past projects by the developer are in uae, Egypt, Kenya, Rwanda, Turkeye, Morocco, etc. Payment plan: Payment plan option available with 20% down payment, while outstanding balance can be spread over 24 months on a milestone basis. All pricing are as at june 11, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Victoria Island (VI), Lagos

124 sqm

First Colony Real Estate Company LTD

Prime 100 SQM Road-Facing Ground Floor Commercial Space — Lekki Right, Oniru, Victoria Island (VI), Lagos

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₦40,000,000 /yr

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Prime 100 SQM Road-Facing Ground Floor Commercial Space

Exclusively for direct clients only For lease -- prime road-facing commercial space Oniru, Victoria Island, Lagos. Location: Oniru, Vi An excellent opportunity to secure a strategically positioned, road-facing ground-floor commercial space in Victoria Island. This fully serviced property offers excellent road visibility, convenient ground-floor access and flexible space options for businesses seeking a premium commercial address. Financial summary Option 1: entire ground floor (100 SQM) - Annual Rent: ₦40,000,000 - Service Charge Deposit: ₦2,500,000 (estimated) - Agency Fee (10%): ₦4,000,000 - Legal Fee (5%): ₦2,000,000 - Caution Deposit (5%): ₦2,000,000 Total initial package: ₦50,500,000 Option 2: half ground floor (50 SQM) - Annual Rent: ₦20,000,000 - Service Charge Deposit: ₦2,500,000 (estimated) - Agency Fee (10%): ₦2,000,000 - Legal Fee (5%): ₦1,000,000 - Caution Deposit (5%): ₦1,000,000 Total initial package: ₦26,500,000 Service charge deposit is estimated to cover six months' usage. Final charges and allocation per unit are subject to confirmation. Property Highlights - Prime road-facing commercial location - Ground-floor commercial accommodation - Entire ground floor measuring 100 sqm - Flexible 50 sqm leasing option - Existing shop units - Fully serviced commercial property - 24-hour power supply - Convenient ground-floor access - Suitable for various commercial activities - Strategic Victoria Island business location Permitted operating hours Monday -- Saturday 9:00 AM -- 9:00 PM Ideal for: - Premium retail stores and boutiques - Corporate showrooms - Beauty salons and wellness studios - Fashion and lifestyle brands - Professional service businesses - Specialty retail outlets - Other approved commercial uses All proposed uses are subject to the landlord's approval and applicable regulations. Inspection & enquiries Knight Angels Realties Limited Premium Residential Commercial Investment Properties Call/WhatsApp: 07038451502 Inspection fee applies. Availability, service charge allocation and lease terms are subject to confirmation.

Lekki Right, Oniru, Victoria Island (VI), Lagos

100 sqm

Knight Angels Realties LTD

Fully Serviced with Light and Already Built Shop Space in a Mall — Oniru, Victoria Island (VI), Lagos

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₦20,000,000 /yr

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Fully Serviced with Light and Already Built Shop Space in a Mall

_commercial lease _ 50sqm / 100sqm Commercial Space Fully serviced with 24hrs light and already build Shop space in a mall directly facing the road Rent 20M (50sqm) 40M (100sqm) Service charge: 2.5m deposit aimed at 6months usage Caution fee: 5% Legal fee: 5% Agency fee: 10% Location: Oniru For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected]

Oniru, Victoria Island (VI), Lagos

1 bath 1 toilet 50 sqm

Idealplace_properties

Commercial Self Service 3 Bedroom Apartment — Victoria Island (VI), Lagos

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₦30,000,000 /yr

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Commercial Self Service 3 Bedroom Apartment

Commercial self service 3 bedroom apartment for rent in Victoria Island Features A room staff quarter Ample parking space Spacious rooms Rent N30m 2 years upfront ..................................................................... For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Victoria Island (VI), Lagos

3 baths 4 toilets 5 Parking

Rosemond Hills Limited

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₦18,000,000 /yr

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Fully Serviced with Light and Already Built Shop Space in a Mall

_commercial lease _ 50sqm Commercial Space Fully serviced with 24hrs light and already build Shop space in a mall directly facing the road Annual: 18m per Annum 15m for two years Service charge: 2.5m deposit aimed at 6months usage Caution fee: 5% Legal fee: 5% Agency fee: 10% Location: Oniru For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected]

Oniru, Victoria Island (VI), Lagos

1 bath 1 toilet 50 sqm

Idealplace_properties

Luxury Shop Space — Oniru, Victoria Island (VI), Lagos

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₦20,000,000 /yr

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Luxury Shop Space

Direct listing: Luxury 50 square meters shop space. Oniru. 20M 1 year. 17.5M 2 years Chukugo

Oniru, Victoria Island (VI), Lagos

50 sqm

Flowtouch Properties

9 SQMS Space in a Mall — Victoria Island (VI), Lagos

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₦2,500,000 /yr

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9 SQMS Space in a Mall

9 sqms space on the first floor in a mall at Ahmadu Bello way , Victoria Island ,Lagos 2.5m per annum

Victoria Island (VI), Lagos

Godson Homes

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₦40,000,000 /yr

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Commercial Space

"An excellent opportunity to secure a premium, road-facing commercial space in the highly sought-after Oniru district of Victoria Island. This fully serviced ground-floor property offers 100sqm of commercial space, with the flexibility to lease either the entire floor or a 50sqm portion. The space is already partitioned into shop units, providing a convenient setup for businesses seeking a strategic location with excellent road visibility. With 24-hour electricity and an established commercial environment, the property offers an attractive setting for businesses looking to establish or expand their presence in Victoria Island. Property Features Entire Ground Floor: 100sqm Half Ground Floor Option: 50sqm Prime Road-Facing Location Existing Shop Units Fully Serviced Commercial Property 24-Hour Power Supply Excellent Business Visibility Suitable for Various Commercial Uses Operating Hours Days: Monday -- Saturday Time: 9:00 AM -- 9:00 PM Rental Details Option 1: Entire Ground Floor (100sqm) Annual Rent: ₦40,000,000 Option 2: Half Ground Floor (50sqm) Annual Rent: ₦20,000,000 Additional Charges Service Charge Deposit: ₦2,500,000 (intended to cover approximately 6 months' usage) Agency Fee: 10% of Annual Rent Legal Fee: 10% of Annual Rent Caution Fee: 5% of Annual Rent Estimated Initial Payment 100sqm Option Rent: ₦40,000,000 Agency: ₦4,000,000 Legal: ₦4,000,000 Caution: ₦2,000,000 Service Charge Deposit: ₦2,500,000 Total: ₦52,500,000 50sqm Option Rent: ₦20,000,000 Agency: ₦2,000,000 Legal: ₦2,000,000 Caution: ₦1,000,000 Service Charge Deposit: ₦2,500,000 Total: ₦27,500,000 For more Information, Pricing and Private Viewings Please Contact: Itohan: 0803 678 3187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate"

Victoria Island (VI), Lagos

C W Real Estate

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₦40,000,000 /yr

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Commercial Space

Victoria Island (VI), Lagos

C W Real Estate

Furnished Saloon Space — By Ebeano, Oniru, Victoria Island (VI), Lagos

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₦6,500,000 /yr

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*For For Lease Description: 250sqm open plan floor space on the ground floor suitable for showroom. Location: Ahmadu Bello Way, Victoria Island. Rent: ₦300,000/sqm term Long lease Description: 250sqm open plan floor space on the ground floor suitable for showroom. Location: Ahmadu Bello Way, Victoria Island. Rent: ₦300,000/sqm term Long lease

Ahmadu Bello Way, Victoria Island (VI), Lagos

Awodd Properties LTD

Showing 1–20 of 34 properties

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Currently available in Victoria Island (VI)

Property type	Count
Flats	4k
Houses	2k
Land	1k
Commercial Property	1k

Type	1 bed	2 bed	3 bed	4 bed	5 bed
Flats	707	1k	2k	350	30
Houses	13	134	245	1k	286

Land Type	Count
Residential Land	148
Commercial Land	194
Industrial Land	-
Mixed-use Land	489
Farm Land	-
Other Land	2
All Land	1k

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Area Guide

About Victoria Island (VI), Lagos

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

Read the full area guide

Property glossary

What is a shop?

A shop is a small commercial unit for retail, usually in a plaza or on a busy road. "Lock-up shop" is a common Nigerian listing term for a small shop with a front shutter that is locked up at night. Shops let to traders count as business premises under Lagos tenancy law.

Read more in our glossary Last checked 19 October 2026

FAQ

Frequently asked questions

The average price of shops in Victoria Island (VI), Lagos is ₦18,000,000 a year.

Most shops in Victoria Island (VI), Lagos are priced between ₦7,500,000 and ₦20,000,000 a year.

Prices for shops in Victoria Island (VI), Lagos go up to around ₦40,000,000 a year.

Prices for shops in Victoria Island (VI), Lagos start from around ₦5,000,000 a year.

There are 34 available shops in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.

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