There are 18 commercial property for rent in Lagos as of 13 Sep 2026, with an average price of ₦95M. 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.
Commercial space for lease. Available units - 13 units of fully furnished room comprising of: - 80kva generator - Clean water treatment plant - Parking space - Good location Rental figure - 42m per annum. Other fees - 10%. Location Lekki Conservation Centre, Chevron, Lekki. Good for Shortlet, hotel, hospital etc. Very good for daily income.
Lekki, Lagos
Best Home and Properties
Premium
11
₦100,000,000/yr
Hotel / guest house for rent
Fully Fitted and Furnished Hotel for Lease
Description a purpose-built and strategically located 3-star hotel on 4 floors with basement and penthouse, offering excellent commercial visibility and dual access. The hotel features over 39 units of accommodation each ensuite with toilet and balconies, a penthouse, multiple mini-suites, restaurant, bar, equipped gym, event hall, and other functional spaces, making it ideal for hospitality investors, corporate lodging operators, and short-let investors. Location: Abe Street, Onipanu, Lagos. The hotel enjoys dual entry and exit point via Abe Street and Oluwatoyin Street, Onipanu, Lagos. It is highly visible and accessible to Ikorodu Road via Conoil filling station by Onipanu bus stop. Accommodation details 39 units of rooms (23 single rooms & 16 mini-suites) spread across 4 floors; Penthouse office space (en-suite); All rooms ensuite with toilet and balconies; Basement with gym, conference hall, vip bar/lounge & office space; Reception, restaurant, bar, kitchen & gift shop on Ground floor; Multiple office space on various floors; and, Mini event halls. Facilities & amenities CCTV camera Internet facility Elevators with 2 pairs of stairs at both ends Equipped gym 200 & 114 kva back-up Generators Dedicated transformer Adequate parking space Fenced and gated Fire-fighting equipment installed (extinguishers) attractions to the property ocol Hotel presents an exceptional opportunity for operators seeking a fully fitted, fully furnished, and immediately occupiable hospitality asset in a thriving Lagos corridor. Strategically located just off Ikorodu Road, the property enjoys excellent visibility, access, and consistent traffic flow within a high-demand hospitality zone renowned for strong occupancy and attractive investment returns. Its proximity to major commercial hubs, residential estates, business districts, and transport links ensures a continuous stream of guest traffic and positions the hotel advantageously within the mainland market. The hotel is offered vacant, providing a true plug-and-play advantage with all fittings, furnishings, and operational facilities, including the front desk/reception area, kitchen, restaurant, bar, conference rooms, guest rooms, and suites; ready for immediate occupation, thereby eliminating significant capital outlay or setup time. Its design supports diverse and profitable revenue channels spanning accommodation, conference and event hosting, restaurant and bar operations, fitness facilities, and outdoor relaxation spaces. This makes the property highly suitable for hospitality investors, short-let operators, corporate housing providers, medical hospitality extensions, or hybrid operators seeking flexibility and scale. Ocol Hotel also offers well-appointed guest rooms with modern amenities such as air-conditioning, contemporary bathrooms, workspaces, and quality bedding, complemented by on-site dining, a bar/lounge, meeting rooms, Wi-Fi throughout the premises, a structured 24-hour front desk, and efficient housekeeping and laundry layouts. The facility's operational strength is further enhanced by ample parking, reliable power infrastructure with alternative backup, and robust security systems comprising CCTV coverage, gated entry, and access control. Situated within a secure and organized neighborhood, the hotel benefits from a good road network and easy connectivity to key routes. Its strong commercial frontage provides excellent branding visibility, making it ideal for operators looking to strengthen or expand their presence on Lagos Mainland. With flexibility for positioning as a mid-scale business hotel, boutique establishment, or mixed hotel/short-let operation, ocol Hotel delivers both immediate operational readiness and long-term growth potential for the right operator.
Abe Street, Off Bode Thomas Street, Onipanu, Shomolu, Lagos
40 beds
40 baths
46 toilets
Biodun Olapade & Co.
Premium
24
₦95,000,000/yr
Hotel / guest house for rent
19-Room Twin Duplex Commercial Property
A prime 19-room twin duplex commercial property offering a versatile investment opportunity for investors, hospitality operators, and corporate occupiers. The property is suitable for hotel operations, serviced accommodation, corporate housing, or rental purposes, making it an attractive option for investors seeking a substantial commercial asset with income-generating potential. Property & Investment Details Property Type: 19-Room Twin Duplex Commercial Use: Hotel / Hospitality / Rental Sale Price: ₦3.5 Billion Annual Rental Value: ₦95 Million per annum Purpose: Commercial An excellent opportunity to acquire a sizeable commercial property in a strategic location, with multiple options for generating rental or hospitality income.
Lekki Phase 1, Lekki, Lagos
19 beds
Lawrence Platinum Limited
Premium
21
₦20,000,000/yr
Hotel / guest house for rent
Luxury Furnished 18 Rooms Hotel with Premium Finishing
18-Room Premium Furnished Hotel Available for Lease -- immediately After VGC Prime Hospitality Investment Opportunity An exceptional 18-room fully furnished hotel strategically located immediately after VGC, heading towards Ajah, Lagos, is now available for lease. The property features premium finishing, tastefully furnished rooms, a snooker area, and a well-designed bush bar, creating an attractive environment for accommodation, relaxation, and entertainment. Key Features - 18 fully furnished rooms - Premium finishing throughout - Snooker/games area - Bush bar - Strategic location immediately after VGC, heading towards Ajah - Ideal for hotel, hospitality, and leisure operations - Excellent commercial potential - Ready for immediate operation a well-positioned hospitality property offering comfort, entertainment, and strong business potential. For lease terms, inspection, and further details, contact BGM Realty.
Ilaje, Ajah, Lagos
18 beds
25 baths
25 toilets
50 Parking
Best Grand Masters Realty
Premium
2
₦150,000,000/yr
Hotel / guest house for rent
19 Rooms Hotel with Bar
Hotel for lease 19 Rooms hotel with bar and swimming pool and parking space for 10 car in a serene environment of Ikeja GRA Rent: N150M per annum x 3 years payment in the first instance, renegotiation happens at the end of the first 3 years The hotel is renting as is. The hotel seats on 2,000sqm Land space Contact:O.O.S Property Consult On 08064386025, 08114712677
14/6/26 Premium commercial lease opportunity Fully furnished 13-room property strategically located within walking distance of the Chevron Alternative Route Bus Stop, offering excellent accessibility and strong business potential. Key Features: - 13 fully furnished rooms - Reception/lobby area - Kitchen/kitchenette in every room - Standby diesel generator - Ready for immediate operation Ideal For: - Hotel & hospitality operations - Shortlet and serviced apartment business - Medical and wellness centres - Corporate guest house - Training and residential facilities - Large family residence Rent: ₦70,000,000 per annum (Whole Property) Additional Charges: - Agency Fee -- 10% - Legal Fee -- 10% - Caution Fee -- 10% - Service Charge -- ₦200,000 a rare plug-and-play opportunity for investors, hospitality operators, and businesses seeking a fully operational property in a prime, high-demand location. Video available on request for serious clients.
Lekki Conservation, Chevron, Lekki, Lagos
13 beds
13 baths
14 toilets
10 Parking
Stargate Properties
Premium
10
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16 Bedrooms Guest House
For lease -- furnished 16-room - oniru-v.i, lagos Looking for a spacious and fully equipped property on the Island? This furnished 16-room is now available for lease in the prime Oniru neighborhood. Sitting on approximately 1,500sqm, features include: - 16 spacious rooms - Quality furniture throughout - Standby generators for uninterrupted power - a clean, well-maintained swimming pool - Ample parking space for multiple vehicles - Secure and serene environment Lease Price: N130 Million Naira per annum Tenure: 5 years (payment required upfront) Located in a highly sought-after and secure area, this property offers excellent value and a ready-to-use setup for hospitality or residential use. _Terms and conditions apply._
Oniru, Victoria Island (VI), Lagos
16 beds
16 baths
16 toilets
Citymart NG Projects & Solutions LTD
₦7,500,000/yr
Hotel / guest house for rent
Hotel of 19 Rooms in a Secured Environment, Video Availa
For Lease Hotel of 19 rooms "very big" is out for lease, situated at a secured and serene environment. Location: Jemi Alade Estate, Isheri Olofin Lagos state Price: #7.5m per annum "minimum of 2 years lease Though is open for negotiation for a very serious client. Attractions: Enough car park Quiet Environment 24/7 security Band a light Very close to the bus stop 25mins drive to Airport video available
For Lease --15 Room Hotel with Bar & Swimming Pool
For lease --15 room hotel with bar & swimming pool in ikeja GRA a well-positioned and fully functional 15-room hotel located in the serene and highly sought-after environment of Ikeja GRA, Lagos, now available for lease. Property Features: 15 spacious and well-appointed guest rooms Fully operational bar/lounge area Swimming pool Ample parking space for up to 10 cars Located in a peaceful and secure environment Excellent accessibility and visibility * Ideal for hospitality and leisure business operations Rent: ₦120 Million per annum Lease Term: 3 Years Payment Required Interior pictures and additional details are available upon request. For inspections and enquiries, kindly contact us today. Highbrow Realty 07036335101,08164941485
Ikeja GRA, Ikeja, Lagos
15 beds
15 baths
16 toilets
13 Parking
Highbrow Realty
1
₦450,000,000/yr
Hotel / guest house for rent
32 Rooms Budget Hotel
32 rooms budget hotel Mini Swimming pool 2 units of standby generators for backup Conference hall Laundry Kitchen/Bar/Restaurant Two offices Great location Going concern For sale at N7b asking Or longterm lease at N500m asking per annum 3 years initial lease to be considered Location: Ikeja GRA Lad size : 2000sqm Outright sale: 6.5Billion Vol 21 20
Joel Ogunnaike, Ikeja GRA, Ikeja, Lagos
32 beds
32 baths
32 toilets
32 Parking
Crestforesight Homes & Properties LTD
3
$4,000,000/yr
Hotel / guest house for rent
15 Floors, 160 Luxury En-Suite Rooms
Landmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positioned15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfront15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfrontLandmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positionedFOR sale or lease: Luxury High-Rise Hotel --Old Ikoyi Lagos (80% Complete)* Quick Summary Landmark 15-floor hotel in Ikoyi's most prestigious waterfront district, offering 160 luxury en-suite rooms. 80% completed and positioned for premium returns. Property Highlights Scale: 15 floors, 160 luxury en-suite rooms Views: Majority of rooms face the waterfront Location: Prime spot in Old Ikoyi Key Features Access & Parking: Grand entrance with drop-off zone. 2-level parking for ∼100 cars (underground + 2nd floor) Guest Experience: Expansive luxury lobby lounge, reception/concierge, café, business center area, elevator to all floors Interior: Curated art gallery space, elegant bathrooms with bathtubs *Price or Lease: Call *5% agency commission (buyer pays) *Serious buyers only -- high-ROI opportunity in one of Lagos' most prestigious areas. Bbvic
Old Ikoyi, Ikoyi, Lagos
Charis Estate
6
₦400,000,000/yr
Hotel / guest house for rent
32 Functinal Guest Rooms, Standby Generator with 24 Hours Power Supply
Hotel for sale @Joel Ogunnaike,Ikeja GRA, Lagos a well-established hospitality facility located in a serene and secure environment within Ikeja GRA, Lagos. The property is strategically positioned and closely tied to government and corporate concerns. Key Features: - 32 fully en-suite guest rooms - Standby generator with 24/7 power supply - Swimming pool - Fully equipped gym house - Spacious and serene surroundings - Located in a prime area of Ikeja GRA Land Size: 2,000 square metres Transaction Details: - Annual Rent: ₦500M This property presents a strong opportunity for investors or operators seeking a premium hotel asset in a high-demand government and business district. For more info call 08081182285
Ikeja GRA, Ikeja, Lagos
32 beds
Charis Estate
8
₦35,000,000/yr
Hotel / guest house for rent
Fully Furnished Hotel
For lease Type: Fully Furnished Hotel (18 Rooms) Location: Mobil Road Rent: ₦35,000,000 per annum Condition: Minimum payment of 2 years and above Solid investment opportunity in a prime location. Serious inquiries only.
Mobil Road, Ilaje, Ajah, Lagos
18 beds
18 baths
19 toilets
6 Parking
Trev Limited
20
₦450,000,000/yr
Hotel / guest house for rent
32 Rooms Hotel with Gym, Swimming Pool and Event Lounge
Hotel lease 32 rooms hotel with GYM, swimming pool and event lounge Location: Joel Ogunaike, GRA Ikeja, Lagos Event Lounge / Function Executive Summary An attractive, fully fitted 32‑room hotel in the prestigious GRA Ikeja precinct is available for long‑term lease. The property features guest rooms, a gym, a dedicated swimming pool, and a hotel lounge/function space --- ideal for boutique hotel operators, leisure brands, corporate hospitality groups, investor‑operators seeking immediate market entry in a high‑demand location. Investment & Operational Highlights - Prime GRA Ikeja location on Joel Ogunaike --- excellent accessibility and strong demand from corporate and leisure travellers. - Turnkey hotel operation: 32 guest rooms ready for immediate letting (subject to handover). - Amenities include gymnasium, outdoor/indoor swimming pool, and a dedicated hotel lounge/function space. - Attractive lease term suitable for brand operators seeking long‑term presence without capital acquisition. - Ideal for conversion to boutique lifestyle, business hotel, or premium short‑stay accommodation. Property Specifications & Facilities - Guest Rooms: 32 rooms (mix and sizing to be confirmed on inspection; typically combination of standard and executive rooms). - Leisure Facilities: Fully equipped gym; swimming pool with guest deck. - Events: Hotel lounge / function area available for private booking. - Food & Beverage: Onsite restaurant / breakfast service potential (confirm existing kitchen specification). - Back of House: Staff rooms/quarters, laundry, storage and service areas (subject to verification). - Parking: Onsite guest and staff parking (capacity to be confirmed). - Title & Compliance: Leasehold / landlord‑managed asset --- title and regulatory compliance documentation to be provided during due diligence. Location & Accessibility - Situated within GRA Ikeja --- a sought‑after, secure residential and commercial district with close proximity to corporate offices, government institutions, shopping centres and transport links. - Easy access to Allen Avenue, Obafemi Awolowo / Ogundana and the wider Ikeja business district. Revenue Potential & Use Cases - Core revenue streams: room nights, F&B, events/lounge hire, meetings and ancillary services. - Strong catchment: corporate travelers, event hosts, short‑stay tourists and visiting professionals. - Opportunity to increase adr and occupancy through active sales, corporate contracts and digital distribution channels. Lease terms annual rent: N450 Million Naira Minimum of 4 years rent payable in Advance - Lease Duration: 10 years and more - Interested parties should be financially pre‑qualified; proof of funds and operator credentials will be required. Contact: Highbrow Realty 08164941485
Ikeja GRA, Ikeja, Lagos
32 beds
22 baths
40 toilets
25 Parking
Highbrow Realty
5
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16-Room Guesthouse
Furnished 16-room guesthouse for lease at oniru- victoria island- lagos Available for lease is a beautifully furnished 16-room guesthouse in the prime neighborhood of Oniru, Victoria Island - Lagos with the following features: - Sitting on approximately 1,500sqm - Fully furnished and ready for use - 16 spacious rooms - Standby generators for uninterrupted power - Clean & well maintained swimming pool - Ample parking space - Serene and secure neighborhood..... etc Lease rate: N130,000,000/annum Required Term:5 years (payment required upfront) Interested? Contact: Zircon Realty Global 08144637737, 08090623634
Oniru, Victoria Island (VI), Lagos
16 beds
17 baths
17 toilets
Zircon Realty Global
2
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16-Room Guesthouse
For lease -- furnished 16-room guesthouse - oniru-v.i, lagos Looking for a spacious and fully equipped property on the Island? This beautifully furnished 16-room fully Guesthouse is now available for lease in the prime Oniru neighborhood. Sitting on approximately 1,500sqm, the property comes fully furnished and ready for immediate use. Features include: - 16 spacious rooms - Quality furniture throughout - Standby generators for uninterrupted power - a clean, well-maintained swimming pool - Ample parking space for multiple vehicles - Secure and serene environment Lease Price: N130 Million Naira per annum Tenure: 3--5 years (payment required upfront) Located in a highly sought-after and secure area, this property offers excellent value and a ready-to-use setup for hospitality or residential use. _Terms and conditions apply._ #mryinka.
Oniru, Victoria Island (VI), Lagos
Ticino Group
5
₦130,000,000/yr
Hotel / guest house for rent
Furnished 16 Room Guest House + Swimming Pool
For long lease a Fully Furnished and Tastefully Finished 16 Bedrooms Guest House on approximately 1,500sqm land off Palace Road, Oniru It has the following features and Facilities; *Standby Generators *Swimming Pool *Well paved Premises with ample parking space *Serene and Secured area *Quality Furniture and equipment Rent : N130,000,000 per annum Minimum of three (3) Years Payment Upfront Agency fee--TBD Legal fee--TBD Caution Deposit--TBD contact toplift realtors on 08029763540 or 08078435528
Oniru, Victoria Island (VI), Lagos
16 beds
16 baths
17 toilets
20 Parking
Toplift Realtors
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About Lagos, Nigeria
Lagos is a port and the most populous city in Nigeria. It is the second fastest-growing city in Africa and the seventh in the world. The population of Lagos according to the Lagos State Government, was 17.5 million. These figures are however disputed by the Nigerian Government and judged unreliable by the National Population Commission of Nigeria. The latest reports estimate the population at 21 million, making Lagos the largest city in Africa.
Lagos is a metropolitan area which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. From the beginning, Lagos has expanded on the mainland west of the lagoon and the conurbation, including Ikeja (which is the capital of Lagos) and Agege, now reaches more than 40 kilometres (25 miles) north-west of Lagos Island. Some suburbs include Ikorodu, Epe and Badagry, and more local councils have recently been created, bringing the total number of local governments in Lagos to 57.
FAQ
Frequently asked questions
The average price of furnished hotels / guest houses for rent in Lagos is ₦95,000,000 per annum.
The price of the most expensive furnished hotels / guest houses for rent in Lagos is ₦150,000,000 per annum.
The price of the cheapest furnished hotels / guest houses for rent in Lagos is ₦7,500,000 per annum.
There are 18 available furnished hotels / guest houses for rent in Lagos. You can view and filter the list of property by price, furnishing and recency.
