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Prime 18-Room Hotel for Sale on 830 sqm -- Ajao Road, Ikeja, Lagos
An exceptional investment opportunity awaits with this fully functional 18-room hotel strategically located along the busy and highly sought-after Ajao Road in Ikeja, Lagos. Sitting on a generous land size of 830 square meters, this property offers both commercial appeal and long-term value in one of Lagos' most vibrant business and hospitality districts.
Key Features:
18 well-appointed, en-suite guest rooms designed for comfort and convenience
Reception/lobby area, bar/lounge, restaurant space, and kitchen
Ample parking space within the compound
Borehole and water storage facilities
Steady power supply with backup generator
Title: Certificate of Ownership
Ideal for investors, hotel operators, or developers looking to reposition or expand
Location Highlights:
Directly on Ajao Road, offering high visibility and accessibility
Proximity to Murtala Muhammed International Airport, major hotels, banks, and business hubs
In a secure and bustling area with high foot traffic
This property presents a rare chance to acquire a lucrative hospitality asset in the heart of Ikeja -- perfect for immediate operation or redevelopment.
Property Ref: 2916355 | Added On: 11 Jun 2025 | Last Updated: 13 Jun 2025 |
Market Status: Available | Type: Hotel / Guest House | Bedrooms: 18 |
Bathrooms: 12 | Toilets: 22 | Parking Spaces: 12 |
Total Area: 830 sqm |
Ikeja is home to the biggest Information Communications Technology market in Africa; Computer village. Muhammed International Airport is also located in Ikeja. The legendary Fela Anikulapo Kuti lived and still has all his belongings in his house which has been converted into a museum.
Ikeja is home to the largest mall on the Lagos mainland. The Ikeja City Mall, also known as ICM, is Nigeria's busiest shopping mall. Within the mall, there are numerous clothing stores, restaurants, book stores, lounges, cinemas, and other notable fun destinations.
The quality of the estates in Ikeja will blow your mind. Living within most of them means that you'd be living in the same area as highly respected government parastatals. Awuse Estate, Alausa Royal Estate, Orchid Court Estate and Brown's Court are some of the best examples.
Fela Kuti's former home, the Kalakuta Republic Museum, is a great place to learn about the musician while he was alive. The Silverbird Cinema at ICM and Viva Cinemas at Jara Shopping Mall both have recently released films. Ikeja's many parks are ideal for picnics, hangouts, get-togethers, and group meetings.
The New Afrika Shrine is an open-air entertainment centre where Fela Kuti's children perform. Rumors nightclub, Cubana, Crescendo bar, Carlsbad Lounge and nightclub, Club Invogue, Club Uno, and Liquid Lounge are some of the clubs available.
Schools in Ikeja have consistently ranked in the top positions over the years, thanks to excellent learning infrastructure and experienced teachers. Many of them adhere to the British educational system, which draws international students. Ikeja is also home to Nigerian Police Training School, the Nigerian Police College, and the Nigeria Police Training College.
Read the full area guide for Ikeja, Lagos.
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