For Sale: Six-floor Commercial Building With Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos (Ref: 3256060)

Six-floor Commercial Building With Rooftop & Redevelopment Potential

  • Six-floor Commercial Building with Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos, Plaza / Complex / Mall for Sale
  • Six-floor Commercial Building with Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos, Plaza / Complex / Mall for Sale
  • Six-floor Commercial Building with Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos, Plaza / Complex / Mall for Sale
  • Six-floor Commercial Building with Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos, Plaza / Complex / Mall for Sale
  • Six-floor Commercial Building with Rooftop & Redevelopment Potential, Broad Street, Lagos Island, Lagos, Plaza / Complex / Mall for Sale
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Property Description

A rare opportunity to acquire a six-floor commercial building positioned within one of Lagos' most active business corridors. This asset offers substantial lettable space and sits on a sizable land parcel, making it ideal for renovation, repositioning, or full redevelopment to modern commercial standards.

Located on Broad Street, Lagos Island, the property benefits from strong footfall, excellent connectivity, and proximity to major financial institutions and commercial activities. While the building is older and requires renovation, it presents significant upside for investors or owner-occupiers seeking to customize the space for offices, co-working, hospitality, mixed-use, or institutional purposes.

Location: Broad Street, Lagos Island, Lagos
Title: Registered Deed with Lagos State

Key Metrics:

Total Lettable Space: Approx. 2,495 sqm (includes open rooftop area)

Configuration: 6 Floors + Rooftop

Land Size: 1,468 sqm

Investment Highlights:

Prime commercial address in a high-demand zone

Suitable for offices, co-working hub, hotel, or redevelopment

Strong visibility and access within Lagos Island CBD

Flexible usage and customization potential post-renovation

Price Option:

Outright Purchase: ₦3.8 Billion

A compelling value-add commercial play in a core Lagos business district with long-term appreciation potential.

Call Now to Schedule a Private Inspection
The Main Properties Ltd

Contact: 08075066919, 08134731529
Email: [email protected]

Website: themainproperties.com.ng


Property Details

Property Ref: 3256060Added On: 16 Dec 2025Last Updated: 16 Dec 2025
Market Status: AvailableType: Plaza / Complex / MallToilets: 40
Parking Spaces: 40Total Area: 2,495 sqmCovered Area: 1,468 sqm

Interesting Facts

Lagos Island holds a treasure trove of interesting facts. Historically, it was the vibrant hub of the Brazilian Quarter in Lagos. Moreover, it's the exclusive host of the culturally significant Eiyo Festival. Adding to its charm, Lagos Island is also home to the transformed Freedom Park, originally a colonial-era prison. Notably, it serves as the esteemed headquarters for many Nigerian banks.

Leisure and Shopping

Lagos Island presents an exciting array of leisure and shopping opportunities. Those seeking unique finds can delve into the lively markets, including Balogun Market, where a wide range of items, from textiles to souvenirs, await exploration. Moreover, the island features contemporary shopping destinations such as The City Mall, Onikan Shopping Complex, and Mandillas Mall. As for leisure, Freedom Park and The Tom Jones Memorial Library offer tranquil retreats from the city's bustling pace, ensuring a diverse array of options to escape the urban hustle.

Popular Estates

Lagos Island is graced by a selection of distinguished residential estates, each presenting a unique lifestyle. From the luxurious ambiance of Banana Island to the contemporary conveniences of Oniru Estate, these upscale communities cater to a variety of preferences. Additional notable estates include The Address Homes, Gold Coast Estate, Parkview Estate, Dolphin Estate Phase II, LSDPC Housing Estate Phase 1, and Barnabas Gemade Housing Estate, further enhancing the island's reputation as a haven for exclusive living.

Day Life

Lagos Island comes alive during the day, providing a wide range of activities to captivate and entertain visitors. Whether you're in search of cultural immersion, a journey through history, or a glimpse into local life, this dynamic urban hub has something for everyone. You can venture to Freedom Park, Tinubu Square, Astro Soccer Nig Ltd, Harmony Garden, and when it's time to savor delicious food, options like Amala Place and Lagos Kitchen await your taste buds, among many other choices.

Night Life

Lagos Island boasts a vibrant nightlife scene with numerous entertainment options. From high-energy nightclubs like Quilox to beach parties at Tarkwa Bay, rooftop bars with panoramic views, live music venues like Terra Kulture, street food markets, cultural events, comedy clubs, karaoke bars, art galleries, and even boat parties along the coastline, there's something for everyone to enjoy. Just be sure to stay safe and soak in the lively atmosphere of this bustling nightlife hub.

Schools

Lagos Island boasts a rich educational landscape, encompassing esteemed institutions such as Dolphin High School, The Nectary Schools, Adebabs Inland Montessori School, King Ado Senior High School, and King's College, all of which play a pivotal role in shaping a promising future for the youth.

Read the full area guide for Lagos Island, Lagos.

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Disclaimer

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