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Overview
A solid, well-constructed two-level building with 8 standard rooms (4 upstairs and 4 on the ground floor) located at Olopomeji Bus Stop, opposite the V.I.O Office, off Shagamu Road, Odogunyan, Ikorodu. This versatile property presents an exceptional opportunity for investors or owner-occupiers seeking a ready asset suitable for schools, clinics, hotels/guest houses, serviced apartments, or multi-family residential use.
Key features
- 8 standard bedrooms (4 upstairs, 4 downstairs) --- flexible layout for conversion
- Durable construction --- structurally sound and immediately usable
- Convenient, high-footfall location at a major bus stop with excellent road access
- Clear title: Registered Survey, Deed of Assignment, Family Papers
- Ideal for institutional and commercial use due to accessibility and visibility
Location benefits
- High commuter traffic and strong visibility for businesses
- Close to major transport routes (Shagamu Road) facilitating easy access to Ikorodu and Lagos mainland
- Proximity to residential communities ensures steady demand for rental or institutional services
Potential uses and conversion ideas
- Private school or tutorial center: classrooms, admin office, staff room, playground (if grounds allow)
- Clinic/health center: reception, consulting rooms, treatment room, pharmacy area
- Guest house/hotel or short-let serviced apartments: convert rooms to ensuite units, create common reception/dining area
- Multi-family residential: subdivide or lease individual rooms/apartments
Documents and transaction readiness
- Registered Survey
- Deed of Assignment
- Family PapersAll documents are ready for verification; sale can proceed subject to standard due diligence.
Viewing & contact
For inspection and enquiries, please contact: [Insert phone/WhatsApp] or email: [Insert email]. Viewings by appointment only.
Price: ₦50,000,000 (Asking). Serious buyers only.
- Invest in Ikorodu: 8-Room Building at Olopomeji Bus Stop --- ₦50M
- Prime Conversion Opportunity --- 8-Room Building for Sale, Olopomeji Bus Stop, Ikorodu
- Ready Asset for School/Clinic/Hotel --- 8-Room Property Opp. V.I.O Office, Odogunyan
Ref: Pastor
| Property Ref: 3183777 | Added On: 04 Nov 2025 | Last Updated: 04 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 8 |
| Bathrooms: 4 | Toilets: 4 |
It is interesting to note that Ikorodu is the fastest growing suburb of Lagos metropolis, owing to the increasing influx of people from surrounding villages attracted by the town’s proximity to Lagos. Ikorodu has brought about the rise of popular personalities and the largest power generating station in Nigeria is also located in Ikorodu.
Residents in this neighborhood can be sure of an overall pleasant and exciting shopping experience. For open-air shopping, visit Sabo market or Elepe Community market. For indoor shopping, explore Justrite Superstore and Grocery Bazaar Limited.
In Ikorodu, there are a plethora of estates with enticing property pricing. Consider Valleyview Estate, Greenleaf Estate, Treasure Island Estate, Diamond Estate, and Springview Estate while making your decision.
Ikorodu residents do not have to look far to locate hotspots where they can relax, have fun, and spice up their social life. The Oshodi Art Gallery, The Origin Gardens, Dream Park and Gardens are all fantastic places to start. You can also wine and dine at Chicken Republic, Magrellos fast food, and Dominos Pizza.
Ikorodu features a number of clubs and pubs that offer a fun nightlife. All you have to do now is choose. At Haven Lounge & Club, The Place Lounge, and Anchor Point Grills, the party never ends.
Parents who reside in Ikorodu and want to provide their children with a high-quality education will be relieved to find that there are several good schools to select from. Some examples are Landmark College, Great Joy Schools, Unique Blossom Schools, and Lighthouse International Schools.
Read the full area guide for Ikorodu, Lagos.
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