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FOR SALE- watch video above
Spacious 8-Room Building for Sale --- Prime Conversion Opportunity
(Olopomeji Bus Stop, Odogunyan, Ikorodu)
Price: ₦50,000,000
Property Overview
A solid, two-level building comprising 8 standard rooms --- 4 bedrooms upstairs and 4 bedrooms on the ground floor. Well-located at Olopomeji Bus Stop (opposite the V.I.O Office) off Shagamu Road in Odogunyan, Ikorodu, Lagos. The property is structurally sound and offers immediate earning or conversion potential for commercial or residential uses.
Key Features
- 8 standard rooms: 4 upstairs, 4 downstairs
- Durable construction and ready for occupation or renovation
- High-visibility site facing a major bus stop --- excellent footfall and accessibility
- Clear title documents available: Registered Survey, Deed of Assignment, Family Papers
- Ideal for conversion to: private school, clinic/health centre, guest house/hotel, serviced apartments, or multi-family residential units
Location
Olopomeji Bus Stop, Opposite V.I.O Office, off Shagamu Road, Odogunyan, Ikorodu, Lagos --- strategic position with easy road access to Ikorodu and surrounding communities.
Potential Uses / Investment Opportunities
- School or tutorial centre: convert rooms to classrooms and administrative offices
- Clinic or health facility: reception, consulting/treatment rooms, pharmacy area
- Guest house or small hotel: adapt rooms to ensuite or shared accommodation, add reception/dining space
- Serviced apartments or rental units: refit rooms with kitchenettes and bathrooms for short/long-term lets
Documents & Title
- Registered Survey
- Deed of Assignment
- Family PapersAll documents are on hand for verification and due diligence.
Asking Price & Negotiation
Price: ₦50,000,000 (Asking). Price is competitive for the location and ready documentation. Serious offers will be considered; negotiations possible for quick and verifiable buyers.
Viewing & Transaction
- Viewings by appointment only.
- Prepare proof of funds or a serious-buyer introduction for faster scheduling.
- Seller requests that solicitors or buyer representatives be identified before document release.
Contact
For more information, to request a viewing, or to receive scanned copies of title documents, please contact: [Insert name] --- Phone/WhatsApp: [Insert number] --- Email: [Insert email]
Photo & Inspection Checklist (recommended for listing and viewings)
- Front elevation (full building) and frontage showing bus-stop orientation
- Main entrance and entrance pathway
- Each bedroom (4 upstairs, 4 downstairs) with notes on dimensions if available
- Staircase and circulation areas
- Bathrooms and any kitchen or utility areas
- Surrounding environment and immediate road access (show proximity to V.I.O Office)
- Clear photos of title documents (provide to serious buyers only)
Pre-Viewing Preparation (recommended)
- Clean and declutter all rooms; remove personal items
- Complete minor repairs and touch-up painting where needed
- Ensure good natural and artificial lighting for photos and inspections
- Have copies of documents ready for inspection by serious buyers
Ref: Pastor
| Property Ref: 3183781 | Added On: 04 Nov 2025 | Last Updated: 04 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 8 |
| Bathrooms: 8 | Toilets: 8 |
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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