Commercial property for sale
Abaranje, Alimosho, Lagos
For sale- watch video above
commercial / mixed‑use property for sale ---
abaranje (tarred road)
title: prime corner property with 35 flats & 7 shops ---
ideal for hotel, hospital or residential redevelopment
property summary
- building: 35 self‑contained flats and 7 ground‑floor shops on a prominent corner piece.
- land size: 2 standard contiguous plots --- approx. 2 × 50 ft × 100 ft ≈ 929 sqm (approx. 464.5 sqm per plot). exact area per the registered survey available on request.
- location: abaranje --- directly on a tarred road with excellent vehicular access and street visibility.
- title & documents: registered survey and official receipt in hand.
- ownership: owner alive and ready to transact --- sale can proceed quickly.
- asking price: ₦270,000,000
- net price (after fees/commission): ₦260,000,000
strategic advantages
- corner frontage on a tarred road giving dual-street access, excellent signposting and high footfall.
- existing built asset (35 flats + 7 shops) provides immediate rental income or can be demolished/redeveloped for higher value.
- registered survey reduces title risk and expedites due diligence and closing.
- flexible redevelopment options --- suitable for hospitality, healthcare, large residential scheme, or mixed commercial use.
ideal use cases
- hotel / guest house: convert flats into rooms/suites; shops for f&b, reception or retail.
- hospital / clinic: ample floorspace for wards, consulting rooms, labs and pharmacy.
- residential redevelopment: redevelop into modern apartments, serviced flats or gated units.
- mixed commercial: ground-floor retail with residential or office floors above.
investment highlights
- scale: large footprint (~929 sqm) in a single contiguous holding --- rare in abaranje.
- income & value-add: maintain current rental stream while redeveloping in phases for minimal vacancy loss.
- marketability: corner plots on tarred roads command premium rents and faster tenancy absorption.
- transaction readiness: registered survey + receipt and an owner prepared to sell facilitate a smoother transaction.
additional information (available on request)
- tenancy schedule and current rental income statement
- photographs, floor plans and condition report
- certified exact sqm from the registered survey
- copies of title documents and payment receipts
tags
#abaranje #cornerplot #commercialproperty #hotelsite #hospitalsite #residentialredevelopment #registeredsurvey #lagosrealestate #propertyforsaleall detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
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More details
₦270,000,000
The Build Centre Properties
09028190510