Commercial property for sale
Recreational & Entertainment Investment Property
An exceptional opportunity to acquire a fully operational lounge and bar sitting on a sprawling one-acre parcel of land in one of Sagamu's busiest commercial corridors---Hospital Road. The location enjoys high vehicular and pedestrian traffic, offering excellent visibility and strong business potential. Beyond the existing business, the property presents significant expansion opportunities. A substantial portion of the land remains undeveloped, creating immense value for an investor looking to introduce complementary ventures such as luxury short-let apartments, Airbnb units, a boutique hotel extension, event spaces, private villas, or recreational facilities to maximize returns. The growing demand for short-term accommodation within and around Sagamu further enhances its investment appeal. Property Highlights: Fully established lounge and bar business Situated on approximately one acre of land Prime location along the ever-busy Hospital Road, Sagamu Excellent accessibility and commercial visibility Large undeveloped portion with multiple development possibilities Ideal for Airbnb apartments, short-let accommodation, boutique hospitality, or mixed-use development Strong income-generating and capital appreciation potential Whether you are an investor seeking an immediate cash-flow asset or a developer looking to unlock additional value through expansion, this property offers a rare combination of an existing business, premium location, and vast future possibilities. A strategic investment where hospitality, entertainment, and real estate development converge in one of Ogun State's fastest-growing commercial hubs.
