200x200ft Property with Flats, Warehouses, Shops for Sale

200x200ft Property with Flats, Warehouses, Shops for Sale - 1
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Price Analysis Fair Price

Based on 10 similar listings

Market Demand

High Demand

Details

Address
100 Dennis Osadebey way, beside old Nitel, Asaba
Condition
Old
Furnishing
Unfurnished
Property Type
Plaza
Square meters
3,716 sqm

200x200ft Property with Flats, Warehouses, Shops for Sale Highlights

  • Prime Commercial Location: Properties situated on major roads often benefit from high visibility and accessibility, attracting more customers and facilitating logistics.
  • Versatile Property Layout: A mixed-use property with flats, warehouses, and shops offers diverse income streams and caters to a wide range of business needs.
  • Significant Land Area: A large land area provides ample space for current operations and potential future expansion or development.
  • Established Infrastructure: Commercial properties in developed areas typically have access to essential utilities like water and electricity, crucial for business operations.
  • Potential for Renovation: Older properties can be an excellent opportunity for modernization, allowing owners to customize the space to modern standards and increase its value.

Description

• Prime commercial property measuring 200x200ft, featuring a mix of residential flats, substantial warehouse space, and retail shops. • Located at 100 Dennis Osadebey Way, Asaba, adjacent to the old Nitel building, offering excellent visibility and accessibility. • The property is situated in a busy commercial area within Oshimili South, ideal for diverse business operations. • Offers significant potential for rental income from residential units, warehouse storage, and shopfronts. • The existing structure is described as 'Old' and 'Unfurnished', indicating a need for modernization or renovation to suit specific business needs. • Total square meters of the property is 3716, providing ample space for various commercial and residential purposes. • This plaza-style property is well-suited for investors looking for a substantial commercial asset in a strategic location.