Residential House with 10 Commercial Units
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Price Analysis Fair Price
Based on 23 similar listings
Market Demand
High Demand
Details
- Address
- Lanet-olkalou
- Condition
- Fairly Used
- Furnishing
- Furnished
- Property Type
- Business Center
- Square meters
- 100 sqm
Residential House with 10 Commercial Units Highlights
- Strategic Location Potential: Commercial properties often benefit from high visibility and accessibility, attracting a steady flow of customers and clients. Proximity to main roads, public transport, and residential areas can significantly boost business success.
- Versatile Business Space: A business center with multiple commercial units offers flexibility for various enterprises, from retail shops to offices or service providers. This diversification can create a vibrant commercial hub.
- Income Generation Potential: Owning a property with multiple commercial units allows for diverse rental income streams. This can provide a stable and potentially high return on investment for property owners.
- Infrastructure & Utilities: Reliable access to essential utilities like electricity, water, and sanitation is crucial for commercial operations. Properties in established areas typically have better infrastructure.
- Property Condition & Maintenance: The overall condition of a commercial property impacts its appeal and operational costs. Regular maintenance is essential to preserve value and ensure tenant satisfaction.
Description
• Residential house features a three-bedroom unit and five bedsitter units. • Five commercial units face a busy road, ensuring high visibility and foot traffic. • All units are en-suite and served by a 1000-liter underground water tank. • Commercial units collectively generate KES 70,000 monthly. • Property is located in Lanet-Olkalou, a developing area with commercial potential. • Total property size is 100 square meters, suitable for mixed-use development.