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Nairobi, Nairobi Central, 22/07
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Sohali Building Commercial Property for Sale in Nairobi CBD
Business Center
Property Type
River road, Nairobi CBD
Address
Furnished
Furnishing
Fairly Used
Condition
1200sqm
Square Metres
1
Parking Spaces
A compelling value-add opportunity to acquire a fully income-producing, three-storey commercial building in Nairobi's established River Road commercial corridor. The Sohali Building offers immediate cash flow certainty with 100% occupancy and a contracted monthly income of`, representing an attractive 12% gross yield at the asking price. This 1,200 sqm asset is strategically positioned near KCB Bank's River Road branch, benefiting from the dense commercial activity, transportation connectivity, and established SME tenant demand that characterizes this traditional business district. While the building requires capital investment for modernization given its current "Old" condition classification, the fully leased status provides income stability during any value-enhancement works.
KSh 69,500,000
Fixed price
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