Open Space Commercial Property for Sale in Magarini, Kilifi

Flexible Workspace Solutions in a Growing Business Hub

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KES 200,000,000

Prime 4 Acres Piece of Land SABAKI Behind Gas Go Station

Sabaki, Magarini, Kilifi

Parking Parking 24/7 Security

Magarini in Kilifi County offers excellent opportunities for commercial property investors seeking open space solutions. These flexible workspaces cater to modern businesses needing adaptable layouts for offices, retail, or mixed-use purposes. With competitive pricing starting from Ksh 8 million, these properties provide strong rental yields and capital appreciation potential in Kilifi's growing economy.

Open Space Commercial Property for Sale in Magarini

Magarini presents unique investment opportunities with its versatile open space commercial properties. These flexible workspaces are ideal for businesses looking to establish a presence in Kilifi's growing commercial sector.

About Magarini's Commercial Market

The commercial property market in Magarini is experiencing steady growth, driven by increasing business activity and infrastructure development. Open space properties are particularly sought after by:

  • Startups needing flexible office solutions
  • Retail businesses requiring customizable layouts
  • Service providers wanting open plan workspaces
  • Investors seeking properties with multiple tenant potential

Available Open Space Properties

Property Type Size Range Price Range ROI Potential
Open Plan Office Space 800-2,000 sq ft Ksh 8M - Ksh 20M 8-12% annually
Flexible Retail Space 1,000-3,000 sq ft Ksh 10M - Ksh 25M 7-10% annually
Mixed-Use Open Space 1,500-5,000 sq ft Ksh 15M - Ksh 40M 9-14% annually

Location Advantages

Magarini's commercial properties benefit from:

  • Proximity to major roads and transportation routes
  • Growing local customer base and business community
  • Adequate parking facilities for employees and customers
  • Reliable utility connections including three-phase power options
  • 24/7 security provisions in most commercial developments

Investment Considerations

The average price per square foot for open space commercial property in Magarini ranges between Ksh 8,000 to Ksh 12,000 depending on:

  • Exact location within Magarini
  • Property condition and finishes
  • Availability of amenities like parking and loading bays
  • Title deed status (most have clean freehold titles)

Frequently Asked Questions

Open space commercial properties in Magarini typically offer rental yields between 7-12% annually, depending on location and property condition. Prime locations near major roads can command higher rents.
Most open space properties in Magarini are zoned for general commercial use, allowing for offices, retail, and light service businesses. However, we recommend verifying specific zoning with the county government before purchase.
Kilifi County has several planned infrastructure projects including road upgrades and improved utility connections that are expected to enhance accessibility and increase property values in Magarini over the next few years.
Yes, many open space properties can be flexibly partitioned to accommodate multiple tenants. This is a common practice that can significantly increase rental income potential.
Most commercial properties feature perimeter walls, guarded access points, CCTV surveillance systems, and some have alarm systems. Security standards vary by property so we recommend inspecting each individually.