Parking Lot for Sale in Likoni, Mombasa
Likoni presents exceptional commercial parking investment opportunities due to its strategic position connecting mainland Mombasa to the South Coast. The area experiences heavy vehicular traffic daily, creating consistent demand for secure parking solutions.
About Likoni's Parking Market
The Likoni commercial parking sector serves multiple user groups including ferry commuters, local businesses, and South Coast tourists. With limited available land for expansion and growing vehicle ownership rates, well-located parking facilities maintain high occupancy rates throughout the year.
Available Parking Properties
| Property Type | Size Range | Price Range | Capacity |
|---|---|---|---|
| Surface Parking Lot | 1,000-5,000 sq ft | Ksh 5M-20M | 10-50 vehicles |
| Multi-Level Car Park | 5,000-15,000 sq ft | Ksh 20M-50M | 50-150 vehicles |
| Secure Vehicle Storage | 500-2,000 sq ft | Ksh 3M-15M | 5-20 vehicles |
Location Advantages
- Proximity to Likoni Ferry (500m-2km radius)
- 24/7 security availability
- Easy access to Mombasa-Nairobi highway
- Growing commercial developments nearby
- High daily turnover of vehicles
Investment Potential
A well-managed parking facility in Likoni can generate monthly rental income of Ksh 80,000 to Ksh 500,000 depending on size and location. Many operators achieve full ROI within 4-7 years through a combination of daily parking fees and monthly contracts with local businesses.