Shop for Sale in Likoni, Mombasa
Likoni offers some of Mombasa's most vibrant retail spaces, strategically positioned to serve both local residents and visitors crossing the ferry channel. The area's commercial property market has shown consistent growth, with retail spaces particularly in demand due to the daily high foot traffic.
About Likoni's Retail Market
The Likoni shopping district stretches along the main roads near the ferry terminal, with concentrated commercial activity around Mtongwe Road and Dongo Kundu Bypass. Retail properties here benefit from:
- Daily commuter traffic exceeding 300,000 people
- Proximity to residential estates like Shika Adabu and Tudor
- Growing middle-class population with disposable income
- Established wholesale and retail trade networks
Available Retail Properties
| Property Type | Size Range | Price Range | Rental Potential |
|---|
| Corner Shop | 30-50 sqm | Ksh 4M - Ksh 8M | Ksh 40,000 - Ksh 80,000/month |
| Retail Store | 50-100 sqm | Ksh 8M - Ksh 15M | Ksh 80,000 - Ksh 150,000/month |
| Shopping Plaza Unit | 20-40 sqm | Ksh 3M - Ksh 6M | Ksh 30,000 - Ksh 60,000/month |
Location Advantages
Shops in Likoni offer distinct competitive advantages:
- Visibility: Most shops enjoy direct roadside frontage along major routes
- Accessibility: Served by multiple matatu routes and pedestrian walkways
- Infrastructure: Reliable electricity supply with majority having three-phase power
- Security: Many properties feature CCTV and private security arrangements
Investment Potential
The average price per square meter for retail space in Likoni ranges between Ksh 80,000 to Ksh 120,000 depending on exact location and property condition. Well-positioned shops can achieve full occupancy within weeks of becoming available.
