Plaza Commercial Property for Sale in Majengo, Mvita
Majengo in Mvita sub-county is one of Mombasa's most vibrant commercial areas, offering excellent opportunities for investors seeking plaza properties. The area boasts high foot traffic, diverse business activities, and convenient access to major transportation routes.
About Majengo Commercial Area
Majengo is strategically located near the Mombasa Island central business district, making it a prime location for commercial activities. The area features:
- High pedestrian traffic from both local residents and visitors
- Proximity to major landmarks and transport hubs
- A mix of retail shops, offices, and service businesses
- Growing demand for quality commercial spaces
Available Plaza Properties
Current plaza properties in Majengo offer:
| Property Feature | Details |
| Size Range | 1,500 - 5,000 sq ft per unit |
| Price Range | Ksh 30 million to Ksh 150 million |
| Price per Sq Ft | Ksh 20,000 - Ksh 30,000 |
| Rental Income Potential | Ksh 150,000 - Ksh 500,000 monthly per unit |
| Typical ROI Period | 5-8 years |
Location Advantages
The Majengo area offers several benefits for commercial property investors:
- High Visibility: Properties are located along busy streets with excellent exposure
- Amenities: Nearby banks, restaurants, and public transport options
- Security: Well-patrolled area with private security options available
- Growth Potential: Ongoing infrastructure improvements in the area
Investment Considerations
When investing in plaza properties in Majengo:
- Verify title deed status (most are freehold)
- Check existing tenancy agreements if purchasing occupied units
- Consider parking availability (some properties offer basement parking)
- Evaluate power supply capacity (3-phase available in most buildings)
