Commercial Property for Sale in Makadara

Prime Business Opportunities in Nairobi's Thriving Sub-County

Showing 1 of 1 Updating...
Updating results...
Prime Commercial Property - Image 1 Prime Commercial Property - Image 2 Prime Commercial Property - Image 3 Prime Commercial Property - Image 4
4

KES 11,500,000

Prime Commercial Property

Bahati / Makadara, Makadara, Nairobi

1,200.00 sqm
Parking 24/7 Security

Makadara offers some of Nairobi's most promising commercial property investment opportunities, with a mix of retail spaces, offices, and light industrial properties. Strategically located near the city center and major transport routes, commercial properties here attract steady foot traffic and business activity. Current listings include standalone shops from Ksh 15 million, office spaces from Ksh 8,000 per sq ft, and warehouses with loading bays ideal for distribution businesses.

Commercial Property for Sale in Makadara

Makadara sub-county presents diverse commercial real estate opportunities in Nairobi's bustling eastern corridor, offering a compelling entry point for investors looking to discover commercial property for sale in a strategic location. The area's positioning along major transport routes including Jogoo Road and Enterprise Road makes it ideal for retail, office, and light industrial investments.

Business Environment in Makadara

Makadara hosts a vibrant mix of businesses including wholesale traders, manufacturing SMEs, and service providers. The area benefits from high pedestrian traffic due to its dense residential neighborhoods and proximity to the Industrial Area. Major landmarks include the Makadara Law Courts and numerous government offices that drive consistent daytime economic activity, creating a dynamic environment for those looking to explore commercial property for sale in Nairobi beyond the central business district.

Commercial Properties by Type

Property TypeAverage Price RangeKey LocationsROI Potential
Retail ShopsKsh 15M - Ksh 50MAlong Jogoo Road, Maringo8-12% annually
Office SpacesKsh 7,500 - Ksh 12,000/sq ftNear courts, Bahati7-10% annually
Light Industrial/WarehousesKsh 30M - Ksh 120MIndustrial Area border10-15% annually

Investment Considerations

  • Zoning: Mixed-use zoning allows flexible business operations
  • Accessibility: Excellent public transport via matatus and buses
  • Parking: Limited street parking; properties with dedicated parking, such as a potential Bahati Makadara parking lot, command premium prices
  • Future Growth: Ongoing road expansions expected to increase property values
  • Security: Varied by neighborhood; gated properties preferred by tenants

Neighboring Commercial Hubs

Makadara borders several key commercial areas that influence its property values. Investors often compare its value proposition with emerging markets like the explore Kikuyu market, the bustling explore Juja market, and the established explore Kiambu Kiambu market. Its immediate neighbors include:

  • Industrial Area: Major warehouse and manufacturing district to the west
  • CBD: Just 5km away with spillover demand for affordable office space, making an office in Bahati Makadara a highly attractive option for cost-conscious businesses.
  • Embakasi: Growing retail and logistics hub to the east

The high-density Bahati neighborhood is a particularly active micro-market within Makadara. Investors can browse Bahati Makadara properties, which range from standalone retail shops to larger developments like a modern Bahati Makadara shopping mall. For those considering a ground-up development, there are also opportunities to browse related land for sale in the sub-county.

Frequently Asked Questions

Commercial properties in Makadara typically offer rental yields between 8-12% annually, with retail spaces at the higher end of this range due to strong foot traffic demand.
Foreign investors can freely purchase commercial property in Makadara under Kenyan law. However, leasehold properties may have restrictions depending on remaining lease terms.
Essential utilities to confirm include: three-phase electricity connection (minimum 60A), reliable water supply (check borehole status if municipal supply is inconsistent), proper sewerage connections or septic capacity, and fiber optic internet availability for modern offices.
Properties with dedicated parking spaces command premiums of 15-25% over similar properties without parking. Limited street parking in busy areas makes on-site parking highly valuable for attracting quality tenants.
Top features tenants seek include: high visibility storefronts (for retail), flexible floor plans (for offices), loading bays (for warehouses), backup generators, and security systems. Properties near major roads or transport hubs also rent faster.