Description
DISTRESS SALE: Prime Commercial Property For Sale on Kirinyaga Road, Nairobi CBD — Ksh 85M
If you are looking for a prime commercial property in Nairobi’s Central Business District, this is one of the most strategic locations you will find on the market today.
This property is sitting directly on Kirinyaga Road — one of Nairobi’s busiest and most recognised commercial corridors.
Asking price is Ksh 85 million.
LOCATION
✅ The property touches Kirinyaga Road directly, giving it maximum visibility and frontage on a high-traffic commercial street.
✅ It has access from two additional back streets, making it easy for tenants, customers, and suppliers to access from multiple directions.
✅ Kirinyaga Road is a hub for wholesale trade, retail, light manufacturing, and logistics. Businesses here benefit from constant daily footfall and vehicle traffic.
WHAT IS ON THE PROPERTY
✅ The current structure is a flat with guest rooms, meaning the property is already generating income.
✅ A new owner can choose to retain the current use and collect rent immediately, or redevelop the site to maximise returns.
✅ The plot size is 50 by 100 feet, offering sufficient ground coverage for a multi-storey commercial development.
TENURE AND TITLE
✅ The property is on a leasehold title with 20 years remaining.
✅ For a developer or investor with a medium-term horizon, 20 years is sufficient to build, operate, and recover full investment from a commercial development in this location.
✅ Leasehold properties on Kirinyaga Road rarely come to market at this price point.
WHY THIS IS A SMART INVESTMENT
✅ Kirinyaga Road is not a secondary street. It is a primary commercial artery in Nairobi CBD, with direct links to River Road, Racecourse Road, and the wider city centre.
✅ The dual back street access adds significant value — most CBD plots have single-point access only.
✅ The existing structure means zero waiting time. A buyer can start earning from day one while planning any future redevelopment.
✅ At Ksh 85 million for a 50 by 100 plot on Kirinyaga Road with existing income, this is competitively priced for the location.
✅ CBD land in Nairobi continues to appreciate. This is both a short-term income asset and a long-term land banking opportunity.
TERMS
Direct to the owner
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