Commercial Building for Sale in Kariakoo

Commercial Building for Sale in Kariakoo - 1
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Price Analysis Above Market

Based on 74 similar listings

Market Demand

High Demand

Details

Address
Kariakoo, Congo and muhoro
Condition
Fairly Used
Furnishing
Unfurnished
Property Type
Business Center
Square meters
279 sqm
Parking Spaces
5

Commercial Building for Sale in Kariakoo Highlights

  • Prime Location in Kariakoo: Kariakoo is a bustling commercial hub known for its vibrant markets and high foot traffic. Properties here benefit from excellent accessibility and proximity to essential services, making them ideal for business.
  • Generous Square Meterage: With 279 square meters, this property offers substantial space for various commercial operations. This allows for flexible layout design and ample room for inventory, staff, or customer areas.
  • Dedicated Parking Availability: The inclusion of 5 parking spaces is a significant advantage in a busy commercial area like Kariakoo. This ensures convenience for customers and staff, reducing potential parking-related issues.
  • Business Center Potential: As a property zoned for a business center, it's well-suited for a variety of commercial enterprises. This includes offices, retail spaces, or service-oriented businesses looking for a strategic location.
  • Unfurnished for Customization: The unfurnished state allows for complete customization of the interior to match specific business needs and branding. This provides a blank canvas for creating a unique and functional workspace.

Description

• Corner plot measuring 279 sqm located at the intersection of Muhoro and Congo streets. • Newly constructed building with potential for three additional floors and a provision for a lift. • The entire building is currently occupied by tenants, and the sale includes existing tenancy agreements. • Annual rental income is TZS 120,000,000. • The property can be continued with existing tenants or converted into apartments; the current layout is a hall, allowing for flexible partitioning. • Includes a Title Deed document. • Located in a busy commercial area of Kariakoo, offering high visibility and foot traffic.

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ConditionFairly UsedFairly UsedFairly Used
Property TypeBusiness CenterFactoryFactory
FurnishingUnfurnishedUnfurnishedFurnished
AddressKariakoo, Congo and muhoroMsataBagamoyo
Square meters279 sqm200,000 sqm60,000 sqm
Parking Spaces5——
PriceTSh 4,500,000,000TSh 5,797,000,000TSh 4,539,000,000