For Sale: Prime 3 Storey Commercial Property On Offer, Off Allen Avenue, Ikeja, Lagos (Ref: 3107646)

Prime 3 Storey Commercial Property On Offer

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Property Description

Listing title
For Sale --- Prime 3‑Storey Commercial Property --- Off Allen Avenue, Ikeja C of O ₦750,000,000

Overview
Rare commercial opportunity in one of Ikeja's most sought‑after corridors --- a three‑storey building offered for sale in a prime location off Allen Avenue. Suited to professional office headquarters, medical centre/hospital, diagnostic clinic, training or institutional use, this asset delivers strategic frontage, visibility and accessibility to a large corporate and retail catchment. Title is clean (Certificate of Occupancy) and the property is available for immediate acquisition.

Property summary

- Property type: Commercial building (3 storeys)
- Location: Off Allen Avenue, Ikeja, Lagos --- premium commercial/residential corridor with high footfall and corporate activity
- Asking price: ₦750,000,000 (Seven hundred and fifty million Naira)
- Title: Certificate of Occupancy (C of O) --- certified documents available to qualified buyers
- Availability: Immediate (subject to inspection and completion of sale formalities)

Key features & suitability

- Multi‑floor commercial layout ideal for: corporate offices, medical clinic/hospital, training academy, business centre, co‑working space or mixed commercial use
- Prominent position off Allen Avenue providing good visibility to passing traffic and easy access for staff and clients
- Solid structural core and flexible internal layout suitable for fit‑out to tenant/specification (detailed floor plans and built‑up areas available on request)
- Secure neighbourhood with supporting amenities --- restaurants, banks, retail outlets and business services within easy reach
- Clear title (C of O) supports bank financing and institutional purchase

Investment highlights

- Prime location: Allen Avenue corridor is a high‑demand commercial node with established tenant pool and strong rental comparables --- ideal for income generation or owner‑occupation.
- Versatile asset: The 3‑storey format allows phased occupation (multi‑tenant) or single‑occupier use depending on buyer strategy.
- Value uplift potential: Opportunity to refurbish/specify to premium office or medical standards to capture higher rents and improve capital value.
- Institutional appeal: Clean title and central location suit corporate investors, healthcare groups and professional services firms.

Location & transport benefits

- Excellent access to Ikeja GRA, Allen Avenue, local transport hubs and major arterial roads connecting to the Lagos metropolis and airport.
- Proximity to commercial amenities and corporate headquarters ensures convenience for employees and clients.
- Strong local demand for quality office/clinical space supports quick re‑letting or operational conversion.

Technical & documentation (available on request)

- Title: Certificate of Occupancy (C of O) --- certified copy available for due diligence.
- Additional documents available to qualified buyers: floor plans, as‑built drawings, service records and occupancy details (if tenanted).
- Built‑up area, parking allocation and specific MEP details to be provided on request --- buyers encouraged to request full specifications prior to site visit.

Due diligence & recommended checks

- Verify C of O and chain of title with a solicitor; confirm absence of encumbrances or outstanding rates.
- Technical inspection: structural condition survey, MEP assessment (power, plumbing, HVAC), and compliance checks for intended use (particularly for hospital/medical fit‑out).
- Confirm planning and zoning approvals for intended commercial use with Lagos State planning authorities.
- Check utility connections, generator capacity, water supply and any estate or municipal levies.

Sale process & viewing

- Viewings: By appointment only for qualified buyers --- proof of funds or bank reference required prior to detailed document release and inspection.
- Offers: Submit a Letter of Intent (LOI) with buyer profile and proof of funds. Shortlisted buyers will be given the full dossier and invited for inspection.
- Transaction: Heads of Terms and solicitor‑led conveyancing will follow acceptance of offer; standard fees and taxes apply.

Ideal buyers

- Corporate occupiers seeking a strategic HQ in Ikeja
- Healthcare operators (clinics, diagnostic centres, small hospitals) requiring central access and visibility
- Investors seeking commercial rental income or value‑add refurbishment opportunities
- Training institutions, call centres or co‑working operators

All information is provided in good faith and should be independently verified. The seller reserves the right to negotiate terms and to accept an offer at any time.

Ref: Nnedu


Property Details

Property Ref: 3107646Added On: 22 Sep 2025Last Updated: 22 Sep 2025
Market Status: AvailableType: Commercial Property   

Interesting Facts

Ikeja is home to the biggest Information Communications Technology market in Africa; Computer village. Muhammed International Airport is also located in Ikeja. The legendary Fela Anikulapo Kuti lived and still has all his belongings in his house which has been converted into a museum.

Leisure and Shopping

Ikeja is home to the largest mall on the Lagos mainland. The Ikeja City Mall, also known as ICM, is Nigeria's busiest shopping mall. Within the mall, there are numerous clothing stores, restaurants, book stores, lounges, cinemas, and other notable fun destinations.

Popular Estates

The quality of the estates in Ikeja will blow your mind. Living within most of them means that you'd be living in the same area as highly respected government parastatals. Awuse Estate, Alausa Royal Estate, Orchid Court Estate and Brown's Court are some of the best examples.

Day Life

Fela Kuti's former home, the Kalakuta Republic Museum, is a great place to learn about the musician while he was alive. The Silverbird Cinema at ICM and Viva Cinemas at Jara Shopping Mall both have recently released films. Ikeja's many parks are ideal for picnics, hangouts, get-togethers, and group meetings.

Night Life

The New Afrika Shrine is an open-air entertainment centre where Fela Kuti's children perform. Rumors nightclub, Cubana, Crescendo bar, Carlsbad Lounge and nightclub, Club Invogue, Club Uno, and Liquid Lounge are some of the clubs available.

Schools

Schools in Ikeja have consistently ranked in the top positions over the years, thanks to excellent learning infrastructure and experienced teachers. Many of them adhere to the British educational system, which draws international students. Ikeja is also home to Nigerian Police Training School, the Nigerian Police College, and the Nigeria Police Training College.

Read the full area guide for Ikeja, Lagos.

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