Likoni Mall – Proposed Commercial Development Site Commercial Land For Sale
AvailableDevelopment Ready

Likoni Mall – Proposed Commercial Development Site Commercial Land For Sale

Undeveloped Likoni parcel with a proposed mall concept, positioned to serve the densely populated south Mombasa market that remains chronically underserved by formal retail infrastructure.

Likoni
0.74 Acres

0.74 Acres

Total Area

KES 200,000,000

Asking Price

Development Ready

Category

Executive Summary

Likoni is one of Mombasa's most densely populated mainland suburbs, home to over 200,000 residents who currently depend on informal markets and must cross the Likoni Ferry channel to access formal retail in Mombasa Island. The Likoni Bypass (Southern Bypass) infrastructure investment has significantly improved road access to this area, opening it up to formal commercial development for the first time at scale. This 0.74-acre undeveloped plot carries a proposed mall concept, reflecting the land owner's vision for the highest and best use – a neighbourhood retail centre serving fast-moving consumer goods, financial services, and lifestyle retail for the mass-market Likoni consumer. The plot size suits a compact 2–3 storey retail and commercial building of approximately 3,000–4,000 sqm GLA. Anchor tenants such as Naivas, QuickMart, or Equity Bank are actively expanding in underserved satellite towns. Mombasa County's tourism economy and its role as Kenya's primary port city underpin long-term demand fundamentals. Availability Status: Available – Immediate Confidentiality Level: Qualified Investors Only Highest & Best Use: Commercial/Retail Centre, Mixed-Use (Retail + Residential), Strip Mall Distance to CBD (Mombasa): ~3km via Likoni Ferry | ~15 minutes Nearest Major Road: Likoni Road, Southern Bypass

Location

Asking Price

KES 200,000,000

KES KES 200,000,000

USD $1,550,000

Parcel Summary

CategoryDevelopment Ready
Total Area0.74 Acres
LocationLikoni
StatusAvailable

Land Advisor

Murivest Realty

Murivest Realty

Land Investment Advisor

Schedule Site Visit

Confidential Investment

This memorandum is provided for qualified investors only. All site visits require 24-hour notice and NDA execution.

Land Banking Division

Strategic land assembly and development advisory for institutional investors and private equity funds seeking ground-floor positions in high-growth African markets.

Investment Criteria

  • Minimum parcel size: 5 acres
  • Clear title and unencumbered ownership
  • Growth corridor positioning
  • Infrastructure accessibility

Contact

Murivest Realty

Land Investment Advisor

murivestrealty@gmail.com

Land banking investments carry substantial risk including illiquidity, planning uncertainty, and extended holding periods. Past performance is not indicative of future returns. Professional legal, tax, and engineering advice is strongly recommended.

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