Mwembe Tayari Mixed-Use Building for Sale | 14 Units + Commercial Spaces | KES 56.5M

The Mwembe Tayari mixed use property presents a rare investment opportunity in one of Mombasa’s most active commercial corridors. This Mwembe Tayari mixed use building combines residential units and commercial spaces, making it ideal for investors seeking both rental income and long-term capital appreciation.

Unlike standard residential properties, this Mwembe Tayari mixed use asset offers a dual-income structure, increasing its resilience against vacancy risk and market fluctuations.

Investment Overview of Mwembe Tayari Mixed Use Property

This is a 4-storey freehold mixed-use building sitting on approximately 0.083 acres, comprising:

• 14 residential units (2-bedroom apartments)
• 3 ground-floor commercial retail units (currently with active tenants)
• Freehold title ownership
• Existing income-generating commercial section
• Upper residential floors requiring renovation and repositioning

💰 Asking Price: KES 56,500,000

The structure offers immediate partial income stability while simultaneously presenting significant upside through refurbishment of the residential component.

Location Advantage of Mwembe Tayari Mixed Use Building

Mwembe Tayari, Mombasa remains one of Mombasa’s most active mixed-use commercial nodes due to:

• High pedestrian and commuter traffic volumes
• Strong demand for both retail and residential space
• Established transport connectivity and accessibility
• Dense urban catchment population supporting consistent tenancy demand

📍 View location on Google Maps: https://maps.app.goo.gl/CsetAb8v7kiyYotp6

This central positioning ensures the property remains relevant across multiple market cycles, reducing long-term vacancy risk when properly managed.

Income & Investment Potential

From an investment standpoint, this property is structured as a value-add asset with staged income potential:

1. Immediate Income Layer

• Ground-floor commercial units already generating rental income
• Established tenant presence reduces initial cashflow risk

2. Medium-Term Upside (Renovation Phase)

• Upper floors require full refurbishment
• Opportunity to modernize unit layouts and improve rental attractiveness
• Potential to reposition into higher-yield residential units

3. Post-Renovation Yield Expansion

Once upgraded, investors can:

• Reprice residential units at current market rates
• Optimize occupancy across all 14 units
• Introduce improved tenant screening for stability

ROI Logic (Indicative Strategy)

While exact figures require due diligence, mixed-use assets in similar Mombasa corridors typically achieve:

• Higher rental uplift post-renovation (value-add premium)
• Improved cap rate upon stabilization
• Strong resale upside due to scarcity of freehold mixed-use stock

Key Investment Strengths

This asset stands out due to three core drivers:

1. Freehold Ownership

• Eliminates leasehold uncertainty
• Enhances long-term resale value

2. Mixed-Use Cashflow Structure

• Diversified income (residential + commercial)
• Reduced dependency on a single tenant class

3. Location Scarcity

• Limited availability of comparable assets in Mwembe Tayari
• High replacement cost for similar structures

However, investors must also account for:

• Significant renovation requirements for upper floors
• Temporary vacancy risk during refurbishment
• Need for structured capex planning

Recommended Investment Execution Plan

To maximize returns, a disciplined approach is required:

Step 1: Technical & Structural Assessment

• Conduct full building condition audit
• Estimate refurbishment cost per floor
• Validate structural integrity and compliance

Step 2: Financial Modeling

• Estimate post-renovation rental income per unit
• Compare total acquisition + capex vs projected yield
• Model best-case vs conservative occupancy scenarios

Step 3: Value-Add Execution

• Phase renovation to maintain partial income flow
• Upgrade units for modern tenant expectations
• Reposition commercial tenancy mix if needed

Step 4: Exit Strategy Planning

• Hold for stabilized rental yield OR
• Sell post-renovation at premium valuation

Why This Opportunity Matters

Mixed-use freehold properties in established Mombasa commercial corridors are increasingly scarce. As urban density increases, assets like this become long-term wealth vehicles rather than short-term trades.

This is not a passive investment — it is a structured opportunity for investors who understand redevelopment cycles and rental optimization strategies.

Inquire About This Property

Opportunities in Mwembe Tayari, Mombasa at this price point are limited and competitive. Early evaluation is strongly recommended.

📩 Request:

• Full due diligence report
• Rental income projections
• Detailed renovation cost breakdown
• Tenant status report

👉 Contact our team: https://gimcoltd.com/contact-us/