Nairobi — Uchumi House, a prime commercial property located at the junction of Aga Khan Walk and Nkrumah Lane in Nairobi's Central Business District (CBD), has been put up for sale at Sh562.5 million.

The five-storey building, which includes a basement and mezzanine floor, sits on a 0.28-acre parcel of land and has a total floor area of 4,491 square metres.

The property currently hosts several established tenants, including Naivas Supermarket and Pronto Restaurant, offering immediate rental income to a prospective buyer.

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"A five-storey commercial building with a basement and mezzanine provides immediate rental income and eliminates the need for upfront development costs," reads the advertisement listing the property.

Uchumi House is located within a vibrant commercial zone surrounded by major office and retail developments. Nearby landmarks include Sunken Parking, Electricity House, Nairobi Cinema and the Kenya Re Building, enhancing its appeal as a strategic investment asset.

Nairobi's CBD remains one of the city's most sought-after commercial hubs, buoyed by high foot traffic, proximity to major transport nodes and the concentration of government offices and corporate headquarters.

"This enduring dominance is fueled by the presence of major transportation hubs and the concentration of government offices within the city centre. Owning property in this prime location ensures your business will be at the forefront of Nairobi's commercial scene," the listing adds.

Demand for CBD properties has remained strong as investors seek stable rental yields and long-term capital appreciation in Nairobi's core business district.