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Off Galle Road, Bambalapitiya, Colombo 04
Three Storey Commercial Property For Sale In Colombo 04. BR 2388B Location - Off Galle Road, Bambalapitiya, Colombo 04 Property Details * Land Extent - 2.04 perches * Total Floor Area - 1,022 sqft * Three-storey building * Ground floor suitable for retail or office use * First and second floors comprising living areas, bedrooms, and washrooms * Located within a designated Mixed Development Zone * Excellent access to the Galle Road commercial corridor * Strong potential for redevelopment and income generation Investment & Development Potential * Potential for multi-unit residential development, subject to relevant approvals * Suitable for boutique hospitality or guest accommodation * Potential for single-key rental units * Suitable for transit accommodation * Potential for a private corporate headquarters or agency office * Suitable for niche retail or specialty mixed-use development * Attractive opportunity to maximize returns from a compact Colombo 04 land extent Location Highlights * Prime Bambalapitiya location * Conveniently situated off Galle Road * Surrounded by established commercial and residential developments * Close to supermarkets, shopping centres, restaurants, banks, schools, and other essential amenities * Easy access to central Colombo and surrounding suburbs - Price - LKR 31 Million (Negotiable) This strategically located freehold property presents an excellent investment opportunity with an existing three-storey structure, commercial accessibility, and significant future development potential. Its position within a Mixed Development Zone and close proximity to the Galle Road commercial corridor make it particularly attractive for investors, developers, and business owners seeking a versatile Colombo 04 property. BR Property Agents Pvt Ltd is a trusted real estate service provider specializing in residential and commercial properties across Colombo and suburbs. We are committed to delivering professional, reliable, and personalized property solutions to match every client’s requirement.
ikman.lkPosted 3 days ago
Rs 31,000,000
Fixed price
HariMila AI estimate
Rs 36.1–54.2M
Opens the original ad on ikman.lk
Approximate location from the source
Buildings for sale in Colombo · last 30 days
Floor area
Smaller than 98%
1,022 sqft · median 6,000
Price per sqft
Rs 30,333
median Rs 31,073 / sqft
Based on 15 other buildings in the Colombo district of a similar size
Rs 45,154,639
Likely range Rs 36.1M – Rs 54.2M
Adjusted for No parking mentioned −3%
Asking price is 31% below the estimate.
From asking prices, not sale prices: a guide, not a valuation.
343 buildings for sale in Colombo
319 priced Buildings for sale in Colombo · tap a dot to open it
Buildings for sale in Colombo · last 30 days
Median asking price · 7-day rolling
New listings per day · 335 in 30 days
Tracked by Harimila since this ad first appeared
The same seller has 350 other active listings on Harimila.
Price history · Rs 36M → Rs 31M
Closest matches by type, area and price
Listed on ikman.lk
Ad …f486b60e · checked 11h ago
We show a summary and link to the original ad. Seller contact details stay on ikman.lk. We never store them.
This listing: Rs 31,000,000 at 1,022 sqft. Typical price ranges from Rs 3,317,836 to Rs 751,470,824.
346 |
| Rs 180M |
| Gampaha | 80 | Rs 100M |
|---|
| Kalutara | 17 | Rs 72.5M |
|---|
| Kandy | 16 | Rs 138M |
|---|
| Matara | 8 | Rs 210M |
|---|
| Galle | 5 | Rs 95M |
|---|
| Badulla | 5 | Rs 55M |
|---|
| Kurunegala | 5 | Rs 140M |
|---|
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median |
|---|---|---|
262 | Rs 150M | |
83 | Rs 290M |
Share of listings in this segment · this listing’s value in bold
Seller
