Ground Floor Retail Shop for Sale at S$850,000 – 291 Sqft Commercial Property

Looking for a retail shop for sale in Singapore that offers a practical size, ground floor accessibility, established surrounding amenities, and an existing tenancy arrangement? This 291 sqft ground floor retail unit is available for sale at S$850,000 negotiable, with an indicative price of S$2,921 psf. Positioned within a mixed residential and commercial development, this property may appeal to business owners, entrepreneurs, and investors searching for a compact commercial property for sale in Singapore.

For buyers who have been searching for an affordable commercial shop in Singapore, this unit presents an opportunity to own a retail space within an established mixed-use environment. The property is described as a ground floor unit with good frontage, which can be particularly relevant for businesses that rely on visibility and walk-in customers. The development is surrounded by various everyday amenities, food outlets, and service businesses, creating an active commercial environment for residents and visitors.

Retail Shop for Sale in Singapore

This retail shop for sale has a total floor area of approximately 291 sqft, making it a compact commercial unit that can suit businesses requiring a manageable retail footprint. For entrepreneurs looking to start a shop, a smaller unit may provide a practical space for selected retail, service, or takeaway concepts, subject to the approved usage and relevant regulations.

The ground floor position is another important feature of this commercial unit for sale. Ground floor shops are often sought after because customers can access them directly without having to travel to an upper level. For retail operators, direct accessibility can contribute to better visibility and convenience, particularly in a development with multiple entrances and neighbouring businesses.

The property is located within a mixed residential and commercial development, allowing commercial businesses to operate alongside residential components. This type of environment can provide a combination of residential customers, shoppers, visitors, and people visiting nearby businesses. For a business owner searching for a shop to start a business in Singapore, the surrounding environment is an important factor to evaluate.

Asking Price of S$850,000

The asking price for this property is S$850,000 negotiable. Based on the stated floor area of 291 sqft, the indicative price is approximately S$2,921 per square foot. Buyers considering a commercial property purchase should assess not only the asking price but also the property’s location, frontage, rental arrangement, approved use, surrounding amenities, and potential business applications.

For investors searching for a commercial property investment in Singapore, the relationship between the purchase price and rental income is also an important consideration. The listing states that the unit is currently rented at S$1,900 per month. Buyers should independently verify the latest tenancy status, rental payments, lease terms, and other relevant documents before proceeding with a purchase.

The seller is offering the property at a negotiable price, which means interested buyers may discuss the final transaction price and terms directly with the seller or appointed property representative. Any negotiation should be supported by proper due diligence and verification of the property’s current market information.

Existing Rental of S$1,900 Per Month

The property is stated to have an existing rental arrangement of S$1,900 per month. For a buyer considering a tenanted retail shop for sale in Singapore, an existing tenant can be relevant because it may provide an established rental arrangement rather than requiring the buyer to immediately search for a new tenant.

The original listing states that the lease runs until 21 December 2025 and that the property is to be sold with the tenancy. Because the stated lease date has already passed, prospective buyers should confirm the current tenancy status directly before relying on this information. The tenant may have renewed the lease, vacated the unit, or entered into another arrangement after the original listing was prepared.

Rental income should also be assessed alongside ownership costs. Buyers should consider maintenance expenses, property tax, financing costs, insurance, management fees where applicable, vacancy risk, and other expenses associated with owning a commercial property.

For investors researching Singapore commercial property with rental income, these factors are essential when calculating the property’s overall financial profile.

Ideal Ground Floor Location

Location is one of the most important factors when purchasing a retail property in Singapore. This unit is positioned on the ground floor, providing direct access to the commercial environment. Ground floor positioning can be particularly useful for businesses that depend on walk-in traffic and customer visibility.

The property also has good unit frontage, according to the listing. A visible shopfront can provide opportunities for signage, branding, window displays, and product presentation, subject to the rules and regulations of the development.

For entrepreneurs planning to open a retail business, having a shopfront that is visible to passing shoppers can be an important consideration. Customers may notice a business before they have even decided to enter, making storefront presentation a valuable part of the overall retail strategy.

The actual level of visibility and foot traffic should nevertheless be assessed during an in-person viewing. Buyers should inspect the unit at different times of day where possible to understand how customers move through the development.

Mixed Residential and Commercial Development

The property is situated within a mixed residential and commercial development, providing a combination of residential and commercial activity within the same broader project. Such developments can create an environment where residents have access to shops, food outlets, and everyday services close to where they live.

The surrounding businesses listed include a minimart, childcare centre, veterinary services, pet grooming, restaurants, takeaway eateries, and other commercial operators. A variety of businesses can create different reasons for customers and residents to visit the development throughout the day.

For a potential shop owner, being surrounded by complementary businesses may be useful because customers may visit the development for multiple purposes. Someone visiting a childcare centre, restaurant, minimart, pet grooming service, or veterinary clinic may also encounter other shops during their visit.

This does not guarantee a particular level of sales or foot traffic, but it does provide useful context for buyers evaluating the commercial location and surrounding amenities.

Two Mall Entrances

Another feature highlighted in the property listing is the presence of two mall entrances. Multiple entrances can provide convenient access for residents, shoppers, employees, and visitors approaching the development from different directions.

Accessibility can be particularly important for retail businesses. Customers generally value convenience, and a commercial property that can be easily accessed from different points may offer a practical advantage for businesses that depend on walk-in customers.

The two entrances may also influence pedestrian movement throughout the development. Prospective buyers should visit the property personally to determine how the entrances connect with the shop unit, where pedestrian traffic is concentrated, and how visible the unit is from different access points.

These observations can help buyers make a more informed assessment of the property’s suitability for their intended business.

Good Shop Frontage for Customer Visibility

The listing specifically highlights the unit’s good frontage, which is an important consideration for a retail shop. Unlike some commercial units located in less visible positions, a shop with an identifiable frontage can provide more opportunities to display branding and communicate with potential customers.

A strong storefront can be particularly useful for retail businesses, food-related concepts, service providers, and other customer-facing businesses. Signage, lighting, window displays, and interior presentation can all contribute to how customers perceive the shop.

However, prospective buyers should confirm what signage and renovation works are permitted by the building management and relevant authorities. Not every commercial unit allows unrestricted changes to its exterior appearance.

For anyone looking for a ground floor commercial shop in Singapore, checking the shopfront regulations should form part of the due diligence process.

Partial Renovation and Existing Facilities

The unit is described as a partially renovated retail space and includes a tap and cassette air-conditioning system. Existing facilities can potentially reduce the amount of initial work required for certain business concepts, although the actual condition and suitability of the fittings should be inspected before purchase.

The presence of a tap may be relevant to businesses that require access to water, while cassette air-conditioning can provide cooling throughout the shop area. The suitability of these facilities will depend on the intended use of the property.

Buyers should arrange a physical inspection to assess the condition of the existing renovation, electrical systems, plumbing, air-conditioning, flooring, walls, ceiling, and other fittings.

If significant renovation is required, the associated cost should be included in the buyer’s overall financial assessment.

Surrounding Amenities and Businesses

The surrounding commercial environment includes a variety of businesses, which can contribute to the overall activity of the development. The listing specifically mentions a minimart, childcare centre, vets, pet grooming, restaurants, takeaway eateries, and other businesses.

A minimart can attract regular neighbourhood customers, while childcare services can generate recurring visits from parents and families. Veterinary and pet grooming businesses can bring pet owners into the development, while restaurants and takeaway outlets can generate food-related traffic.

The combination of these businesses creates a diversified commercial environment rather than relying on a single type of customer.

For a prospective shop owner, understanding the surrounding tenant mix is useful when deciding whether the location matches the target customer base of a proposed business.

Potential Business Opportunity

The 291 sqft floor area could be suitable for a variety of compact business concepts, depending on the property’s approved use and applicable licensing requirements. Potential uses could include selected retail businesses, service-based businesses, specialty shops, or other permitted commercial concepts.

Entrepreneurs should confirm the permitted use before committing to a business plan. The intended business may require specific approvals, licences, ventilation, plumbing, fire safety provisions, or other requirements.

Therefore, buyers should not assume that every business concept can automatically operate from the unit. Proper verification should be completed before purchasing or signing any agreement based on a specific intended use.

For those searching online for a small retail shop for sale in Singapore, the compact size may nevertheless be worth considering because it can provide a dedicated commercial space without the floor area of a much larger retail unit.

Commercial Property Investment Considerations

Purchasing a commercial property requires careful consideration of both the property itself and the surrounding market. Investors should review the purchase price, rental income, tenancy conditions, property expenses, financing arrangements, and potential future demand.

The stated S$1,900 monthly rental provides an important starting point for analysing the property’s current rental profile. However, buyers should confirm whether this rental arrangement remains active and review the actual tenancy agreement.

Commercial property investors should also consider potential periods without a tenant, future rental demand, renovation costs between tenancies, and any applicable taxes or transaction costs.

A professional valuation and financial assessment may be useful for buyers who want to understand the property’s current market position before making an offer.

Why This Property May Interest Entrepreneurs

For an entrepreneur searching for an ideal shop location in Singapore, the combination of ground floor access, good frontage, surrounding amenities, and an established mixed-use environment may make this property worth viewing.

The unit’s compact 291 sqft footprint can be suitable for businesses that do not require a large operating area. A smaller shop may also allow business owners to focus their layout on essential functions such as customer service, product display, storage, and checkout areas.

The existing partial renovation and facilities may also provide a starting point for a new interior concept, depending on the condition of the property and the business requirements.

Ultimately, the suitability of the unit depends on the buyer’s intended use, budget, business model, and long-term objectives.

Important Due Diligence Before Purchase

Interested buyers should conduct proper due diligence before purchasing this Singapore commercial property. This includes confirming the current asking price, valuation, tenancy status, lease details, approved use, property tax, maintenance fees, ownership information, and any restrictions affecting the unit.

The original listing states a tenancy period ending on 21 December 2025. Since that date has passed, the current status should be specifically confirmed with the seller or appointed property agent.

Buyers should also inspect the physical condition of the property and surrounding development. Visiting at different times can help provide a better understanding of accessibility, customer activity, neighbouring businesses, and overall retail environment.

Legal and financial professionals can also be consulted where appropriate to ensure the transaction is properly reviewed.

Final Overview

This ground floor retail shop for sale at S$850,000 offers approximately 291 sqft of commercial space at an indicative price of S$2,921 psf. Located within a mixed residential and commercial development, the property provides ground floor accessibility, good frontage, existing facilities, and a surrounding mix of retail, food, childcare, pet-related, and service businesses.

The property is stated to have a rental arrangement of S$1,900 per month, although buyers should verify the current tenancy status because the original listing states that the lease runs until 21 December 2025.

For entrepreneurs looking for a shop to start a business, the ground floor position and surrounding amenities may provide a practical environment for a suitable commercial concept. For investors looking for a retail shop investment in Singapore, the property’s purchase price, rental profile, location, frontage, and surrounding tenant mix can all be considered during due diligence.

The asking price is S$850,000 negotiable, making it an option for buyers who are specifically searching for a compact commercial unit for sale in Singapore. The unit’s partial renovation, tap, cassette air-conditioning, two mall entrances, CCTV coverage, and established surrounding businesses add useful features for prospective buyers to evaluate.

Anyone interested in this property should arrange a viewing, verify the latest tenancy and property information, and conduct appropriate financial and legal due diligence before proceeding with a purchase.

Property Details

Property Type: Ground Floor Retail Shop
Price: S$850,000 Negotiable
Size: 291 sqft
Indicative Price: S$2,921 psf
Rental: S$1,900 per month, subject to current tenancy verification
Development: Mixed Residential and Commercial
Floor: Ground Floor
Condition: Partially Renovated
Facilities: Tap and Cassette Air-Conditioning
Accessibility: Two Mall Entrances
Frontage: Good Shop Frontage
Security: CCTV Around Shopping Mall
Nearby Businesses: Minimart, Childcare, Veterinary Services, Pet Grooming, Restaurants, Takeaway Eateries and Other Commercial Businesses

Interested Buyers

For buyers looking for a retail shop for sale, ground floor commercial property, commercial unit for investment, or a shop to start a business in Singapore, this 291 sqft unit may be worth arranging a viewing for.

Keen buyers please kindly contact: 92749831