Prime Land for Sale in Piassa, Addis Ababa | Mixed-Use Development

Property Listing Description

Prime 532 m² Mixed-Use Plot for Sale – New Piassa, Addis Ababa

Searching for a premier investment in the heart of the capital? This unparalleled 532 square meter plot offers a rare foundation for a landmark commercial or residential development in the historic and rapidly modernizing "New Piassa" district.

Positioned directly on the newly developed asphalt corridor of the 2026 Smart City initiative, this land offers maximum visibility and guaranteed capital appreciation. While land in Piassa is increasingly scarce due to the Addis Ababa Corridor Project, this specific plot is perfectly aligned with the latest urban upgrades.

Property Specifications

• Total Area: 532 m²
• Location: Downtown Piassa Enrico (1-minute from Menelik II Square)
• Asking Price: 85,000,000 ETB
• Zoning: Mixed-Use (Residential/Commercial)
• Permit Potential: Preliminary approval for a high-rise structure (19+ floors)
• Legal Status: Full digital map certificate (CAMA) available for immediate transfer

Ready-to-Build Infrastructure

Unlike peripheral plots, this property is fully equipped to support immediate construction logistics:

• Power: On-site 220V electricity connection.
• Water: High-capacity 5,000-liter reserve tank.
• Security: Dual-gated entry for controlled site access.
• Logistics: Wide frontage on the modern asphalt corridor, ensuring easy access for heavy machinery and transport.

Strategic Landmark Location

Situated at the intersection of history and innovation, the plot is surrounded by Addis Ababa’s most significant landmarks:

• Culture: Adwa Victory Memorial Museum and the National Theater.
• Retail: Arada Luxury Mall and international fine-dining establishments.
• Finance: Proximity to major commercial bank headquarters and international NGO offices.

Investment Inquiry

This is a high-value asset in a high-demand zone. Interested investors are invited to conduct a site visit and review the digital map certification.

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