Commercial Mall for Sale in Payyannur, Kannur

Reference : KNP99891 Posted Date : 25 Mar 2026 Type : Commercial Project / Shopping Mall

Description

Commercial Mall for Outright Sale – Payyannur, Kannur

This is a large-scale commercial mall in a prime high-footfall location in Payyannur. Positioned on the main road at Perumba, this property offers exceptional visibility, accessibility and strong long-term investment potential.

Property Overview:

Location: Perumba Main Road, Payyannur, Kannur District – 670307

Close proximity to Payyannur Bus Stand

Land Area: 75 cents

Total Built-up Area: Approx. 60,000 sq. ft. + 5,000 sq. ft. basement

Building Configuration:

Ground Floor: 16,500 sq. ft.

First Floor: 15,000 sq. ft.

Second Floor: 15,000 sq. ft.

Third Floor: 15,000 sq. ft.

Basement: Approx. 5,000 sq. ft.

Parking:

Ample space accommodating approximately 60–75 cars

Key Investment Highlights:

Premium main road frontage ensuring maximum visibility

Located near Payyannur Bus Stand, a high footfall commercial hub

Ideal for shopping mall, retail outlets, supermarket chains, or mixed-use commercial space

Fully vacant property, ready for immediate leasing or redevelopment strategy

Strong potential for steady rental income and capital appreciation

Rental Potential:

Expected Rate: ₹35 per sq. ft.

Estimated Monthly Rental Income: ₹21 lakhs

Property Value Insights:

Approximate Land Value: ₹35 lakhs per cent

Total Land Value (75 cents): ~ ₹26 crores

Estimated Building Cost: ~ ₹18 crores

Total Asset Value: ~ ₹44 crores

Asking Price: ₹50 Crores (Negotiable)

Amenities

Vehicle Parking facility
Tar road frontage
Lorry Access

Facilities

Address Open On Google Map

Agent : MG

Phone : +91 9387543403

Location : Payyanur/Kannur

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Commercial Mall for Sale in Payyannur, Kannur ₹500,000,000.00

Description

Amenities

Facilities

Address Open On Google Map

Agent : MG

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