- Restaurant, Creative Space, Hospitality, Night Club, Retail, Commercial
- m²
Description
Prime 1500 m² Mixed-Use Commercial Property for Sale on Long Street, Cape Town
Seize a rare opportunity to own The BeerHouse, a landmark mixed-use commercial property for sale on Long Street, Cape Town. Located at 223 Long Street, this iconic 1500 m² building spans four levels, offering a dynamic investment with three existing tenants, a robust income stream, and versatile redevelopment potential. Perfect for investors or developers seeking a commercial property for sale in Cape Town CBD, this property combines heritage charm with modern functionality in one of South Africa’s most vibrant urban hubs.
Why Invest in The BeerHouse on Long Street?
Strategically positioned on Cape Town’s iconic Long Street, The BeerHouse is a 1500 m² mixed-use building for sale in Cape Town CBD, delivering a gross monthly income of approximately R550,000 with monthly expenses of ~R230,000. Zoned GB7 and MU3 across two erven, this property offers flexibility for investors to retain current tenants or redevelop into a new configuration, subject to planning permissions. With its prime location, diverse tenant mix, and potential to add bulk, this is an investment property for sale in Long Street with unmatched potential.
Property Features and Layout
Spanning four levels, The BeerHouse offers a well-designed 1500 m² floorspace tailored for mixed-use functionality:
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Lower Ground Floor: Recently white-boxed, offering a blank canvas for retail, office, or creative spaces.
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Ground Floor: High-visibility retail space, ideal for a flagship store or trendy eatery capitalizing on Long Street’s bustling foot traffic.
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First and Second Floors: 12 studios and 4 one-bedroom apartments, perfect for short-term rentals or residential leasing in the heart of the CBD.
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Additional Amenities: A bar, lounge, braai area, staff office, and two balconies overlooking Long Street, adding lifestyle appeal for tenants and visitors.
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Parking and Access: A servitude at the rear provides parking for three vehicles, a rare asset in the CBD.
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Development Potential: Option to add bulk, subject to planning approval, enhancing value for future redevelopment.
This mixed-use commercial building for sale in Cape Town blends income-generating tenants with customizable spaces, making it a standout opportunity.
Financial and Investment Highlights
With a gross monthly income of ~R550,000 and manageable expenses of ~R230,000, The BeerHouse offers a strong return on investment. The property’s three existing tenants provide immediate cash flow, while the white-boxed lower ground floor and potential to add bulk allow for value-add strategies. Whether you choose to retain the current tenant mix or redevelop the property, this commercial real estate for sale in Long Street, Cape Town promises long-term growth in a high-demand market.
Long Street: Cape Town’s Cultural and Commercial Heart
Long Street is synonymous with Cape Town’s vibrant nightlife, cultural heritage, and commercial energy. Known for its eclectic mix of bars, restaurants, boutiques, and galleries, it attracts locals, tourists, and professionals alike. The BeerHouse at 223 Long Street benefits from:
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High foot traffic, ensuring visibility for ground-floor retail and appeal for upstairs tenants.
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Proximity to key landmarks, including the Cape Town CBD, Greenmarket Square, and Company’s Garden.
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Excellent connectivity via MyCiti buses and easy access to major highways (N1/N2).
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Cultural vibrancy, with Long Street’s historic architecture and lively atmosphere drawing a diverse audience.
This prime commercial property for sale in Cape Town CBD is perfectly positioned to capitalize on Long Street’s enduring appeal.
A Strategic Opportunity for Investors and Developers
Zoned GB7 and MU3, The BeerHouse offers flexibility for a range of uses, from retail and residential to hospitality or office spaces. The option to retain existing tenants ensures immediate income, while the potential to redevelop or add bulk makes this a forward-thinking investment. With its 1500 m² footprint, diverse amenities, and prime location, this mixed-use property for sale in Long Street, Cape Town is a rare find in a competitive market.
Don’t miss your chance to own a piece of Cape Town’s iconic Long Street. Contact The Cape Town Property Group today to arrange a viewing of The BeerHouse and explore this landmark commercial property for sale in Cape Town CBD. Secure your stake in one of South Africa’s most dynamic urban precincts.
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Address
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Address: 223 Long Street, Cape Town City Centre, Cape Town, South Africa
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City: Cape Town
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State/county: Western Cape
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Zip/Postal Code: 8000
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Area: Cape Town City Centre
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Country: South Africa
Details
Updated on September 19, 2025 at 11:25 am-
Property ID 19865
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Price R24,000,000
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Property Type Restaurant, Creative Space, Hospitality, Night Club, Retail, Commercial
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Property Status For Sale
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Information as supplied by landlord/Seller, it is incumbent on tenant or buyers to themselves familiar with all the facts, The Cape Town Property Group will not accept liability for any loss incurred by the contracting parties.
