Commercial property for sale in Cape Town City Centre

84 Shortmarket St, Cape Town City Centre, Cape Town

4 bath · 480 m² floor · 122 m² erf

Description

Iconic Mixed-Use Investment Building For Sale | Shortmarket Street, Cape Town CBD Positioned in the heart of Cape Town’s thriving Bree Street precinct, this exceptional multi-level commercial building presents a rare opportunity to acquire a landmark investment asset in one of the city’s most sought-after mixed-use nodes. Located on vibrant Shortmarket Street and surrounded by award-winning restaurants, cafés, boutique hotels, creative studios, and premium residential developments, the property offers outstanding long-term investment appeal together with strong underlying fundamentals. Rich in heritage character and architectural charm, the building is instantly recognisable by its magnificent façade, large timber-framed shopfront windows, and exceptional street presence — currently anchored by one of Cape Town’s most iconic hospitality destinations at ground-floor... Iconic Mixed-Use Investment Building For Sale | Shortmarket Street, Cape Town CBD Positioned in the heart of Cape Town’s thriving Bree Street precinct, this exceptional multi-level commercial building presents a rare opportunity to acquire a landmark investment asset in one of the city’s most sought-after mixed-use nodes. Located on vibrant Shortmarket Street and surrounded by award-winning restaurants, cafés, boutique hotels, creative studios, and premium residential developments, the property offers outstanding long-term investment appeal together with strong underlying fundamentals. Rich in heritage character and architectural charm, the building is instantly recognisable by its magnificent façade, large timber-framed shopfront windows, and exceptional street presence — currently anchored by one of Cape Town’s most iconic hospitality destinations at ground-floor level. The property extends over four levels and offers approximately 480m² of gross lettable area on a ±122m² erf, with flexible MU3 zoning allowing for a wide range of commercial and mixed-use applications. Each level provides strong individual usability, creating excellent flexibility for multi-tenancy or owner-occupation strategies. Internally, the building retains an abundance of original period features including exposed yellowwood beams, timber flooring, exposed brick walls, vaulted attic ceilings, and large windows allowing for exceptional natural light throughout. Modern additions such as air-conditioning and operational hospitality infrastructure further enhance the building’s practicality while preserving its authentic character and appeal. Key Features & Investment Highlights • Erf Extent: ±122m² • Gross Lettable Area: ±480m² • Zoning: MU3 • Four-level mixed-use commercial building • Prime Shortmarket Street position just off Bree Street • Excellent retail exposure and pedestrian activity • Ground-floor hospitality tenant with strong street presence • Flexible multi-tenancy configuration with separate upper-floor access • Character features throughout including exposed beams, timber floors, and brickwork • Spectacular attic level with vaulted ceilings and exposed rafters • Air-conditioning installed throughout the building • Surrounded by premium hospitality, retail, and commercial operators This is an exceptionally rare opportunity to secure a highly visible, character-rich commercial asset in one of Cape Town’s strongest urban investment precincts. Buildings of this nature seldom become available, particularly within the rapidly growing Bree Street and CBD corridor where demand for well-positioned mixed-use assets continues to strengthen. Contact us today to arrange a confidential discussion or private viewing of this outstanding Cape Town investment opportunity. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-897549979","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 97%
Armed Response
Nofrom the listing text · 98%
Boomed Area
Nofrom the listing text · 98%
Burglar Bars
Nofrom the listing text · 97%
CCTV
Nofrom the listing text · 98%
Electric Fence
Nofrom the listing text · 98%
Guard 24h
Nofrom the listing text · 98%
Security Estate
Nofrom the listing text · 98%

Location

Shops and cafés within 500 m
142from open data
Exposed to coastal wind
Yesfrom open data
Estimated commute to CBD
1 minfrom open data
Crime trend
Worseningfrom open data
Distance to the sea
1.3 kmfrom open data
Nearest highway
954 mfrom open data
Nearest hospital or clinic
1.1 kmfrom open data
Nearest primary school
648 mfrom open data
Nearest school
648 mfrom open data
Nearest high school
858 mfrom open data
Nearest station or stop
138 mfrom open data
Independent schools within 5 km
16from open data
Load-shedding block
7from open data
SAPS precinct risk
Highfrom open data
Schools within 3 km
38from open data
Under the flight path
Nofrom open data
Walkability
Very Walkablefrom open data

Market

Days on market
1 daysfrom our price history
Price change since listed
0.0%from our price history
Price per m²
R 43 750from our price history
Times relisted
0from our price history
Vs suburb median
0.98×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Yesfrom the listing text · 96%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 97%
High Ceilings
Yesfrom the listing text · 85%
Natural Light
Brightfrom the listing text
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Mountainfrom the listing text
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 97%
Furnished
Nofrom the listing text · 95%
Home Office
Nofrom the listing text · 98%
Lift Access
Nofrom the listing text · 95%
Open Plan
Nofrom the listing text · 97%
Penthouse
Nofrom the listing text · 94%
Scullery
Nofrom the listing text · 97%
Single Level
Nofrom the listing text · 91%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 97%

Outdoor

Balcony
Nofrom the listing text · 97%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 98%
Covered Patio
Nofrom the listing text · 97%
Established Trees
Nofrom the listing text · 98%
Garage Type
Nonefrom the listing text
Garden Size
Nonefrom the listing text
Pet Friendly
Nofrom the listing text · 98%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Nofrom the listing text · 94%

Architecture

Architecture Style
Victorianfrom the listing text
Build Era
Pre 1920from the listing text · 97%
Double Storey
Yesfrom the listing text · 78%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 98%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Nofrom the listing text · 97%
Special Levy Mentioned
Nofrom the listing text · 97%
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Yesfrom the listing text · 96%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Roof
Galvanised Steel
Wall
Brick, Concrete
Floor
Wooden Floors
Style
Victorian
Facing
Mountain View
Window
Wood
Zoning
General Business
Erf Size
122 m²
Kitchens
1
Bathrooms
4
Floor Size
480 m²
Description
Single Storey
Listing Date
26 May 2026
Natural Light
Yes
Listing Number
117257572
Multi Tenanted
Yes
Street Address
84 Shortmarket st, Cape Town City Centre
Internet Access
Fibre
Rates and Taxes
R 9 624
Special Feature
Balcony
Building Grading
B Grade
Number of floors
1
Type of Property
Commercial Property
Availability Date
14 June 2026
Gross Lettable Area
480 m²
Standalone Building
Yes
Nearby Public Transport
Bus, Train, Minibus Taxi