5 Commercial Properties for Rent in Colombo Right Now
Looking for office or commercial space in Colombo? Here are five options currently available through Golden Ceylon Property, spanning Colombo 3, 5, and 7, three of the city's strongest commercial addresses. Pricing across these five ranges from roughly Rs. 154 to Rs. 400 per square foot, which sits comfortably within Colombo's typical commercial rental band, so this is a genuinely useful cross section of what's available at the moment rather than a curated top end selection.
1. Office Space at Galle Face Terrace, Colombo 03
A 4,000 sq.ft office space at Galle Face Terrace, one of Colombo's most recognizable commercial addresses, available at Rs. 1,600,000 per month. That works out to roughly Rs. 400 per square foot, reflecting the premium of a Galle Face location with direct proximity to the Fort business district and the Marine Drive corridor.
2. Office Space on Dharmapala Mawatha, Colombo 07
A 2,500 sq.ft office space on Dharmapala Mawatha, right in the heart of Cinnamon Gardens' commercial strip, listed at Rs. 875,000 per month, or roughly Rs. 350 per square foot. This stretch of Colombo 7 is well established for professional services firms and corporate offices given its proximity to both the diplomatic district and central Colombo.
3. Office Space in Colombo 7
A second Colombo 7 option, this one a 4,000 sq.ft office space at Rs. 1,500,000 per month, working out to roughly Rs. 375 per square foot. Larger floor plates like this suit businesses that need to consolidate teams onto a single floor rather than split across smaller units.
4. Commercial Building on Davidson Road, Colombo 05
A substantial 5,200 sq.ft commercial building on Davidson Road in Colombo 5, close to Havelock City, listed at Rs. 800,000 per month. At roughly Rs. 154 per square foot, this is the most cost efficient option on this list by floor area, making it a strong fit for businesses that need scale without a Colombo 3 or 7 price tag.
5. Office Space on Kirula Road, Colombo 05
A smaller 1,500 sq.ft unfurnished office space on Kirula Road, Colombo 5, at Rs. 250,000 per month, or roughly Rs. 167 per square foot. This is a practical entry point for smaller teams or businesses that want a Colombo 5 address without committing to a large floor plate.
What These Five Tell You About the Colombo Commercial Market
A few patterns worth noting if you're comparing options. Colombo 3 and 7 command a clear premium, both landing between Rs. 350 and 400 per square foot in this set, while Colombo 5 offers meaningfully lower per square foot pricing, particularly at larger floor areas like the Davidson Road listing. If your business needs a prestige address for client facing work, Colombo 3 or 7 justifies the premium. If you need floor space and a central location without that premium, Colombo 5 is worth a closer look.
For a full breakdown of how commercial rents compare by area and building grade across the city, see our complete Commercial Property Guide.
Looking for commercial space in Colombo? These five are only a snapshot of what's currently available. Browse all commercial listings or get in touch with our team to discuss your requirements and we'll match you with options that fit your budget and location needs.
Frequently Asked Questions
We've answered some of the most common questions related to this article.
Pricing varies significantly by area and building grade, typically ranging from around Rs. 150 to Rs. 400 per square foot per month. Colombo 3 and Colombo 7 command the highest rates, while Colombo 5 offers comparable space at a noticeably lower price point.
Based on current listings, Colombo 5 offers the most cost efficient commercial space per square foot compared to Colombo 3 or Colombo 7, particularly for larger floor plates.
Available spaces range widely, from smaller 1,500 sq.ft units suited to small teams up to 5,000 sq.ft or larger commercial buildings for businesses needing to consolidate operations onto one floor.
Yes. Colombo 7, particularly around Dharmapala Mawatha and the wider Cinnamon Gardens commercial strip, is well established for professional services and corporate offices due to its central location and proximity to the diplomatic district.
You can contact the listing agent directly through the call or WhatsApp links on each property page, or reach out to our team directly and we'll match you with options based on your budget and location needs.