Prime Commercial Property with Tourist Inn & Highway Frontage for Sale in Puerto Princesa
Palawan, Puerto Princesa, Santa Monica
Sale: ₱ 120,000,000
Full description
Listing ID: 01a0f588-9b22-768c-aca5-ee3cf55e55e9
34 Bedroom Commercial for sale in Santa Monica, Palawan
PRIME COMMERCIAL & REDEVELOPMENT PROPERTY IN PUERTO PRINCESA, PALAWAN
Strategically located in a highly accessible and growing commercial and tourism area of Puerto Princesa City, this 3,924 sq.m. commercial property offers excellent potential for redevelopment, hospitality, commercial, or mixed-use investment.
The property has approximately 25.75 meters of frontage along the National Highway, providing excellent visibility and accessibility. It is also approximately 60 meters from the entrance/road leading to Balayong People's Park and the nearby Caltex Gasoline Station.
Existing Improvements & Facilities
The property is the site of the pioneer Bulwagang Princesa Tourist Inn, a known establishment in Puerto Princesa, and currently has:
- 34 rooms in total
- 6 Deluxe Rooms
- 28 Ordinary Rooms
- Rooms require renovation
- 2 Function Halls
- 1 Restaurant
- 1 Swimming Pool – currently non-operational
- Existing operational facilities
- Existing long-term boarders providing ongoing income
- Improvements suitable for renovation and redevelopment
Strategic Location
The property is conveniently located near major establishments and institutions, including:
- Puerto Princesa City Hall
- Puerto Princesa Sports Complex
- Balayong People's Park
- Commercial establishments
- Government offices and agencies
- Palawan State University (PSU)
- Western Philippines University (WPU)
- Nearby high schools and elementary schools
- National Highway and major access roads
Investment Potential
With its large land area, highway frontage, established improvements, existing income, and strategic location, the property offers substantial potential for renovation, expansion, or complete redevelopment.
Possible future concepts may include a hotel or boutique accommodation, commercial center, mixed-use development, events/function venue, restaurant, or resort-oriented establishment, subject to applicable zoning, permits, and development regulations.
Property Highlights:
📍 Puerto Princesa City, Palawan
📐 3,924 sq.m. Land Area
🛣️ 25.75 m National Highway Frontage
🏨 34 Existing Rooms
🏢 2 Function Halls
🍽️ 1 Restaurant
🏊 1 Swimming Pool – Non-operational
💰 With Existing Income from Long-Term Boarders
🔨 Renovation/Redevelopment Opportunity
📈 High Commercial & Redevelopment Potential
A rare opportunity to acquire a substantial commercial property in a strategic and highly accessible area of Puerto Princesa City.
Strategically located in a highly accessible and growing commercial and tourism area of Puerto Princesa City, this 3,924 sq.m. commercial property offers excellent potential for redevelopment, hospitality, commercial, or mixed-use investment.
The property has approximately 25.75 meters of frontage along the National Highway, providing excellent visibility and accessibility. It is also approximately 60 meters from the entrance/road leading to Balayong People's Park and the nearby Caltex Gasoline Station.
Existing Improvements & Facilities
The property is the site of the pioneer Bulwagang Princesa Tourist Inn, a known establishment in Puerto Princesa, and currently has:
- 34 rooms in total
- 6 Deluxe Rooms
- 28 Ordinary Rooms
- Rooms require renovation
- 2 Function Halls
- 1 Restaurant
- 1 Swimming Pool – currently non-operational
- Existing operational facilities
- Existing long-term boarders providing ongoing income
- Improvements suitable for renovation and redevelopment
Strategic Location
The property is conveniently located near major establishments and institutions, including:
- Puerto Princesa City Hall
- Puerto Princesa Sports Complex
- Balayong People's Park
- Commercial establishments
- Government offices and agencies
- Palawan State University (PSU)
- Western Philippines University (WPU)
- Nearby high schools and elementary schools
- National Highway and major access roads
Investment Potential
With its large land area, highway frontage, established improvements, existing income, and strategic location, the property offers substantial potential for renovation, expansion, or complete redevelopment.
Possible future concepts may include a hotel or boutique accommodation, commercial center, mixed-use development, events/function venue, restaurant, or resort-oriented establishment, subject to applicable zoning, permits, and development regulations.
Property Highlights:
📍 Puerto Princesa City, Palawan
📐 3,924 sq.m. Land Area
🛣️ 25.75 m National Highway Frontage
🏨 34 Existing Rooms
🏢 2 Function Halls
🍽️ 1 Restaurant
🏊 1 Swimming Pool – Non-operational
💰 With Existing Income from Long-Term Boarders
🔨 Renovation/Redevelopment Opportunity
📈 High Commercial & Redevelopment Potential
A rare opportunity to acquire a substantial commercial property in a strategic and highly accessible area of Puerto Princesa City.
Telephone number:
Key features
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Beds: 34
Facilities
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Car park
