Ermita Manila For Sale Commercial Building on a Corner Lot along Adriatico Street and Salas Street

🚨🚨PRICE DROP!!!🚨🚨

NOW AT ₱550M from ₱850M!!!

FOR SALE – PRIME CORNER COMMERCIAL BUILDING | ERMITA MANILA

📍 M. Adriatico St. cor. Salas St. (Across Robinsons Place Manila)
🏢 Former Apartment / Commercial Building
📐 Lot Area: 1,167.50 sqm (Corner Property)
🏗️ Floor Area: 4,402.26 sqm
📄 Title: Clean
🔧 Condition: As-Is, Where-Is

Property Highlights:
• Approx. 18 units per floor (2nd–5th floors)
• Approx. 13 units on 6th floor
• Ground floor + mezzanine ideal for retail/commercial
• Roof & elevator replaced (2013)
• Partial renovation started (2020)

Development Potential:
✔ Boutique / Business Hotel
✔ Serviced Apartments or Co-Living
✔ Mixed-Use Development
✔ Dormitory / Student Housing
✔ Office or Medical Conversion

Zoning: C-3 Mixed-Use
FAR: 7

Asking Price: ₱550,000,000 (Gross Price)