For Sale: Prime Commercial Property in Maribago, Lapu-Lapu City – High Foot Traffic Area

Own a prime 718 sqm commercial property in Maribago, Mactan Island, a hotspot for both tourists and locals. This south-facing property features a wide road frontage and an existing one-storey commercial building currently leased to various businesses. With an updated monthly income of ₱140,000 (as of January 2024) and close proximity to major resorts and commercial establishments, this is an excellent investment opportunity for a commercial or mixed-use residential complex.

Property Details:
Location: Maribago, Lapu-Lapu City, Mactan Island
Lot Area: 718 sqm
Orientation: Facing South
Price: ₱45,000,000 Net of Taxes
Current Tenants:
• Spa (3 units)
• Korean Restaurant (3 units, with existing contract)
• BBQ Kiosk (1 unit)
• Siomai Kiosk (1 unit)
• Tattoo Shop (1 unit)

Monthly Income: ₱140,000 (as of January 2024)
Road Frontage: Wide frontage in a prime commercial strip
Ideal Use: Commercial or Residential Complex

Nearby Landmarks:
110 m – Bluewater Maribago Beach Resort
140 m – Cebu White Sands Resort
280 m – Karancho Maribago Beach Resort
300 m – Savemore Market Maribago
350 m – McDonald’s Maribago
1.1 km – Jpark Island Resort and Waterpark
3.2 km – Mactan Newtown
10.2 km – Mactan Cebu International Airport

Key Highlights:
Prime location in a high foot traffic area
Strong rental income with established tenants
Strategic location near major resorts, supermarkets, and lifestyle hubs
Excellent potential for redevelopment into a larger commercial or residential complex