Commercial Building and Lot for Sale in Manila 1,167.50 sqm ₱124K per sqm

Project: Commercial Building Lot Manila - Casa Blanca Ermita
Location: City of Manila

Details of the Property:
Unit: Commercial Building
Size: LA: 1,167.50 sqm | FA: 4,402.26 sqm
Parking: N/A

Price per sqm: ₱124,935.82
Selling Price: ₱550,000,000.00 Gross Price

Details of the Property:
• As Is Where Is
• Clean Title
• Prime Corner Commercial Property
• Former Apartment-Hotel / Apartel
• Built in 1968
• 18 Units per Floor on the 2nd to 5th Floors
• 13 Units on the 6th Floor
• Ground Floor with Mezzanine Suitable for Retail or Commercial Use
• Renovation Started in 2020 and Remains Unfinished
• Roof and Elevator Replaced in 2013
• Currently Non-Operational
• Current Commercial Rental Income: ₱600,000/Month
• Previous Residential & Commercial Rental Income: ₱1.5M–₱2M/Month
• Suitable for Boutique Hotel, Apartment, Co-Living or Mixed-Use Commercial Development
• C-3/MXD Zoning
• FAR: 7
• Across Robinsons Place Manila
• Near Schools, Hospitals, Government Offices, Historical Landmarks and Major Commercial Establishments
• Price Reduced from ₱850M to ₱550M

Property Code: DE88-004940

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