DE88-004940 – 🚨NOW AT ₱550M from ₱850M!!!🚨 Good Investment! Prime Corner Commercial Building with Retail Space for Sale in Manila City along Ermita

Good Investment Commercial Building with Retail Space for Sale in Manila City along Ermita

Code : DE88-004940
Category : For Sale
City : Manila City
Unit : Apartment Building
Size : FA: 4,402.26 sqm LA: 1,167.50 sqm
Price Per Sqm : ₱ 124,935.82
Selling Price : From ₱ 850,000,000.00 Down ₱ 550,000,000.00 Gross!

Details of the Properties:
• Prime Corner Commercial Building in Ermita
• Near Robinson’s Place Ermita
• Built in 1968 with strong structure and lasting foundations

Property Highlights:
• Functioned as an Apartel
• 18 units per floor (2nd–5th floors)
• 13 units on the 6th floor
• Ground floor with mezzanine perfect for retail or commercial spaces
• With its size, layout, and prime location, this property presents endless possibilities — from boutique hotel conversion, modern apartment complex, co-living spaces, or mixed-use commercial development.

Nearby Areas:
• Robinsons Place Manila ~50–150 m
• St. Paul University Manila ~300–450 m
• Rizal/Luneta Park ~0.7 km
• Manila City Hall ~0.8–1.2 km
• National Museum ~0.8–1.0 km
• University of the Philippines ~1.0–1.2 km
• Philippine General Hospital (PGH) ~1.8–2.0 km
• Intramuros / Fort Santiago & Manila Cathedral ~2.0–2.6 km

Ermita, Manila presents a compelling opportunity for investors because of its strategic location and constant demand. The area is home to major universities, government institutions, hospitals, retail centers, and well-known cultural sites, making it ideal for both residential and commercial ventures. Properties in this district enjoy steady foot traffic, quick access to Robinsons Place Manila, and excellent connectivity through nearby transport routes. Buildings here are versatile, with potential to be redeveloped into boutique hotels, serviced apartments, co-living facilities, or mixed-use projects. The strong rental market, supported by students, professionals, and visitors, provides reliable income, while the scarcity of prime land in central Manila drives long-term value growth. These factors make acquiring a building in Ermita a sound and profitable investment choice.