Commercial Property for Sale with Two Street Frontages – Quiapo, Manila
₱140,000 per sqm
Real Estate Agent
About This Property
Commercial Property for Sale with Two Street Frontages – Quiapo, Manila Location: Quiapo, Manila Property Type: Commercial Property Lot Area: 880.10 sqm Selling Price: ₱140,000/sqm + VAT Total Base Price: ₱123,214,000, excluding VAT Property Description A commercial property situated in Quiapo, Manila, offering frontage along two streets within one of the city's established commercial and trading districts. The property features approximately 15.82 meters of frontage along R. Hidalgo Street and 54.57 meters along Carcer Street, providing opportunities for access planning, commercial exposure, and potential redevelopment. Property Highlights 880.10 sqm land area Two street frontages Corner street with road frontage of 15.82 meters and 54.57 meters Located within an established commercial area Potential for retail, commercial, or mixed-use development, subject to applicable regulations Location & Accessibility Situated in Quiapo, Manila, with access to the broader commercial districts of downtown Manila, including nearby retail and wholesale trading areas. The property benefits from its urban location and proximity to commercial establishments, transportation networks, and surrounding business communities. Potential Uses Subject to zoning, building restrictions, and government approvals: Retail or commercial establishments Office and service-oriented businesses Mixed-use commercial development Long-term commercial property investment For inquiries, supporting documents, and viewing arrangements, kinldy message us. #QuiapoManila #ManilaCommercialProperty #CommercialPropertyForSale #ManilaRealEstate #CommercialInvestment #PropertyInvestmentPH #RedProperty
Location Insights
This lot is located in City of Manila.City of Manila is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.
Price Analysis
This lot is listed at ₱123.21M. With a lot area of 880.1 sqm, this translates to approximately ₱140,000 per sqm — a competitive rate for City of Manila.
Property prices in City of Manila vary based on location, building quality, floor level, and available amenities. Buyers are encouraged to compare nearby listings and consider long-term value appreciation when evaluating this property.
Investment Potential
This lot in City of Manila presents a solid investment opportunity in the Philippine real estate market. Properties in this segment typically yield rental income of 4%–6% gross annually, depending on occupancy and lease terms.
Based on the asking price of ₱123.21M, comparable rental income for a lot in this area is estimated at approximately ₱410,713–₱616,070 per month. Actual returns depend on market conditions and property management.
* Rental yield estimates are indicative only and based on general market averages. Consult a licensed real estate broker for a formal investment analysis.
Property Details
Your est. payment: ₱920,797/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱13,553,540
₱3,132,350
F. R. Hidalgo Street, Barangay 383, Barangay 391, Quiapo, Third District, Manila, Capital District, Metro Manila, 1001, Philippines