4-Storey Income Generating Building for Sale in Malate, Manila (OB1055)
₱41,971 per sqm
About This Property
For sale in the bustling heart of Manila, specifically in Malate, is a 4-storey commercial building offering an exceptional opportunity for investors. This property boasts a single bedroom and bathroom setup with a generous floor area of 1,096 square meters on a lot measuring 274 square meters. With a frontage of 7 meters, it includes ample space for three cars in its garage. Ideal as income-generating commercial space, this building has the potential to generate monthly income of ₱170,000 when fully occupied by 13 rooms. The layout is designed to maximize efficiency and productivity, ensuring a smooth operation for any business or service provider looking to establish their presence in Malate. Situated on Quirino Avenue, this commercial unit offers easy accessibility with its proximity to major landmarks such as the Manila Cathedral and the House of Representative building. Its central location ensures excellent foot traffic and visibility, making it an attractive option for businesses targeting local customers. For those searching for a commercial space to buy in Manila or within the Philippines, this 4-storey income-generating property is a compelling choice. At ₱46 million, the asking price represents a competitive value for any investor seeking to add to their portfolio or start their own venture with a pre-existing and profitable setup. The building comes with no additional charges for capital gains tax (CGT) shouldered by the buyer, making it an even more attractive proposition. This commercial unit is perfect for those looking for a property to buy in Manila that can provide immediate returns on investment through its already established tenant base. With regular income of ₱170,000 monthly and a reasonable asking price, this property offers excellent value for money and potential for future growth. Popular searches: commercial space for sale in Manila · 1BR commercial space for sale in Manila · commercial space for sale Philippines · commercial space to buy in Manila · 1BR commercial space to buy in Manila · commercial space to buy Philippines · commercial unit for sale in Manila · 1BR commercial unit for sale in Manila · commercial unit for sale Philippines · commercial unit to buy in Manila · 1BR commercial unit to buy in Manila · commercial unit to buy Philippines.
Location Insights
This commercial 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 commercial is listed at ₱46.00M. With a floor area of 1,096 sqm, this translates to approximately ₱41,971 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 commercial 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 ₱46.00M, comparable rental income for a commercial in this area is estimated at approximately ₱153,333–₱230,000 per month. Actual returns depend on market conditions and property management.
With 1,096 sqm of floor area, this property offers practical living space that appeals to both owner-occupiers and investors seeking long-term capital appreciation in the Philippine property market.
* 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: ₱345,958/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱5,060,000
₱1,202,000
Quirino Avenue
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