Commercial Building for Sale in Ermita Manila - Directly across Robinson’s Place
About This Property
Commercial Building for Sale in Ermita Manila - Directly across Robinson’s Place This former apartment-hotel offers a blank canvas for developers or investors, strategically located across Robinsons Place Ermita. With a solid structure, mezzanine-ready retail spaces, and high foot traffic, this property combines potential and location in one package. Property Code: DE88-004940 Project / Tower: COMMERCIAL BUILDING LOT MANILA - CASA BLANCA ERMITA Location: Adriatico St. Cor Salas St, City of Manila Size: LA: 1167.50 SQM/ FA: 4402.26 SQM Type: COMMERCIAL Other Details: — Furnishings: As is where is — Orientation: North East — 8.9KM West of Valley Fault line — Across Robinsons Place Ermita, Manila Redevelopment Opportunity – Former Apartment-Hotel An exceptional redevelopment opportunity in a prime commercial location, ideal for developers or investors. Property Highlights: — Built: 1968 with strong structure and lasting foundations — Previous Use: Apartment-Hotel (Apartel) 18 units per floor (2nd–5th floors) 13 units on the 6th floor — Ground Floor: With mezzanine, suitable for retail or commercial spaces — Renovation: Started in 2020 (unfinished, giving new owner full control to complete and modernize) — Upgrades: Roof and elevator replaced in 2013 — Current Status: Non-operational – ready for redevelopment This property is a blank canvas with excellent potential in a high-value commercial area. Title: Clean Occupancy: Vacant Sale price: Php 550,000,000.00 Payment terms: Cash or bank financing Casa Blanca Ermita is a prime corner commercial property located at Adriatico St. cor. Salas St., Manila, in a high-traffic, mixed-use district with easy access to major roads. The area is surrounded by malls, schools, hospitals, government offices, and historic landmarks including Robinsons Place Manila, St. Paul University, Rizal Park, Manila City Hall, National Museum, UP Manila, PGH, and Intramuros, making it an ideal spot for redevelopment into boutique hotels, apartments, co-living spaces, or mixed-use commercial projects. Nearby Establishments: — Robinsons Place Manila (Ermita) — St. Paul University Manila — Rizal Park / Luneta (Rizal Monument Area) — Manila City Hall — National Museum Complex — University of the Philippines Manila — Philippine General Hospital (PGH) — Intramuros (Fort Santiago & Manila Cathedral) For inquiries & viewings, contact: Andre Lotuaco AAA Realty Managing Partner #CasaBlancaErmita #ManilaCommercialProperty #PropertyForSalePH #InvestmentPropertyPH #RedevelopmentOpportunity #ErmitaManila #ApartmentHotelForSale #CommercialPropertyPH #PrimeLocationPH #PropertyInvestmentPH Disclaimer: AAA Realty reserves the right to correct or change the information provided above, including property details and pricing without prior notice. The photos used in our listings are sourced either from the owner of the property or from our own company. These photos are intended for visual representation of the property and are not to be used for online advertisements without explicit permission from AAA Realty. Unauthorized use of the photos may infringe upon copyright laws and result in legal consequences.
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 ₱550.00M.
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 ₱550.00M, comparable rental income for a 1-bedroom commercial in this area is estimated at approximately ₱1.83M–₱2.75M 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: ₱4,098,110/month*
*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.
₱60,500,000
₱13,802,000
Andre Lotuaco
Real Estate Agent
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