Commercial Building for Sale in Ermita Manila - Directly across Robinson’s Place








About This Property
A premier commercial space for sale in City of Manila presents a unique opportunity to acquire a former apartment‑hotel in the heart of Ermita. The property is offered as a 1BR commercial space for sale in City of Manila, featuring one bedroom, one bathroom, and a total land area of 1,167.50 sqm with a gross floor area of 4,402.26 sqm. Listed at ₱550.00 M, the unit is available for immediate purchase, providing a solid investment foundation for developers or institutional buyers seeking a high‑visibility address. The building’s layout consists of a ground‑floor mezzanine that can be configured for retail or other commercial uses, while the upper floors retain the original 18‑unit per floor configuration (2nd to 5th) and 13 units on the 6th floor. The unit is sold “as is, where is,” allowing the new owner full control over interior finishes and tenant fit‑out. Although no dedicated parking is specified, the site’s central location offers ample street parking and easy access for customers and staff. The north‑east orientation supports natural light throughout the space, enhancing its appeal for boutique retail or hospitality concepts. Constructed in 1968, the structure boasts a robust concrete frame and foundations that have withstood decades of use. Major upgrades include a roof replacement and new elevators installed in 2013, ensuring reliable vertical circulation. Renovation work began in 2020 but remains unfinished, giving the buyer the flexibility to complete modernization according to market demands. This commercial unit to buy in City of Manila is a blank canvas for a redevelopment project, whether as a boutique hotel, co‑living complex, or mixed‑use commercial tower. Situated at the corner of Adriatico Street and Salas Street, the property sits directly across from Robinsons Place Ermita, a bustling retail hub that drives constant foot traffic. The surrounding district is a vibrant mix of educational institutions, medical facilities, and historic landmarks, including St. Paul University Manila, the National Museum Complex, Rizal Park, Manila City Hall, the University of the Philippines Manila, and the Philippine General Hospital. Excellent connectivity to major thoroughfares such as Roxas Boulevard and Taft Avenue further enhances the site’s accessibility for both customers and logistics. For investors seeking a strategic foothold in the Philippine market, this commercial unit for sale Philippines offers a compelling price point of ₱550.00 M, payable by cash or bank financing. The location’s high visibility, combined with the building’s solid structural condition and the flexibility to tailor interior spaces, positions the asset as a valuable addition to any commercial portfolio. Interested parties are encouraged to contact the listing agent for detailed viewing arrangements and to explore the full potential of this commercial space to buy Philippines. Popular searches: commercial space for sale in City of Manila · 1BR commercial space for sale in City of Manila · commercial space for sale Philippines · commercial space to buy in City of Manila · 1BR commercial space to buy in City of Manila · commercial space to buy Philippines · commercial unit for sale in City of Manila · 1BR commercial unit for sale in City of Manila · commercial unit for sale Philippines · commercial unit to buy in City of Manila · 1BR commercial unit to buy in City of 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 ₱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 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
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