Prime Commercial Old 3-Storey Building with 43 rooms For Sale, Cebu City

Commercial Property for Sale – Below Market Value!
Prime Location Near the University of San Carlos Main, Cebu City

Property Details:
Lot Size: 499 sqm
Building: 43 rooms (Studio & Deluxe Units, each with its own ensuite toilet & bath)
Titled Property – 100% clean title, no encumbrances
Offer Price: ₱78 Million (Slightly Negotiable for Serious Buyers)

Why This Property Stands Out:
Prime, High-Traffic Location: Situated along the road where PUJs pass, this property is walking distance to major establishments like Bangko Sentral ng Pilipinas, Cebu Normal University, and Philippine Christian Gospel School. It's also close to other top universities in Cebu City!
Spacious & Versatile: With 43 rooms, all featuring ensuite bathrooms, this property offers ample space to cater to various business ventures. It’s ideal for a hotel, pension house, dormitory, or any other commercial establishment you envision.
Affordable Opportunity: Priced below market value, this property offers significant potential for growth.
Great Investment Potential: The property generated ₱200,000 - ₱250,000 in monthly income before the pandemic, and during peak seasons like Sinulog and summer, it earned ₱400,000 - ₱450,000 per month.

Ready for Development: The building is bare and ready for beautification to suit your business needs, giving you the flexibility to customize the space to your vision.

Reason for Sale: The old owner is looking to enjoy the proceeds while they still can.
This is an unbeatable deal in a prime location! Don’t miss out on the opportunity to own a property with huge income potential in Cebu City.

For inquiries or to schedule a viewing, contact:
Joan Catipay
Licensed Real Estate Broker (PRC License No. 0032199)
Smart: (0931-0183511)
Watsapp: (+63)9310183511
Email: catipayjoan@gmail.com