279 

Lot For Sale in Central Manila, Manila

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₱ 374,670,000
1,629 sqm
Commercial Lot For Sale in Central Manila
A rare, large-format commercial parcel in one of Manila's most established cultural and hospitality corridors — and one of the few contiguous lots of this size still available along Adriatico. 📍 Why This Location Walking distance to Manila Bay, Robinsons Place Manila, the Korea Town dining cluster, major universities, and tertiary hospitals. Anchored by mature street-level retail, F&B landmarks, and active hospitality operators including Sheraton Manila Bay just along the corridor. 📐 Property Snapshot Lot Area: 1,629 sqm Frontage: Prime stretch of M. Adriatico Street Classification: Commercial / Mixed-Use (subject to confirmation) Status: Vacant — clean slate for development Asking Price: PHP 230,000/sqm 🏨 Highest & Best Use Hospitality-led mixed-use development — a boutique hotel or serviced apartment tower above a ground-floor retail podium. Demonstrated demand from tourists, expat residents, students, and medical professionals supports strong absorption for well-branded operators. 📈 Investment Profile Target gross yield (well-executed mixed-use): 7–9% Projected land appreciation: 3–5% annually over 5 years Resilient secondary use: student / medical-staff micro-apartments 🎯 Ideal For Hotel developers, hospitality operators, mixed-use investors, and family offices seeking a long-hold, income-producing asset in a recovering tourism market. 📋 Available on Request Full GPVI Market Insight Report covering zoning, flood profile, comparable transactions, and use-case modeling. Inquire today — serious buyers only. 🌐 Grid Property Ventures, Inc.
Quirino Avenue, Barangay 726, Barangay 725, Malate, Fifth District, Manila, Capital District
16 min (1.01 km)
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The Grid Property Ventures Joined since 2019
RE/MAX Capital
₱ 534,000,000
1,335 sqm 1 Garage
Commercial Lot For Sale in Central Manila
DIRECT TO OWNER • COMMERCIAL LOT • 1,335 SQM • HIGH-TRAFFIC LOCATION • ₱534M GROSS NEGOTIABLE An exceptional 1,335 sqm commercial property strategically located along Taft Avenue and Donada Street, Pasay City. Positioned in a highly active and busy commercial area, this property presents a compelling opportunity for developers, investors, commercial operators and businesses looking for a prominent location with strong visibility and accessibility. The existing structure is an old building intended for teardown, allowing the future owner to redevelop the property according to the highest and best permitted use. PROPERTY DETAILS • Location: Taft Avenue & Donada Street, Pasay City • Property Type: Commercial Lot • Lot Area: 1,335 sqm • Existing Structure: Old structure for teardown • Property Orientation: East-facing • Location Profile: High-traffic / highly active commercial area • Ownership: Direct • Asking Price: ₱534,000,000 gross • Price per sqm: Approximately ₱400,000/sqm • Price: Negotiable WHY THIS PROPERTY? 📍 PRIME TAFT AVENUE LOCATION Located along Taft Avenue, one of Metro Manila's major north-south corridors, providing strong accessibility and exposure. 🚗 HIGH-TRAFFIC COMMERCIAL ENVIRONMENT The property is situated in a very busy commercial area, making it attractive for businesses that benefit from high visibility, accessibility and consistent pedestrian and vehicle activity. 📐 LARGE 1,335 SQM COMMERCIAL LOT The substantial lot size provides flexibility for a variety of potential commercial and redevelopment concepts, subject to zoning, permits and applicable regulations. 🏗️ REDEVELOPMENT OPPORTUNITY The existing structure is intended for teardown, giving developers and investors an opportunity to create a new commercial development designed specifically for the site. 💼 POTENTIAL COMMERCIAL USES Subject to zoning, permits, site requirements and regulatory approvals, the property may be considered for potential uses such as: • Commercial building • Retail / marketplace • Transportation-related commercial facility • Bus or transport terminal • Gasoline station • Food & beverage / commercial complex • Mixed-use development • Other high-traffic commercial concepts Prospective buyers should independently verify zoning, allowable use, permits, access requirements, easements and other development restrictions with the relevant authorities. IDEAL FOR ✔️ Property developers ✔️ Commercial investors ✔️ Corporate end-users ✔️ Retail operators ✔️ Transportation-related businesses ✔️ Landbanking investors ✔️ Businesses seeking a highly visible commercial location SALE DETAILS ASKING PRICE: ₱534,000,000 GROSS ₱400,000/sqm approximately NEGOTIABLE DIRECT PROPERTY 📞 For inquiries and viewing appointments: Christian Dumlao Marketing Staff 0960 681 ---- Listing Broker: Jose Sehwani Gonzales PRC-37244 0917 521 ---- RE/MAX Capital
Taft Avenue, Barangay 703, Malate, Fifth District, Manila, Capital District
16 min (1.02 km)
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Joined since 2021
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What's nearby these properties
  • Education 7 educational institutions
Places nearby
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  • Education
Schools
  • Monte de Tanay Elementary School
  • Tablon Elementary School
  • Cuyambay Elementary School
  • Sampaloc National High School – Cuyambay Annex
  • Laiban National High School
  • Laiban Elementary School
    • All
    • Schools
    • Universities
    Schools
  • Monte de Tanay Elementary School
  • Tablon Elementary School
  • Cuyambay Elementary School
  • Sampaloc National High School – Cuyambay Annex
  • Laiban National High School
  • Laiban Elementary School
  • Frequently asked questions about living in the area

    • There are several educational options nearby, such as schools and universities, which make daily life easier for families and students.

    Evolution of lots for sale prices in Central Manila

    ₱ 150,151/m² Price per m² of a lot in Central Manila in August 2026
    ₱ 118,000,000 Average value of a lot
    -2.1 % Evolution compared to July 2026
    0.0 % Evolution compared to January 2026

    Is it a good time to buy a lot in Central Manila in 2026?

    In August 2026, the sale of houses in Central Manila has registered a slight price drop, which may be a good opportunity to buy, negotiate better conditions, and take advantage of the trend before prices rise again.
    This scenario is especially convenient for buyers looking to acquire their first property or expand their portfolio with less risk of overpaying.