When I came back to my hometown, I never expected the "boom" that is going on. More business activities are going on, and more shopping malls are coming out. Presently, there's the Gaisano Mall Butuan, Robinsons Mall (which is even bigger than many other Robinsons mall in other cities), and there's SM Butuan which will open this February 2020. And the Villar Group is going to open their mall as well near their subdivisions.
For an investor in real estate, this opportunity must not go unsurpassed.
The commercial building that is for sale is quite strategic. It is in the middle of the city, along one of the busiest highways, and situated in a corner where a traffic light controls the flow of vehicles. It is walking distance to the main highway of the city. it is close to a hospital, a school, and many other commercial building and banks. It has a lot area of 170sqm, 80% occupied, has 4-floor levels, with floor area of 657.01sqm. The ground floor has a mezzanine.
This commercial building is for sale at Php 46M, but this price is still negotiable.