FOR SALE | 1,629 SQM PRIME COMMERCIAL LOT M. Adriatico Street, Malate, 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.