34 Bedroom Commercial for Sale in Santa Monica, Puerto Princesa, Palawan

Presented by Phil Realty: a 34-bedroom commercial property for sale in Santa Monica, Puerto Princesa, Puerto Princesa, Palawan. Asking price: PHP 120,000,000. The property has approximately 25.75 meters of frontage along the National Highway, providing excellent visibility and accessibility. It is also approximately 60 meters from the entrance/road leading to Balayong People's Park and the nearby Caltex Gasoline Station. With its large land area, highway frontage, established improvements, existing income, and strategic location, the property offers substantial potential for renovation, expansion, or complete redevelopment. Possible future concepts may include a hotel or boutique accommodation, commercial center, mixed-use development, events/function venue, restaurant, or resort-oriented establishment, subject to applicable zoning, permits, and development regulations. A rare opportunity to acquire a substantial commercial property in a strategic and highly accessible area of Puerto Princesa City. Highlights include PRIME COMMERCIAL & REDEVELOPMENT PROPERTY IN PUERTO PRINCESA, PALAWAN; Existing Improvements & Facilities; 34 rooms in total; 6 Deluxe Rooms; 28 Ordinary Rooms; Rooms require renovation; 2 Function Halls; 1 Restaurant; 1 Swimming Pool – currently non-operational; Existing operational facilities; Existing long-term boarders providing ongoing income; Improvements suitable for renovation and redevelopment; Strategic Location; Puerto Princesa City Hall; Puerto Princesa Sports Complex; Balayong People's Park; Commercial establishments; Government offices and agencies. Amenities and features include Car park. Schedule a private viewing with Phil Realty to walk the property and review full documentation.