718 sq.m. prime commercial lot for sale in Maribago-Lapu-Lapu City @ P40M

For Sale: Prime commercial property located along the high-foot traffic area of Maribago, Lapu-Lapu City. This is ideal for a food avenue/food strip or for a four-storey business complex.

Lot area: 718 sq.m. (corner lot)
Road Frontage: 35 meters approximate
Lot Terrain: all flat
Titled property: clean title
Existing structure: one-storey commercial building with four stalls -all currently rented (tenants: restaurant, tattoo shop, siomai kiosk and barbecue kiosk)
Current Monthly Income: P175k

Selling Price: Php 40,000,0000
Sale Transaction: standard
Buyer's account: transfer expense, and documentary stamp tax
Seller's account: broker's fee, notarial fee and capital gains tax

Nearby Establishments :
➡️Cebu White Sands Resort and Spa
White Sands Resort Villas
➡️Maribago Blue Water Beach Resort
➡️Savemore Supermarket
➡️Nordtropic Resort and Residences
* Boyla Hotel and Restaurant
* Casa Florentino

For inquiries and assistance, contact:

MARIQUITA L. BOLIGOL
Real Estate Broker
LEUTERIO REALTY AND BROKERAGE
Urgello St., Cebu City