commercial properties for sale in Quezon City

Commercial Properties for Sale in Quezon City

 

Capitalize on Growth: Commercial Real Estate Opportunities in Quezon City

 

Quezon City, a vibrant and expansive metropolis named after former President Manuel L. Quezon, anchors the Philippine economy. Spanning 161 km² and home to about 3 million residents across its six congressional districts, this dynamic city continues to attract discerning business owners. In 2023, Quezon City's robust local economy generated P29.1 billion in revenue, underscoring its position as a leading economic center.

 

Quezon City constantly ranks among the best in Asia in terms of economic potential. The Quezon City government boasts an impressive array of 355 developed parks and open spaces, spanning 47.77 square kilometers of green spaces. This accounts for a significant portion of the city's landscape, home to 22% of the total population in Metro Manila, with a population density of 184 persons per hectare. The median age of residents is 27 years old, reflecting a youthful and dynamic demographic. Furthermore, the city prides itself on a remarkable literacy rate of 99.71%, underscoring its commitment to education and building a well-informed populace.

 

Quezon City is a thriving hub for commerce and innovation, boasting an impressive number of IT parks and centers, with 36 dedicated to fostering technological advancements. This city also has 108 of the country's top 1000 corporations. The presence of these corporations underscores the importance of commercial properties in Quezon City, as they furnish the necessary infrastructure and space for businesses to flourish. The city's strategic location and robust infrastructure make it an attractive destination for entrepreneurs and investors seeking to capitalize on the growing demand for commercial properties. With a vibrant economy and a supportive business environment, Quezon City continues to be a pivotal player in Metro Manila's commercial landscape, offering opportunities for growth and success in various industries.

 

Places to go in Quezon City

 

Quezon City is known for its thriving commercial district, which is a vibrant hub of activity with businesses, offices, and shops lining the streets.

 

Araneta City

 

Cubao is another key district in Quezon City with many available commercial properties, particularly in the vibrant area of Araneta City, which offers clients unparalleled advantages. This 35-hectare mixed-use development, a historical landmark since the 1960s, delivers a dynamic environment for businesses to thrive. Clients benefit from the sheer volume of foot traffic, with over a million people passing through the area daily, ensuring maximum exposure for retail and service-oriented businesses. The presence of iconic landmarks like the Araneta Coliseum and popular shopping destinations such as Ali Mall, Farmers Plaza, and Gateway Mall creates a powerful synergy that attracts a diverse customer base.

 

Furthermore, the established Cyberpark caters to the burgeoning BPO and IT sectors, rendering a ready market for related services and support businesses. The strategic location of these properties in Araneta City, a major transit hub at the intersection of key thoroughfares, guarantees easy accessibility for both customers and employees. Ongoing modernization efforts and its reputation as the "City of Firsts" underscore its commitment to progress, ensuring investments remain relevant and profitable in the long term. In essence, commercial properties in Araneta City offer historical significance, modern amenities, and strategic advantages, making it a prime location for businesses seeking growth and success.

 

Tomas Morato Avenue

 

Tomas Morato Avenue is a vibrant and iconic artery within Quezon City, renowned for its dynamic entertainment and dining scene. This bustling street, stretching through the Diliman and New Manila districts, has evolved into a premier destination for those seeking diverse culinary experiences and lively nightlife. Originally named Sampaloc Avenue, it was later renamed in honor of Tomas Morato, the city's first mayor, reflecting its historical significance. Its strategic location and accessibility contribute to its enduring popularity, attracting a diverse crowd, including local celebrities and young professionals.

 

Culturally significant and commercially active, Tomas Morato Avenue is a key entertainment hub, hosting various restaurants, bars, and cafes. Halfsaints & Bake Studio offers an enticing menu featuring puff pizzas and delightful cakes and pastries. Tablo Kitchen X Cafe presents a diverse selection of salads, starters, chicken, pork, and seafood dishes. Vitto’s Wine Bar is perfect for those who enjoy delicious wines paired with their meals. Lastly, Gangnam Grill offers an authentic taste of South Korea with its traditional BBQ offerings.

 

Its proximity to major broadcasting centers further enhances its cultural impact, while its thriving commercial landscape makes it an ideal location for various businesses. The avenue's continuous evolution and reputation as a trendy dining row solidify its position as a cornerstone area of Quezon City's social and economic life.

 

Eastwood City

 

Eastwood City in Bagumbayan commercial district, a pioneering "live-work-play" development by Megaworld Corporation in Quezon City, is a testament to modern urban planning. This 18.5-hectare complex integrates residential condominiums, office spaces, and a vibrant retail and entertainment scene. As the Philippines' first IT park and a major BPO hub, it has significantly contributed to the nation's economic growth. Residents and workers benefit from the convenience of its self-contained environment, enjoying access to Eastwood Mall, Eastwood Citywalk floor area's diverse dining and nightlife options, and various events that characterize the area's lively atmosphere.

 

Strategically located and continuously updated, Eastwood City offers a contemporary lifestyle that caters to different needs. Its pet-friendly environment and commitment to modernization further enhance its appeal, making it a sought-after destination for those seeking a dynamic and convenient urban experience. Business, leisure, and residential space integration create a thriving community that embodies the essence of modern city living.

 

UP Town Center

 

UP Town Center in Quezon City, nestled beside the University of the Philippines Diliman campus, is a contemporary, open-air lifestyle mall designed to serve the vibrant university community and its neighboring residents. Tailored to appeal to students, faculty, and young professionals, the mall offers a curated mix of retail, dining, and entertainment options, creating a relaxed and upscale atmosphere. Its design, featuring landscaped gardens and inviting outdoor spaces, fosters a pleasant and community-oriented environment, making it a favored destination for shopping and social gatherings.

 

UP Town Center is a central hub that allocates many retail stores, from the largest popular fashion brands to specialized shops, alongside a wide selection of dining establishments, from casual cafes to fine dining establishments. This lifestyle mall transcends traditional shopping experiences by hosting various events and activities, solidifying its position as a vital social and commercial point within the Diliman area.

 

 

Why Operate Businesses in Quezon City?

 

 

Operating a business in Quezon City offers numerous strategic advantages, particularly for clients investing in commercial, office, and retail units within its bustling commercial districts. Here are four key benefits:

 

 

Vast Consumer Market and High Foot Traffic

 

Quezon City, home to over three million residents, presents a substantial and diverse consumer market, making it an ideal location for the sale of commercial properties. This large population ensures significant foot traffic in commercial areas, providing businesses with consistent exposure. Investors seeking to expand their market reach will find commercial properties in Araneta City, Tomas Morato, and UP Town Center particularly beneficial, as these areas offer access to a vast and active consumer base. This is especially advantageous for retail businesses aiming to increase sales and boost brand visibility. As one of the largest cities in Metro Manila, Quezon City offers abundant opportunities for commercial property sales.

 

 

Strategic Location and Accessibility

 

Leveraging its prime location within Metro Manila, Quezon City provides unparalleled accessibility through its extensive network of roads and public transportation. Businesses benefit from the ease of commuting for both workforce and clientele, facilitated by major thoroughfares such as EDSA and Aurora Boulevard. Clients seeking optimal logistical flow and customer engagement find office spaces in Eastwood City or commercial units near transit hubs highly advantageous.

 

 

Thriving Economic Hub and Business Opportunities

 

The robust economic climate of Quezon City, characterized by substantial revenue generation and a diverse commercial and industrial base encompassing BPO, IT, and entertainment, cultivates a dynamic business environment ripe with expansion opportunities. Investing in commercial properties within established business districts provides a secure and profitable foundation for clients seeking growth and stability. Office units in Cyberparks and retail spaces that align with the city's economic activity promise significant returns.

 

 

Established Entertainment and Lifestyle Destinations

 

Quezon City's dynamic entertainment and lifestyle destinations, like Araneta City, Tomas Morato Avenue, and UP Town Center, create an ideal setting for business prosperity. The consistent flow of visitors creates a vibrant atmosphere and drives consumer spending, providing hospitality, entertainment, and retail clients with prime locations for unparalleled exposure and growth. Leveraging these popular areas guarantees a steady flow of potential customers.

 

 

Where to Buy a Commercial Property in Quezon City?

 

Quezon City stands as the largest city in Metro Manila in terms of land area and holds the title of the most populous city in the Philippines. With an impressive inventory of over 200 buildings for sale, including hotels, towering office spaces, and a variety of commercial properties, it presents a wealth of opportunities for investors. This vast selection caters to diverse business requirements, making Quezon City a prime destination for those looking to tap into its vibrant commercial real estate market.

 

 

New Manila

 

 

New Manila, a prime commercial district within Quezon City, offers established institutions and modern amenities, making it an ideal location for commercial property investment. Spanning over 16,000 hectares, this vibrant area boasts essential establishments like Saint Paul College, St. Luke's Hospital, and Cardinal Santos Medical Center, ensuring a steady flow of potential customers and clients. Popular shopping destinations such as The Boulevard at Madison 101 Tower and proximity to eateries at Robinsons Magnolia provide convenient retail options, enhancing the area's appeal for businesses and consumers.

 

Historically rich and strategically located, New Manila, formerly the Magdalena Estate, is defined by its 1112 ZIP Code and key boundary avenues. Its legacy of Christian institutions, including St. Andrew’s Theological Seminary, highlights its cultural significance. Bordered by several Quezon City barangays and the Ermitaño Creek, which connects to San Juan’s commercial district, New Manila offers excellent connectivity. This combination of historical depth, essential services, and accessible retail makes commercial properties in New Manila highly desirable for investors seeking a stable and thriving business environment.

 

Aurora Boulevard

 

 

Aurora Boulevard is a bustling commercial artery in Quezon City and San Juan, offering prime opportunities for commercial property and office space investments. Known for its strategic location, the boulevard ensures high visibility and accessibility, thanks to the MRT 3 and LRT 2 lines, which provide convenient access at multiple stops like Katipunan North Entrance and Anonas Line 2 stations. The area near Araneta City, with its dense concentration of businesses, is ideal for retail spaces, restaurants, and service-oriented establishments. Aurora Boulevard is home to major malls like Araneta City, Gateway Mall, Ali Mall, and SM Cubao, with various restaurants and two hospitals, UERM Medical Center and World Citi Medical Centre. The constant flow of traffic and pedestrian activity makes it an attractive location for businesses, offering building spaces that cater to various budget requirements.

 

Beyond retail, Aurora Boulevard's accessibility and connectivity make it an attractive location for office spaces. The proximity to major thoroughfares like EDSA and Katipunan Avenue and efficient public transportation options ensures easy access for employees and clients. The presence of educational and medical institutions along the boulevard further enhances its appeal for businesses seeking to cater to a diverse clientele. The continuous development and commercial activity along Aurora Boulevard make it a promising area for investors looking to capitalize on Quezon City's commercial landscape growth.

 

 

Frequently Asked Questions About Buying a Commercial Property in Quezon City

 

How to get to Quezon City? 

 

Quezon City is highly accessible via various modes of transportation. From within Metro Manila, major thoroughfares like EDSA, C-5, and Aurora Boulevard provide direct routes by car, taxi, or ride-sharing services. Public transportation options within Quezon City include the MRT-3, LRT-2, and numerous bus and jeepney routes that traverse the city. Major bus terminals along EDSA and Cubao offer provincial bus services for those arriving from outside Metro Manila. Ninoy Aquino International Airport (NAIA) is the primary air gateway, with readily available transportation options to Quezon City.

 

How much does it cost to operate in Quezon City?

 

Prospective investors in Quezon City's commercial sector will find a dynamic market with a wide price range, offering opportunities for diverse investment strategies. From exclusive properties priced at Php 650,000,000 to more accessible units starting at Php 250,000, the market caters to varying budgets. The average district price of approximately Php 263 million illustrates the market's diversity.

 

Is Quezon City safe?

 

Quezon City's reputation for safety and dynamic economic growth provides a strategic advantage for businesses. Its robust infrastructure and thriving economy make it a prime investment location, offering entrepreneurs a strong pathway to success.

 

 

Secure your business's future with prime commercial properties for sale in Quezon City. HousingInteractive, the Philippines' first property portal, is your partner in delivering effective property solutions in Quezon City.