7
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$1,800,000
Est. payment /mo
4,306 SqFt
New
Casco Viejo
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,306 sqft
Price per Sqft $418
Lot Size 2,778 Sqft
Property Description
Income-Producing Commercial Building in Casco Viejo
An exceptional investment opportunity in the heart of Casco Viejo, one of Panama City's most iconic and sought-after historic districts. Positioned along one of the neighborhood's principal streets, the property is surrounded by renowned restaurants, boutique hotels, galleries, cafés and cultural landmarks, placing it at the center of one of the city's most dynamic lifestyle and tourism destinations.
Set on a 258 m² lot, the property offers approximately 400 m² of construction distributed across two levels. It currently comprises three commercial spaces, all with active tenants in place, providing immediate rental income from day one.
For investors seeking a well-located commercial asset with existing income and long-term appreciation potential, this property offers a compelling opportunity to establish a presence in one of Panama City's most limited-supply and internationally recognized neighborhoods.
Property Features
• 258 m² lot | Approx. 2,778 sq ft
• Approx. 400 m² of construction | Approx. 4,306 sq ft
• Two levels
• Three commercial spaces
• Active tenants in place
• Immediate rental income
• Prime position along one of Casco Viejo's main streets
• Surrounded by restaurants, boutique hotels, retail and cultural attractions
• Strong long-term appreciation potential
• Sale Price: US$1,800,000
An exceptional investment opportunity in the heart of Casco Viejo, one of Panama City's most iconic and sought-after historic districts. Positioned along one of the neighborhood's principal streets, the property is surrounded by renowned restaurants, boutique hotels, galleries, cafés and cultural landmarks, placing it at the center of one of the city's most dynamic lifestyle and tourism destinations.
Set on a 258 m² lot, the property offers approximately 400 m² of construction distributed across two levels. It currently comprises three commercial spaces, all with active tenants in place, providing immediate rental income from day one.
For investors seeking a well-located commercial asset with existing income and long-term appreciation potential, this property offers a compelling opportunity to establish a presence in one of Panama City's most limited-supply and internationally recognized neighborhoods.
Property Features
• 258 m² lot | Approx. 2,778 sq ft
• Approx. 400 m² of construction | Approx. 4,306 sq ft
• Two levels
• Three commercial spaces
• Active tenants in place
• Immediate rental income
• Prime position along one of Casco Viejo's main streets
• Surrounded by restaurants, boutique hotels, retail and cultural attractions
• Strong long-term appreciation potential
• Sale Price: US$1,800,000
Listed by Maria Arosemena • Engel & Völkers Panama City