30
See all 30 photos
$1,600,000
Est. payment /mo
12,917 SqFt
New
Bella Vista
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,917 sqft
Price per Sqft $123
Lot Size 10,764 Sqft
Property Description
Commercial Property with Development Potential | Bella Vista
Located in Bella Vista, one of Panama City's most established and strategically positioned neighborhoods, this substantial property presents an attractive opportunity for investors, developers, and owner-occupiers seeking a centrally located asset with significant future potential.
Set on a 1,000 m² lot with approximately 1,200 m² of existing construction, the property offers flexibility for immediate commercial use while also providing an opportunity for future redevelopment.
The property is designated MP-RM3C2, a mixed-use zoning classification that allows for medium- to high-density residential development combined with commercial uses, subject to applicable planning and construction regulations.
Its generous lot size, central location, existing construction, and development potential make this an appealing opportunity for a residential, commercial, or mixed-use project in one of Panama City's most connected areas.
Property Highlights
• 1,000 m² lot
• Approx. 1,200 m² of construction
• 7 parking spaces
• MP-RM3C2 mixed-use zoning
• Potential for medium- to high-density residential development
• Commercial use permitted under applicable regulations
• Potential for residential, commercial, or mixed-use redevelopment
• Prime Bella Vista location
• Attractive opportunity for developers and investors
• Suitable for immediate commercial use or future redevelopment
• Sale Price: US$1,600,000
Located in Bella Vista, one of Panama City's most established and strategically positioned neighborhoods, this substantial property presents an attractive opportunity for investors, developers, and owner-occupiers seeking a centrally located asset with significant future potential.
Set on a 1,000 m² lot with approximately 1,200 m² of existing construction, the property offers flexibility for immediate commercial use while also providing an opportunity for future redevelopment.
The property is designated MP-RM3C2, a mixed-use zoning classification that allows for medium- to high-density residential development combined with commercial uses, subject to applicable planning and construction regulations.
Its generous lot size, central location, existing construction, and development potential make this an appealing opportunity for a residential, commercial, or mixed-use project in one of Panama City's most connected areas.
Property Highlights
• 1,000 m² lot
• Approx. 1,200 m² of construction
• 7 parking spaces
• MP-RM3C2 mixed-use zoning
• Potential for medium- to high-density residential development
• Commercial use permitted under applicable regulations
• Potential for residential, commercial, or mixed-use redevelopment
• Prime Bella Vista location
• Attractive opportunity for developers and investors
• Suitable for immediate commercial use or future redevelopment
• Sale Price: US$1,600,000
Listed by Maria Arosemena • Engel & Völkers Panama City