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$ 1,400,000
Est. payment /mo
New
Bella Vista
14,423 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,423 sqft
Price per Sqft $97
Lot Size 4,844 Sqft
Property Description
Commercial Building for Sale | Bella Vista
A Prime Investment Opportunity in One of Panama City's Most Strategic Commercial Districts
Outstanding investments begin with an exceptional location, and this commercial building offers the ideal combination of strategic positioning, redevelopment potential, and long-term value in one of Panama City's most established business districts.
Located in Bella Vista, just 45 meters from Vía Brasil, the property enjoys immediate access to one of the city's main commercial corridors, connecting effortlessly to Obarrio, El Cangrejo, San Francisco, the Cinta Costera, and Panama City's financial center. The surrounding area is home to major hospitals, medical centers, banks, hotels, restaurants, corporate offices, and a wide variety of services, ensuring continuous commercial activity and strong demand.
The property sits on a 450 m² lot with 15 meters of frontage and 30 meters of depth, providing an excellent footprint for redevelopment or continued commercial use.
One of its greatest assets is its ZM8 (High-Density Mixed-Use) zoning, among the most flexible and valuable urban classifications in Panama City. This zoning allows for residential, commercial, institutional, corporate, and mixed-use developments, creating exceptional opportunities for investors and developers seeking to maximize returns.
The existing four-story commercial building offers 1,340.67 m² of construction and 1,221.70 m² of usable area. The property is in good condition and completely vacant, allowing immediate renovation, repositioning, or redevelopment without tenant-related restrictions.
Originally
designed as a corporate office building, it features private offices, open workspaces, reception areas, conference rooms, storage areas, employee dining facilities, and restrooms on every level, making it easily adaptable to a wide range of commercial uses.
An additional competitive advantage is the availability of 13 private parking spaces, located at both the front and rear of the property—an increasingly valuable feature in this highly sought-after commercial district.
Whether envisioned as a mixed-use development, corporate headquarters, medical office building, boutique office center, coworking hub, or residential project with retail components, this property offers an exceptional opportunity to acquire a highly versatile asset with significant long-term appreciation potential.
Asking Price: US$1,400,000
A Prime Investment Opportunity in One of Panama City's Most Strategic Commercial Districts
Outstanding investments begin with an exceptional location, and this commercial building offers the ideal combination of strategic positioning, redevelopment potential, and long-term value in one of Panama City's most established business districts.
Located in Bella Vista, just 45 meters from Vía Brasil, the property enjoys immediate access to one of the city's main commercial corridors, connecting effortlessly to Obarrio, El Cangrejo, San Francisco, the Cinta Costera, and Panama City's financial center. The surrounding area is home to major hospitals, medical centers, banks, hotels, restaurants, corporate offices, and a wide variety of services, ensuring continuous commercial activity and strong demand.
The property sits on a 450 m² lot with 15 meters of frontage and 30 meters of depth, providing an excellent footprint for redevelopment or continued commercial use.
One of its greatest assets is its ZM8 (High-Density Mixed-Use) zoning, among the most flexible and valuable urban classifications in Panama City. This zoning allows for residential, commercial, institutional, corporate, and mixed-use developments, creating exceptional opportunities for investors and developers seeking to maximize returns.
The existing four-story commercial building offers 1,340.67 m² of construction and 1,221.70 m² of usable area. The property is in good condition and completely vacant, allowing immediate renovation, repositioning, or redevelopment without tenant-related restrictions.
Originally
designed as a corporate office building, it features private offices, open workspaces, reception areas, conference rooms, storage areas, employee dining facilities, and restrooms on every level, making it easily adaptable to a wide range of commercial uses.
An additional competitive advantage is the availability of 13 private parking spaces, located at both the front and rear of the property—an increasingly valuable feature in this highly sought-after commercial district.
Whether envisioned as a mixed-use development, corporate headquarters, medical office building, boutique office center, coworking hub, or residential project with retail components, this property offers an exceptional opportunity to acquire a highly versatile asset with significant long-term appreciation potential.
Asking Price: US$1,400,000
Listed by Fanny Valdes • Engel & Völkers Panama City
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