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Interior of colonial commercial building with exposed ceiling, yellow walls and metal staircase in Casco Viejo Panama
Interior: Raw industrial space ideal for redevelopment in Casco Viejo
Stone wall interior stairwell inside colonial building for sale Casco Viejo Panama
Stairwell: Stairs with exposed stone perfect for restoration project
Exposed brick and stone walls in interior stairwell colonial building Casco Viejo Panama
Stairwell: Original materials showcasing historic colonial architecture
Street view of multi-story colonial buildings with balconies Casco Viejo Panama
Exterior: Historic street-facing facade ideal for commercial revitalization
Metal staircase interior with exposed stone walls Casco Viejo Panama
Interior: Interior space fit for transformation in UNESCO protected zone
Empty industrial interior with metal supports and doorway Casco Viejo Panama
Interior space: Large open floors with high redevelopment potential
Interior corridor with open balconies colonial commercial building Casco Viejo Panama
Interior corridor: Traditional colonial design ideal for restoration projects
Large industrial loft interior with black corrugated ceiling Casco Viejo Panama
Open space: Spacious open interior suitable for creative redesign
Steep indoor staircase with cement steps and metal railing Casco Viejo Panama
Stairwell: Interior passage needing restoration with original features
Iron balcony overlooking colorful historic street Casco Viejo Panama
Balcony: Colonial style street-facing balcony capturing Casco Viejo essence
Commercial Building for Sale

Building for Sale Approved Project Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD900,000
1 1 1352.0 m² 1

About this Commercial Building

Investment opportunity in Panama City's historic Casco Viejo. For sale a colonial mixed-use building with approximately 1352 m² total distributed on 4 floors (~345 m² each), with approved permits from the National Archaeology & Monuments Commission for redevelopment. Featuring multiple balconies overlooking Avenida B, original colonial architecture elements, high ceilings, stone walls, and flexible floor plans ideal for boutique hotel, apartments, retail or hospitality. Located close to Plaza Herrera, cultural landmarks, top restaurants and nightlife. UNESCO heritage neighborhood ensures long-term appreciation and rental demand. Offered at $900,000 USD – exceptional value for developers and investors looking to own in this iconic neighborhood. Contact Casa Nova Realty Panama for site inspection.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2M3s3Bv.

Key Features

  • Approved heritage redevelopment project
  • Four level historic colonial structure
  • Balconies with decorative black ironwork
  • Stone walls, exposed ceilings, industrial interior
  • Suitable for residential, retail or hotel conversion
  • Located in Panama's top cultural district
  • UNESCO protection ensures investment value

Detailed Features

Kitchen

Finishindustrial exposed structure, unfinished interiors
RemodeledNo

Bedrooms

Bedroom 1

  • balcony access
  • colonial windows
  • high ceilings

Bathrooms

Bathroom 1

  • basic restroom facility

Outdoor

TerraceMultiple colonial balconies with street views in historic quarter

Property Details

TypeCommercial Building
CategoryCommercial / Investment
Size1352.21 m²
Lot Size1352.21 m²
Bedrooms1
Bathrooms1
Parking1
FurnishedNo
Pets AllowedNo
Price/m²USD665.58 / m²
Listing ID2M3s3Bv

PH Avenida B Casco Viejo Amenities

Approved development permits

National Commission of Archaeology and Historical Monuments project approval included

Multiple balconies

Urban street-facing balconies with colonial ironwork

Mixed-use potential

Ideal for boutique hotel, apartments, retail or cultural space

Historical architecture

Original colonial façade and rustic interior elements

Four story building

Approximately 1352 sqm distributed over four floors

Sufficient parking nearby

Street parking in historic neighborhood

Pedestrian-friendly zone

Situated within bustling Casco Viejo walkable streets

Location & Nearby

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Neighborhood Highlights

  • Located in UNESCO World Heritage Site Casco Viejo
  • Close to popular plazas, historic churches and museums
  • Premiere dining and nightlife destination in Panama City
  • Easy access to banking district and Cinta Costera
  • Tourist hotspot with high walkability

Nearby Landmarks

  • Plaza Herrera (100m)
  • Teatro Nacional (200m)
  • Museo del Canal Interoceánico (250m)
  • American Trade Hotel (80m)
  • Cinta Costera entrance (400m)
*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 2M3s3Bv. Last updated: 2025-11-07T23:59:00Z*
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