Exterior:
Facade of Casa Catalina showing balconies, restored colonial details and street view.
Exterior:
Yellow facade with balcony railings, colonial windows on Avenida B.
Office:
Upper floor office layout with natural light and workspace furniture.
Office:
Modern office setup in colonial building upper level.
Mixed-use interior:
Cozy mixed-use room with rustic finishes opening to balcony.
Interior with balcony:
Living-reception area connects to balcony, suitable for lounge or Airbnb.
Night exterior:
Evening view of building exterior highlighting colonial charm and street activity.
Commercial Building for Sale
Casa Catalina Investment Building Casco Viejo Panama
Casco Viejo, San Felipe, Panama City
USD969,000
2
240.0 m²
About this Commercial Building
Unique opportunity to acquire Casa Catalina, a historic colonial 3-story commercial building located on Avenida B in Casco Viejo, Panama City's UNESCO World Heritage site. This investment property offers approx. 240m2 across 3 levels on an 80m2 lot. Ground floor leased restaurant (~$2,000/month), plus two upper floors ready for boutique hotel, Airbnb suites, offices, or retail – with design plans for 2 lounges or 4 units renting ~$1,500/each monthly. Potential annual income up to $60,000. High ceilings, large balconies with vibrant plaza views. Ideal for investors seeking a prestigious property in Panama's top tourist/live-work heritage district. Price $969,000 — contact Casa Nova Realty Panama to schedule a tour.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 7WxjiLa.
Key Features
- 3-level colonial building with commercial and residential potential
- Existing restaurant leased on ground floor
- Plans for upper floor Airbnb suites or lounges
- Balconies overlooking Avenida B
- High ceilings and preserved historic finishes
- Excellent location in heart of Casco Viejo tourist zone
- Income-producing mixed-use asset
Detailed Features
Property Details
TypeCommercial Building
CategoryMixed-Use / Investment
Size240 m²
Lot Size80 m²
Bathrooms2
FurnishedNo
Pets AllowedNo
Price/m²USD4,037.50 / m²
Listing ID7WxjiLa
Casa Catalina Amenities
Balconies with street views
Colonial style balconies overlooking Avenida B and plaza
Tall ceilings
High ceilings with original architectural details
Commercial ground floor
Adapted for restaurant or retail, currently leased
Opportunity for rooftop terrace
Potential to develop outdoor terrace lounge
Historic facade
Colorful restored exterior with colonial motifs
Mixed-use potential
Suites for commercial, office, short-term rental or boutique hotel
Location & Nearby
Neighborhood Highlights
- Located in Panama's UNESCO World Heritage district Casco Viejo
- Steps from Plaza de la Policía and Plaza Herrera
- Vibrant tourist area with restaurants, hotels, cafes
- Rich colonial and neoclassical architecture
- Popular historic neighborhood for nightlife
- Walking distance to Cinta Costera and Biomuseo
Nearby Landmarks
- Plaza de la Independencia (200m)
- Museo del Canal Interoceánico (220m)
- Plaza Herrera (100m)
- Sofitel Legend Hotel (50m)
- Cinta Costera (300m)