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Two-story colonial corner commercial property with balconies and teal accents in Casco Viejo Panama
Exterior: Exterior view showcasing dual street frontage and sophisticated colonial architecture.
Eclectic cafe bar area with exposed beams, colorful walls, modern lighting Casco Viejo Panama
Bar/Cafe: Interior seating area with bar counter, vibrant design, and authentic character.
Multi-story colonial corner building with balconies and street view Casco Viejo Panama
Exterior: Corner lot with wrap-around balconies ideal for retail and restaurant use.
Three-story historic building with wooden balconies corner location Casco Viejo Panama
Exterior: Iconic colonial Caribbean architecture on a prime Casco Viejo corner site.
Commercial Mixed-Use for Sale

Corner Commercial Building 9% ROI Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD370,000
2 187.0 m²

About this Commercial Mixed-Use

Prime investment opportunity in Panama City's vibrant Casco Viejo historic district. This colonial corner building offers 186.86 m² of commercial space already leased, generating a guaranteed 9% annual return. Features flexible mixed-use zoning, high foot traffic visibility, multiple rental units including a fully equipped restaurant with gas kitchen, and dual corner frontage ideal for retail, cafe, or boutique hotel. Located steps from Plaza Catedral, government sites, nightlife, and cultural landmarks. Perfect for investors seeking high-yield passive income and capital appreciation in Panama’s UNESCO World Heritage site. Contact Casa Nova Realty Panama for a private showing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5PZ1FxR.

Key Features

  • Highly visible corner lot on main street
  • Multiple income-producing rental spaces
  • Equipped restaurant and café
  • Wrap-around balconies with colonial railings
  • Renovated interiors with rustic details
  • Flexible commercial or hospitality use
  • Located in Panama's UNESCO World Heritage zone
  • Ideal for investors seeking passive rental income

Detailed Features

Kitchen

Finishrestaurant-grade stainless equipment, gas range
RemodeledYes

Appliances

  • gas stove
  • commercial refrigerator
  • bar counter

Bathrooms

Bathroom 1

  • modern sinks
  • toilets
  • decorative tiles

Bathroom 2

  • modern sinks
  • toilets
  • decorative tiles

Outdoor

Property Details

TypeCommercial Mixed-Use
CategoryCommercial
Size186.86 m²
Bathrooms2
FurnishedYes
Pets AllowedNo
Price/m²USD1,980.09 / m²
Listing ID5PZ1FxR

Casco Viejo Historic Corner Commercial Amenities

Corner street frontage

Highly visible corner lot with dual access on active street

Multiple rental units

Subdivided spaces currently leased generating 9% ROI

Restaurant with gas kitchen

Fully equipped dining area ready for operation

Restored colonial balconies

Historic wrap-around balconies with vibrant railings

Outdoor seating area

Sidewalk cafe space with decorative planters

Flexible use zoning

Ideal for retail, hospitality, office or mixed-use

Prime tourism hub

Situated within Casco Antiguo’s tourist corridor

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage historic district
  • High pedestrian tourist traffic
  • Premier dining, boutique hotels, nightlife scene
  • Growing demand for retail and hospitality spaces
  • Government incentives for restoration and commercial investment

Nearby Landmarks

  • Plaza Catedral (100m)
  • Teatro Nacional (200m)
  • Presidential Palace (250m)
  • Amador Causeway (3 km)
  • Cinta Costera (500m)
*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: 5PZ1FxR. Last updated: 2025-11-07T23:59:00Z*
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