Exterior/Courtyard:
Urban courtyard featuring metal roofing and original colonial details ideal for renovation.
Balcony/Exterior:
Classic colonial balcony facing street with restoration potential.
Exterior:
Street view with ornate balconies and retail space on ground floor.
Exterior street view:
Multiple balconies and arches on commercial-residential building façade.
Exterior commercial-residential:
Retail space below with residential floors and balconies above.
Interior stairwell:
Basic enclosed staircase providing access between levels.
Building for Sale
Casco Viejo Colonial Building for Sale | Historic Investment Panama
Casco Viejo, San Felipe, Panama City
USD400,000
6
4
621.0 m²
About this Building
Unique investment opportunity to acquire a historic colonial building in Panama's UNESCO-protected Casco Viejo, San Felipe. The 134 m² street-level lot supports up to 621 m² of buildable area across multiple floors, zoned RMH2-C2 (high density residential + commercial). Currently configured with approx. 6 rooms and 4 bathrooms, the structure is ripe for renovation into boutique hotel, luxury apartments with retail/dining below, or mixed rental spaces. Features classic balconies, ground retail potential, and charming colonial facade. Moments walk to iconic squares, museums, waterfront and vibrant nightlife. Priced attractively at $400,000 for this prime heritage asset. Perfect for visionary investors seeking a flagship project in Panama City's historic heart with tremendous appreciation potential. Contact Casa Nova Realty Panama's Casco experts for viewing.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2mWecgZ.
Key Features
- Colonial balconies with iron railings
- Multiple retail storefront possibility
- High ceilings and large windows
- Prime UNESCO World Heritage zone
- Mix of commercial and residential uses
- Ideal for boutique hotel or apartments
- Street level high foot traffic
- Historic restoration eligibility
- Potential rooftop terrace addition
Detailed Features
Outdoor
Property Details
TypeBuilding
CategoryCommercial & Residential Mixed-Use
Size621 m²
Lot Size134 m²
Bedrooms6
Bathrooms4
FurnishedNo
Pets AllowedNo
Price/m²USD644.12 / m²
Listing ID2mWecgZ
Casco Viejo Colonial Block Amenities
Potential rooftop terrace
Building permits may allow creating scenic rooftop leisure space.
Commercial storefront space
Ground floor retail or dining possibilities with sidewalk seating.
Multiple balconies
Charming colonial balconies overlooking street.
Residential apartments above
Multiple floors ideal for restoration into rental income units.
Historic features
Colonial arches, ornamental parapets and ironwork.
Location & Nearby
Neighborhood Highlights
- Located within UNESCO World Heritage historic district
- Tourist hotspot with high pedestrian traffic
- Close to Plaza Herrera, Plaza Catedral and waterfront
- Vibrant art galleries, boutique hotels, cafes and nightlife
- Easy access to Cinta Costera and city center
Nearby Landmarks
- Plaza Herrera (150m)
- Catedral Basílica Santa María la Antigua (300m)
- Museo del Canal Interoceánico (350m)
- Cinta Costera (500m)
- Presidential Palace Palacio de Las Garzas (400m)